M&A Deal Summary |
|
|---|---|
| Date | 2001-12-31 |
| Target | Old Lyme Insurance Company of Rhode Island |
| Sector | Insurance |
| Buyer(s) | Fairfax |
| Sellers(s) | HUB International |
| Deal Type | Divestiture |
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Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Fairfax’s corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax was founded in 1951 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 14 |
| Sector: Insurance M&A | 1 of 7 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Rhode Island M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2001 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-03 |
SRO Napa
Napa,, California, United States SRO Napa is a California-based managing general underwriter that produces and underwrites excess casualty and other specialty casualty insurance products through three U.S. regional offices in Napa, California, North Olmsted, Ohio and West Hartford, Connecticut. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Insurance |
| Employees | 10,000 |
| Revenue | 2.2B USD (2018) |
HUB International is a global insurance brokerage providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil. HUB International was founded in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Insurance M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 1 of 3 |
| State: Rhode Island M&A | 1 of 1 |
| Country: United States M&A | 1 of 3 |
| Year: 2001 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-07-24 |
Burnham Insurance Group
Battle Creek,, Michigan, United States The Burnham Insurance Group, is a regional insurance agency, offers individuals, businesses and financial institutions a full range of insurance products and services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-10-14 |
Warner Associates
Montgomery, Alabama, United States Warner Associates, Inc.,specialist in the direct marketing of life and health insurance coverage to retail customers of financial institutions. |
Buy | - |
