M&A Deal Summary |
|
---|---|
Date | 2021-06-11 |
Target | Codan |
Sector | Insurance |
Buyer(s) | Alm. Brand |
Sellers(s) |
Intact
Tryg |
Deal Type | Divestiture |
Deal Value | 12.6B DKK |
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Category | Company |
---|---|
Founded | 1792 |
Sector | Insurance |
Employees | 2,265 |
Revenue | 14.6B DKK (2023) |
Alm. Brand is a non-life insurance company in Denmark with a market share of approximately 9%. Non-life Insurance assists around 320,000 households and 90,000 corporate customers. Life Insurance assists around 70,000 customers. Alm. Brand was incorporated in 1792 and is based in Copenhagen, Denmark.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (Denmark) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Intact is a provider of property and casualty insurance in Canada with $7.3 billion in premiums. Intact was founded in 1809 and is based in Toronto, Canada.
DEAL STATS | # |
---|---|
Overall | 3 of 3 |
Sector (Insurance) | 3 of 3 |
Type (Divestiture) | 3 of 3 |
Country (Denmark) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-11-18 |
RSA
London, United Kingdom RSA is a multinational quoted insurance group. RSA has core operations in the UK, Scandinavia, Canada, Ireland, and Latin America, and has the capability to write business in around 140 countries. RSA is focusing on general insurance. RSA is based in London, the United Kingdom. |
Buy | £7.2B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-06-17 |
Highland
United Kingdom Highland is a managing general agent specializing in the builders risk segment of the construction market. |
Buy | - |
Tryg is an operator of non-life insurance companies in the Nordic region with activities in Denmark, Norway, and Sweden. Tryg provides insurance services for more than 4 million customers on a daily basis. Tryg was founded in 1731 is based in Ballerup, Denmark.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (Denmark) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-11-18 |
RSA
London, United Kingdom RSA is a multinational quoted insurance group. RSA has core operations in the UK, Scandinavia, Canada, Ireland, and Latin America, and has the capability to write business in around 140 countries. RSA is focusing on general insurance. RSA is based in London, the United Kingdom. |
Buy | £7.2B |