M&A Deal Summary |
|
|---|---|
| Date | 2021-07-19 |
| Target | AmGeneral Insurance |
| Sector | Insurance |
| Buyer(s) | Liberty Mutual Group |
| Sellers(s) |
Ammb Group
IAG |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1912 |
| Sector | Insurance |
| Employees | 50,000 |
Liberty Mutual Group is an insurance company. Liberty offers a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products. Liberty Mutual was formed in 1912 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector: Insurance M&A | 11 of 11 |
| Type: Divestiture M&A Deals | 5 of 5 |
| Country: Malaysia M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-12 |
State Auto Financial
Columbus, Ohio, United States State Auto Financial is a regional property and casualty insurance holding company that markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. State Auto Financial was founded in 1990 and is based in Columbus, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-09 |
Fetch
Virginia Beach, Virginia, United States Fetch is a cutting-edge technology platform used to streamline the process whereby car-buying customers shop for auto insurance while at car dealerships. Fetch is based in Virginia Beach, Virginia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1975 |
| Sector | Financial Services |
| Employees | 7,652 |
| Revenue | 4.8B MYR (2025) |
AmBank Group is a financial services group providing services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, life insurance, family takaful, stock and share broking, futures broking, investment advisory and asset management services in unit trusts and real estate investment trusts. Ammb Group was founded in 1975 and is based in Kuala Lumpur, Malaysia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Malaysia M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-19 |
AmLife Insurance Bhd
Kuala Lumpur, Malaysia AmLife Insurance Bhd provides insurance services. |
Sell | $256M |
IAG is the parent company of a general insurance group with controlled operations in Australia, New Zealand, Thailand and Vietnam, employing over 13,500 people. Insurance Australia Group was founded in 1920 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Malaysia M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-16 |
Wesfarmers - Insurance Underwriting Business
Australia Wesfarmers Insurance Underwriting include Lumley and WFI in Australia and New Zealand along with a 10 year distribution agreement for Coles insurance. |
Buy | AU$1.8B |
