M&A Deal Summary

Chubb Acquires PT Asuransi Jaya Proteksi

On June 13, 2012, Chubb acquired insurance company PT Asuransi Jaya Proteksi for 130M USD

Acquisition Highlights
  • This is Chubb’s 8th transaction in the Insurance sector.
  • This is Chubb’s 9th largest (disclosed) transaction.
  • This is Chubb’s 1st transaction in Indonesia.

M&A Deal Summary

Date 2012-06-13
Target PT Asuransi Jaya Proteksi
Sector Insurance
Buyer(s) Chubb
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

PT Asuransi Jaya Proteksi

Jakarta,, Indonesia
PT Asuransi Jaya Proteksi, engages in personal lines, offering property, motor, accident and health insurance as well as commercial insurance coverages such as marine cargo and liability insurance.

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Buyer(S) 1

Buyer

Chubb

Zurich, Switzerland

Category Company
Founded 1985
Sector Insurance
Employees43,000
Revenue 56.2B USD (2024)
DESCRIPTION
Chubb's corporate headquarters in Zurich, Switzerland.
Chubb's corporate headquarters in Zurich, Switzerland.

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 8 of 17
Sector: Insurance M&A 8 of 15
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Indonesia M&A 1 of 1
Year: 2012 M&A 1 of 1
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-28 Rio Guayas Compania de Seguros y Reaseguros

Matriz, Ecuador

Rio Guayas sells a range of insurance products, including motor, property, life, cargo, accident and health, casualty, marine and aviation, primarily through independent brokers and agencies and Banco de Guayaquil’s branches.

Buy $55M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-02 ACE Fianzas Monterrey SA

Miguel Hidalgo, Mexico

Fianzas Monterrey was founded in 1943 and is Mexico's second-largest surety lines company, offering administrative performance bonds mainly to construction and industrial clients. It has 25 branch offices and distributes its products through nearly 600 independent agents and brokers.

Buy $293M