M&A Deal Summary

Cooperativa de Seguros Múltiples de Puerto Rico Acquires Royal & SunAlliance Insurance

On June 9, 2003, Cooperativa de Seguros Múltiples de Puerto Rico acquired insurance company Royal & SunAlliance Insurance from RSA for 38M GBP

Acquisition Highlights
  • This is Cooperativa de Seguros Múltiples de Puerto Rico’s 1st transaction in the Insurance sector.
  • This is Cooperativa de Seguros Múltiples de Puerto Rico’s 0th largest (disclosed) transaction.
  • This is Cooperativa de Seguros Múltiples de Puerto Rico’s 1st transaction in Puerto Rico.

M&A Deal Summary

Date 2003-06-09
Target Royal & SunAlliance Insurance
Sector Insurance
Buyer(s) Cooperativa de Seguros Múltiples de Puerto Rico
Sellers(s) RSA
Deal Type Divestiture
Deal Value 38M GBP

Target

Royal & SunAlliance Insurance

Guaynabo,, Puerto Rico
Royal & SunAlliance Insurance (Puerto Rico), Inc. is a provider of insurance services.

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Buyer(S) 1

Buyer

Cooperativa de Seguros Múltiples de Puerto Rico

San Juan,, Puerto Rico

Category Company
Founded 1963
Sector Insurance
DESCRIPTION

Cooperativa de Seguros Múltiples de Puerto Rico operates as a property/casualty insurance company.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
Country (Puerto Rico) 1 of 1
Year (2003) 1 of 1

Seller(S) 1

SELLER

RSA

London, United Kingdom

Category Company
Sector Insurance
Employees12,378
Revenue 6.9B GBP (2019)
DESCRIPTION

RSA is a multinational quoted insurance group. RSA has core operations in the UK, Scandinavia, Canada, Ireland, and Latin America, and has the capability to write business in around 140 countries. RSA is focusing on general insurance. RSA is based in London, the United Kingdom.


DEAL STATS #
Overall 6 of 24
Sector (Insurance) 6 of 23
Type (Divestiture) 6 of 21
Country (Puerto Rico) 1 of 1
Year (2003) 1 of 5
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-22 Securitas Bremer Allgemeine Versicherungs AG

Bremen,, Germany

Securitas Bremer Allgemeine Versicherungs AG operated as an insurance company which provides a range of insurance coverage including property, automobile, personal liabilty, transport, fire, and technical insurance policies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-01 Royal Specialty

Atlanta,, Georgia, United States

Royal Specialty provides insurance solutions including excess casualty, primary liability, director’s and officer’s liability, and special property.

Sell -