M&A Deal Summary |
|
|---|---|
| Date | 2023-11-16 |
| Target | Argo Group |
| Sector | Insurance |
| Buyer(s) | Brookfield Reinsurance |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.1B USD |
| Advisor(s) | Goldman Sachs (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
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| Category | Company |
|---|---|
| Founded | 2020 |
| Sector | Insurance |
| Revenue | 7.0B USD (2023) |
Brookfield Reinsurance provides capital solutions for insurance and reinsurance companies, and pension risk transfer products for Canadian pension plan sponsors. Brookfield Reinsurance was founded in 2020 and is based in Pembroke, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Insurance) | 2 of 3 |
| Type (Add-on Acquisition) | 2 of 3 |
| Country (Bermuda) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-25 |
American National
Galveston, Texas, United States American National is an operator of a group of companies writing a broad array of insurance products and services and operating in all 50 states. American National was founded in 1905 and is based in Galveston, Texas. |
Buy | $5.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-30 |
American Equity Investment Life Holding
West Des Moines, Iowa, United States American Equity Investment Life Holding provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. American Equity Investment Life Holding was founded in 1995 and is based in West Des Moines, Iowa. |
Buy | $4.3B |
