QBE Mergers and Acquisitions Summary

InsuranceCompany

QBE has acquired 29 companies. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.

QBE’s largest acquisition to date was in 2007, when it acquired Winterthur U.S. Holdings for $1.2B. It’s largest disclosed sale occurred in 2015, when it sold QBE Holdings to Alliant Insurance Services for $300M. QBE has acquired in 10 different US states, and 11 countries. The Company’s most targeted sectors include insurance (100%).

Join Mergr and gain access to QBE’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the insurance sector.

M&A Summary

  • M&A Total Activity34
    • M&A Buy Activity29
    • M&A Sell Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 11
  • M&A Buy/Sell Connections 9

QBE

QBE Insurance Group Ltd.

388 George Street Level 18,
Sydney, NSW 2000
Australia,
61 2 9375 4444
www.qbe.com

QBE is a general insurance and reinsurance companies, with operations in all the key insurance markets.The company underwrites commercial and personal lines classes of business through operations in 45 countries. QBE was founded in 1886 and is based in Sydney, Australia.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.0/yr) # 29 - - - - - 29
vol $5.8B $5.8B
Sell (0.0/yr) # 5 - - - - - 5
vol $395M $395M
  34

Most Recent M&A

Company Date Value Type
QBE Insurance - Workers Compensation Business 2015-02-24 95M USD Divestiture
, Argentina
CHU Underwriting Agencies Pty Ltd. 2015-02-16 - Divestiture
Milsons Point, Australia · www.chu.com.au
Underwriting Agencies of Australia Pty Ltd. 2015-02-16 - Divestiture
Newcastle,, Australia · www.uaa.com.au
QBE Holdings, Inc. 2015-01-20 300M USD Divestiture
New York, New York · www.qbena.com
HSBC La Buenos Aires Seguros S.A 2012-03-07 - Add-on Acquisition
Ciudadela, Argentina
Optima Insurance Group 2011-12-22 - Add-on Acquisition
San Juan, United States
Balboa Insurance Co. 2011-06-02 - Add-on Acquisition
Irvine, California
CUNA Mutual Australia Holding Co., Pty Ltd. 2011-04-01 - Add-on Acquisition
, Australia
Renaissance Reinsurance Ltd. 2011-03-07 275M USD Divestiture
, United States
United Security Insurance Co. 2011-01-26 - Divestiture
Aurora, Colorado
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
ZC Sterling Insurance Agency Inc. 2008-11-26 Westwood Insurance Agency, Inc. 2022-03-03 1
Atlanta, Georgia · www.zcsterling.com West Hills, California · www.westwoodinsurance.com
QBE Investments (North America), Inc. (QBE North America)    - QBE Investments (North America), Inc. - National Farmers Union Insurance 2018-11-13 2
Sun Prairie, Wisconsin Sun Prairie, Wisconsin
QBE Investments (North America), Inc. (QBE North America)    - QBE North America - Lender-Placed Insurance Business 2015-07-15 1
Sun Prairie, Wisconsin , United States

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 29 (100%) 5.8B (100%) 5 (100%) 395M (100%)
Total 29 $5.8B 5 $395M

By Geo

State/Country Buy Value Sell Value
United States 13 4.5B 2 300M
  Colorado 2 140M 1 -
  California 2 565M - -
  New York 1 800M 1 300M
  Wisconsin 1 1.2B - -
  Texas 1 190M - -
  Minnesota 1 565M - -
  Michigan 1 146M - -
  Louisiana 1 - - -
  Georgia 1 575M - -
Australia 5 1.0B 2 -
Argentina 2 - 1 95M
United Kingdom 2 - - -
Belgium 1 301M - -
China 1 41M - -
Colombia 1 - - -
Ecuador 1 - - -
Germany 1 - - -
Mexico 1 33M - -
Switzerland 1 - - -
Domestic 5 (17%) 1.0B (17%) 2 (40%) -
Cross-border 24 (83%) 4.8B (83%) 3 (60%) 395M (100%)
Total 29 $5.8B 5 $395M

Deal Values

buy # Total
> $1B 1 $1.2B
$100M to $1B 11 $4.6B
< $100M 2 $74M
TOTAL $5.8B
Largest Winterthur U.S. Holdings, Inc.
$1.2B (2007-05-31)
sell # Total
$100M to $1B 1 $300M
< $100M 1 $95M
TOTAL $395M
Largest QBE Holdings, Inc.
$300M (2015-01-20)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Strategic(s)
17%
5 (17%)
Divested to
Strategic(s)
100%
5 (100%)

 Subscribe to unlock this and 182,987
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.3K Private Equity Firms
  • 173K M&A Transactions
  • 179K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 65K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.