M&A Deal Summary |
|
---|---|
Date | 2012-09-06 |
Target | HSBC Insurance Company of Delaware |
Sector | Insurance |
Buyer(s) | Enstar Group |
Sellers(s) | HSBC Holding |
Deal Type | Divestiture |
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Category | Company |
---|---|
Founded | 1993 |
Sector | Insurance |
Employees | 792 |
Revenue | 864M USD (2021) |
Enstar Group is a insurance run-off services company that specializes in acquiring and managing reserves associated with discontinued books of property & casualty insurance and reinsurance business on a global basis. Enstar Group was incorporated in 2001 and is based in Hamilton, Bermuda.
DEAL STATS | # |
---|---|
Overall | 5 of 15 |
Sector (Insurance) | 5 of 13 |
Type (Divestiture) | 3 of 9 |
State (New Jersey) | 2 of 3 |
Country (United States) | 4 of 9 |
Year (2012) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-09-06 |
Household Life Insurance Company of Delaware
Bridgewater,, New Jersey, United States Household Life Insurance Company of Delaware is a provider of insurance products. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-02-07 |
SeaBright Insurance Holdings
Seattle, Washington, United States SeaBright Insurance Holdings is a underwriter of specialty workers? compensation insurance for the maritime and alternative dispute resolution markets. |
Buy | $252M |
Category | Company |
---|---|
Founded | 1865 |
Sector | Financial Services |
Employees | 219,199 |
Revenue | 67.0B USD (2022) |
HSBC is a global banking and financial services company. HSBC dates back to 1865 and is based in London, United Kingdom
DEAL STATS | # |
---|---|
Overall | 7 of 10 |
Sector (Insurance) | 1 of 3 |
Type (Divestiture) | 6 of 9 |
State (New Jersey) | 1 of 1 |
Country (United States) | 4 of 4 |
Year (2012) | 3 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-07-13 |
HSBC - 37 Retail Banking Branches
United States HSBC - 37 Retail Banking Branches, 26 branches are in its Western New York District and 11 are in its Rochester District, bringing to 100 the total number of KeyBank branches in those markets. |
Sell | $95M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-10-15 |
HSBC Reinsurance
Dublin,, Ireland HSBC Reinsurance Limited is engaged in underwriting the proportional reinsurance treaties covering creditor, household, and travel risks related to banc assurance risks in the UK and Europe. |
Sell | - |