M&A Deal Summary |
|
|---|---|
| Date | 2021-10-07 |
| Target | Cigna - Life Accident And Supplemental Benefits Businesses |
| Sector | Healthcare Services |
| Buyer(s) | Chubb |
| Sellers(s) | Cigna |
| Deal Type | Divestiture |
| Deal Value | 5.8B USD |
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Chubb is a property and casualty insurer that offers a broad range of personal and commercial insurance products. Chubb was founded in 1985 and is based in Zurich, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 17 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 8 of 10 |
| Country: China M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-01 |
Chubb
Warren, New Jersey, United States Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service. |
Buy | $28.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-03 |
LMG Insurance in Thailand
Bangkok, Thailand LMG Insurance in Thailand offers a range of consumer and commercial P&C products, including Automotive, Accident & Health and Non-Motor insurance such as fire/property and industrial all-risk. LMG Insurance in Thailand is based in Bangkok, Thailand. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1792 |
| Sector | Healthcare Services |
| Employees | 71,295 |
| Revenue | 244.4B USD (2024) |
Cigna is a health services organization. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance. Cigna dates back to 1792 and is based in Bloomfield, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Healthcare Services M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 3 of 4 |
| Country: China M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-22 |
Cigna - Texas Medicaid & Medicare-Medicaid Plan Contracts
Texas, United States Cigna’s Texas Medicaid Contracts provides managed healthcare services. |
Sell | $60M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-31 |
Cigna - Medicare Businesses & CareAllies
Bloomfield, Connecticut, United States Cigna's Medicare Businesses & CareAllies provides 3.6 million Medicare members, with nearly 600,000 in Medicare Advantage plans, more than 450,000 on Medicare Supplement plans and 2.5 million with Medicare Part D. CareAllies – which serves approximately 450,000 patients – is focused on driving the transition to physician value-based care by partnering with providers to form independent physician associations and accountable care organizations, as well as providing management services to support value-based care arrangements. |
Sell | $3.3B |
