M&A Deal Summary

CNA Acquires Sur Insurance Agency

On November 1, 2010, CNA acquired insurance company Sur Insurance Agency

Acquisition Highlights
  • This is CNA’s 2nd transaction in the Insurance sector.
  • This is CNA’s 2nd transaction in the United States.
  • This is CNA’s 1st transaction in South Dakota.

M&A Deal Summary
Date 2010-11-01
Target Sur Insurance Agency
Sector Insurance
Buyer(s) CNA
Deal Type Add-on Acquisition

Target

Sur Insurance Agency

Sioux Falls, South Dakota, United States
Sur Insurance Agency, Inc. is a insurance agent that provides property, casualty insurance services.

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Buyer(S) 1

Buyer

CNA

Chicago, Illinois, United States
Category Company
Founded 1853
Sector Insurance
Employees6,100
Revenue 13.1B USD (2023)
DESCRIPTION
Entrance to CNA's corporate headquarters in Downtown Chicago.
Entrance to CNA's corporate headquarters in Downtown Chicago.

CNA is a commercial insurance company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. CNA was incorporated in 1853 and is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 3
Sector (Insurance) 2 of 3
Type (Add-on Acquisition) 1 of 2
State (South Dakota) 1 of 1
Country (United States) 2 of 2
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-28 First Insurance Company of Hawaii

Honolulu,, Hawaii, United States

First Insurance Company of Hawaii, provides a wide range of personal and commercial insurance products, which company distribute through 27 independent agencies throughout Hawaii.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-21 Hardy Underwriting Bermuda Limited

Hamilton, Bermuda

Hardy Underwriting Bermuda Limited is an insurance underwriter.

Buy $2.2B
Mergr

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