M&A Deal Summary

AIG Life Insurance Company of Canada Acquires Hartford Life Insurance Co.

On October 5, 1999, AIG Life Insurance Company of Canada acquired insurance company Hartford Life Insurance Co.

Acquisition Highlights
  • This is AIG Life Insurance Company of Canada’s 1st transaction in the Insurance sector.
  • This is AIG Life Insurance Company of Canada’s 1st transaction in the United States.
  • This is AIG Life Insurance Company of Canada’s 1st transaction in Connecticut.

M&A Deal Summary

Date 1999-10-05
Target Hartford Life Insurance Co.
Sector Insurance
Buyer(s) AIG Life Insurance Company of Canada
Deal Type Add-on Acquisition

Target

Hartford Life Insurance Co.

Simsbury, Connecticut, United States
Hartford Life Insurance Co. engages in the insurance services,company provides various insurance products.

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Buyer(S) 1

Buyer

AIG Life Insurance Company of Canada

Toronto, Ontario, Canada

Category Company
Sector Insurance
DESCRIPTION

AIG Life Insurance Company of Canada provides life, and accident and health insurance products to commercial, institutional, and individual customers.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1999 M&A 1 of 1