M&A Deal Summary |
|
|---|---|
| Date | 2007-12-17 |
| Target | Combined Insurance Company of America |
| Sector | Insurance |
| Buyer(s) | Chubb |
| Sellers(s) | Aon |
| Deal Type | Divestiture |
| Deal Value | 2.4B 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 | 2 of 15 |
| Sector (Insurance) | 2 of 13 |
| Type (Divestiture) | 2 of 8 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 2 of 7 |
| Year (2007) | 1 of 2 |
| Size (of disclosed) | 3 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-05 |
R&Q Reinsurance
30 South 17th Street, Pennsylvania, United States R&Q Reinsurance Co. provides insurance services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-20 |
The Atlantic Companies
New York City, New York, United States The Atlantic Companies markets the Atlantic Master Plan (AMP) policy nationally through independent agents. The AMP policy includes coverage options for homeowners, automobile, umbrella liability and personal property insurance for affluent individuals and families. |
Buy | - |
Aon is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing. Aon serves clients through two segments, Risk Solutions and HR Solutions. Risk Solutions acts as an advisor and insurance and reinsurance broker, helping clients manage their risks via consultation, as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network. HR Solutions partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance by designing, implementing, communicating and administering a wide range of human capital, retirement, investment consulting, health care, compensation and talent management strategies. Aon was founded in 1919 and is based in Dublin, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 20 |
| Sector (Insurance) | 4 of 7 |
| Type (Divestiture) | 5 of 20 |
| State (Illinois) | 2 of 4 |
| Country (United States) | 3 of 12 |
| Year (2007) | 2 of 2 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-17 |
Sterling Life Insurance
Bellingham,, Washington, United States Sterling Life Insurance Company, is a provider of insurance plans for commercials and individuals. |
Sell | $352M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-08 |
Cosegur Re
Peru Cosegur Re is an Peruvian reinsurance intermediary offering clients in Peru greater access to worldwide reinsurance markets . |
Buy | - |
