M&A Deal Summary

Missouri Employers Mutual Insurance Co. Acquires United Security Insurance Co.

On January 26, 2011, Missouri Employers Mutual Insurance Co. acquired insurance company United Security Insurance Co. from QBE

Acquisition Highlights
  • This is Missouri Employers Mutual Insurance Co.’s 1st transaction in the Insurance sector.
  • This is Missouri Employers Mutual Insurance Co.’s 1st transaction in the United States.
  • This is Missouri Employers Mutual Insurance Co.’s 1st transaction in Colorado.

M&A Deal Summary

Date 2011-01-26
Target United Security Insurance Co.
Sector Insurance
Buyer(s) Missouri Employers Mutual Insurance Co.
Sellers(s) QBE
Deal Type Divestiture

Target

United Security Insurance Co.

Aurora, Colorado, United States
United Security Insurance Company is a provider of insurance services to inland marine and specialty property sectors.

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Buyer(S) 1

Buyer

Missouri Employers Mutual Insurance Co.

Columbia,, Missouri, United States

Category Company
Founded 1994
Sector Insurance
DESCRIPTION

Missouri Employers Mutual Insurance Company is a provider of mutual workers compensation insurance services.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

QBE

Sydney, Australia

Category Company
Founded 1886
Sector Insurance
Employees13,479
Revenue 18.7B USD (2024)
DESCRIPTION

QBE is a general insurance and reinsurance companies, with operations in all the key insurance markets.The company underwrites commercial and personal lines classes of business through operations in 45 countries. QBE was founded in 1886 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 5
Sector: Insurance M&A 1 of 5
Type: Divestiture M&A Deals 1 of 5
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-03 Secura NV

Brussels, Belgium

Secura NV is a Belgian-based specialist reinsurer, provides reinsurance products and services. Secura has long-established relationships with a large number of insurers throughout mainland Europe covering property, motor, casualty and specialist classes.

Buy €267M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-07 Renaissance Reinsurance

United States

Renaissance Reinsurance Ltd. is a provider of property catastrophe and specialty reinsurance coverage for insurers and reinsurers worldwide.

Buy $275M