Add-on Acquisition • Insurance

AIG Acquires Central Insurance Co.

On August 2, 2006, AIG acquired insurance company Central Insurance Co.

Acquisition Context
  • This is AIG’s 6th transaction in the Insurance sector.
  • This is AIG’s 1st transaction in Taiwan.

Explore All 5492 Add-on Acquisition Insurance Deals - Search the Database Free


M&A Deal Summary

Date August 2, 2006
Target Central Insurance Co.
Sector Insurance
Buyer(s) AIG
Deal Type Add-on Acquisition

Target Company

Central Insurance Co.

Taipei, Taiwan
Central Insurance Co., Ltd. is a general insurance company. It underwrites automobile, fire, casualty, marine, and personal accident insurance products produced through in-house agents, brokers, banks and other strategic partners in offices across Taiwan.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

AIG

New York, New York, United States

Category Company
Founded 1919
Sector Insurance
Employees22,200
Revenue 27.3B USD (2024)
DESCRIPTION

AIG is an international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. American International Group was incorporated in 1919 and is based in New York City.


Deal Context for Buyer #
Overall 6 of 17
Sector: Insurance 6 of 16
Type: Add-on Acquisition 4 of 9
Country: Taiwan 1 of 1
Year: 2006 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-20 Travel Guard International

Wisconsin, United States

Travel Guard International is a provider of travel insurance programs and emergency travel assistance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-27 21st Century Insurance Group

Wilmington, Delaware, United States

21st Century Insurance has been dedicated to providing customers superior coverage and service, while helping them save money on auto insurance.

Buy $813M

Explore Related M&A Activity