M&A Deal Summary |
|
|---|---|
| Date | 2016-08-15 |
| Target | AIG United Guaranty Insurance |
| Sector | Insurance |
| Buyer(s) | Arch Capital |
| Sellers(s) | AIG |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1995 |
| Sector | Insurance |
| Employees | 7,200 |
| Revenue | 16.9B USD (2024) |
Arch Capital is a reinsurance and insurance company. The proceeds of this financing were used to launch a major underwriting initiative to meet current and future demand in the global insurance marketplace. Arch Capital was founded in 1995 and is based in Pembroke, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 13 |
| Sector: Insurance M&A | 4 of 12 |
| Type: Divestiture M&A Deals | 3 of 4 |
| Country: China M&A | 1 of 1 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-15 |
United Guaranty
Greensboro, North Carolina, United States United Guaranty Corp. is a provider of mortgage insurance products and services to mortgage lenders and credit unions of all sizes. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-09 |
Premia
Hamilton, Bermuda Premia is a reinsurance group with operations in Bermuda, the U.S., and Europe that is focused on sourcing, structuring, and servicing run-off businesses. Premia was founded in 2017 and is based in Hamilton, Bermuda. |
Buy | $510M |
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 STATS | # |
|---|---|
| Overall | 12 of 22 |
| Sector: Insurance M&A | 9 of 18 |
| Type: Divestiture M&A Deals | 12 of 20 |
| Country: China M&A | 1 of 1 |
| Year: 2016 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-15 |
United Guaranty
Greensboro, North Carolina, United States United Guaranty Corp. is a provider of mortgage insurance products and services to mortgage lenders and credit unions of all sizes. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-16 |
Ascot Underwriting
London, United Kingdom Ascot Underwriting Ltd. is a global specialty (re)insurer writing insurance and reinsurance business in Property, Energy, Specie & Fine Art, Cargo, Terrorism & Political Risk, Marine Hull, Marine Liabilities, Renewable Energy, Casualty, Personal Accident, and Excess of Loss Reinsurance. Ascot leads in most of these classes and leads over 40% of the slips it writes. |
Sell | $1.1B |
