M&A Deal Summary

Insular Life Acquires Generali Life Assurance Philippines

On December 4, 2024, Insular Life acquired insurance company Generali Life Assurance Philippines from Assicurazioni Generali

Acquisition Highlights
  • This is Insular Life’s 1st transaction in the Insurance sector.
  • This is Insular Life’s 1st transaction in Philippines.

M&A Deal Summary

Date 2024-12-04
Target Generali Life Assurance Philippines
Sector Insurance
Buyer(s) Insular Life
Sellers(s) Assicurazioni Generali
Deal Type Divestiture

Target

Generali Life Assurance Philippines

Philippines
Generali Life Assurance Philippines offers insurance solutions and services to policyholders and stakeholders in the Philippines.

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Buyer(S) 1

Buyer

Insular Life

Muntinlupa, Philippines

Category Company
Sector Insurance
DESCRIPTION

Insular Life (InLife) is a Filipino life insurance company that offers financial protection, savings, investments, and retirement services. Insular Life is based in Muntinlupa, Philippines.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Philippines M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

Assicurazioni Generali

Trieste, Italy

Category Company
Founded 1831
Sector Insurance
Employees87,909
Revenue 58.5B EUR (2024)
DESCRIPTION

Assicurazioni Generali is an Italian insurance company that acts as the parent to the Generali Group. The Group comprises insurance, holding, financial and real estate. Assicurazioni Generali was founded in 1831 and is based in Trieste, Italy.


DEAL STATS #
Overall 5 of 5
Sector: Insurance M&A 4 of 4
Type: Divestiture M&A Deals 4 of 4
Country: Philippines M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 Liberty Seguros

Madrid, Spain

Liberty Seguros is a provider of non-life insurance and reinsurance products and services. Liberty Seguros was founded in 1966 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-17 MGG Investment Group

New York, New York, United States

MGG Investment Group provides flexible capital solutions to middle-market companies across all industries. MGG Investment Group was founded in 2014 and is based in New York, New York.

Buy -