M&A Deal Summary |
|
|---|---|
| Date | 2022-02-23 |
| Target | Catlin Specialty Insurance |
| Sector | Insurance |
| Buyer(s) | Applied Underwriters |
| Sellers(s) | AXA XL |
| Deal Type | Divestiture |
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Applied Underwriters designs financial services and workers' compensation solutions to meet the real needs of small and mid-sized businesses nationwide. With insurance carriers rated 'A' by A.M. Best Company and as part of the Berkshire Hathaway family, we offer rock-solid workers' compensation coverage along with some of the hardest-working products and services available on the market today.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Insurance M&A | 7 of 7 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Connecticut M&A | 1 of 1 |
| Country: United States M&A | 6 of 6 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-23 |
Alaska Timber Insurance Exchange
Ketchikan, Alaska, United States Alaska Timber Insurance Exchange was formed by members of the Alaska Loggers Association, which is now the Alaska Forest Association. ATIE's membership includes a diverse group of employers located throughout Alaska. AM Best has issued a Financial Strength Rating of 'A-' (Excellent) and Issuer Credit Rating of 'a-' to Alaska Timber Insurance Exchange. Alaska Timber Insurance Exchange was formed in 1980 and is based in Ketchikan, Alaska. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-18 |
Centauri Insurance
Sarasota, Florida, United States Centauri Insurance is a property and casualty insurance company provides catastrophe coverage and for its ability to provide financial protection to its policyholders, through innovative solutions and personalized service. Centauri Insurance was founded in 2006 and is based in Sarasota, Florida. |
Sell | - |
AXA XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Connecticut M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-19 |
New Ocean Capital
Hamilton, Bermuda New Ocean Capital is an asset manager focused on sourcing investment opportunities in the traditional (re)insurance market, the collateralized reinsurance market, and the reinsurance capital markets. New Ocean Capital is based in Hamilton, Bermuda. |
Buy | - |