M&A Deal Summary

Beazley Acquires Omaha Property and Casualty Insurance

On March 25, 2005, Beazley acquired insurance company Omaha Property and Casualty Insurance from Mutual of Omaha Insurance

Acquisition Highlights
  • This is Beazley’s 1st transaction in the Insurance sector.
  • This is Beazley’s 1st transaction in the United States.
  • This is Beazley’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2005-03-25
Target Omaha Property and Casualty Insurance
Sector Insurance
Buyer(s) Beazley
Sellers(s) Mutual of Omaha Insurance
Deal Type Divestiture

Target

Omaha Property and Casualty Insurance

Omaha, Nebraska, United States
Omaha Property and Casualty Insurance Co. engages in underwriting of fire, marine, and casualty insurance.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Beazley

London, United Kingdom
Category Company
Founded 1986
Sector Insurance
Employees2,324
Revenue 585M USD (2023)
DESCRIPTION

Beazley is a provider of risk insurance and reinsurance solutions. Beazley was founded in 1986 and is headquartered in London, England.

DEAL STATS #
Overall 1 of 6
Sector (Insurance) 1 of 6
Type (Divestiture) 1 of 2
State (Nebraska) 1 of 1
Country (United States) 1 of 2
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-29 Santam Corporate UK

United Kingdom

Santam Corporate UK Ltd. is a provider of property and life insurance products and services.

Buy -

Seller(S) 1

SELLER

Mutual of Omaha Insurance

Omaha, Nebraska, United States
Category Company
Founded 1909
Sector Insurance
DESCRIPTION

Mutual of Omaha is a full-service, multi-line organization providing insurance, banking and financial products for individuals, businesses and groups throughout the United States.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Divestiture) 1 of 2
State (Nebraska) 1 of 1
Country (United States) 1 of 2
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-17 Mutual of Omaha Stop Loss Business

United States

Mutual of Omaha Stop Loss Business insurance is designed to protect employers' self-funded health plans from the financial impact of catastrophic claims.

Sell -
Mergr

Product

Company

Legal