M&A Deal Summary |
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---|---|
Date | 2003-11-25 |
Target | Sierra Insurance Company of Texas |
Sector | Insurance |
Buyer(s) | Folksamerica Holding Company |
Sellers(s) | Sierra Health Services |
Deal Type | Divestiture |
Deal Value | 80M USD |
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Category | Company |
---|---|
Founded | 1985 |
Sector | Insurance |
Folksamerica Holding Company, Inc., parent company of Folksamerica Reinsurance Company, a multi-line broker market reinsurer, is a wholly owned subsidiary of White Mountains Insurance Group, Ltd.
DEAL STATS | # |
---|---|
Overall | 4 of 4 |
Sector (Insurance) | 4 of 4 |
Type (Divestiture) | 2 of 2 |
State (Texas) | 1 of 1 |
Country (United States) | 4 of 4 |
Year (2003) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2001-09-25 |
C/F Insurance
United States C/F Insurance Co.,operates as a property and casualty insurance company. |
Buy | $46M |
Category | Company |
---|---|
Founded | 1984 |
Sector | Healthcare Services |
Sierra Health Services, Inc. is a diversified healthcare company. Sierra provides and administers the delivery of managed care benefit plans for employers, government programs and individuals. Sierra defines managed healthcare as quality care delivered in an organized and cost-effective manner, requiring providers, insurers and members to work together.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Texas) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2003) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1993-06-13 |
CII Financial
Las Vegas, Nevada, United States CII, through its wholly owned subsidiaries, California Indemnity Insurance Company and Commercial Casualty Insurance Company, is primarily engaged in writing workers' compensation insurance in California, Colorado, Nebraska, New Mexico and Utah. |
Buy | $86M |