M&A Deal Summary |
|
|---|---|
| Date | 2008-08-14 |
| Target | PMI Mortgage Insurance Asia |
| Sector | Insurance |
| Buyer(s) | QBE |
| Sellers(s) | PMI Mortgage Insurance Co. |
| Deal Type | Divestiture |
| Deal Value | 58M AUD |
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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 | 16 of 29 |
| Sector: Insurance M&A | 16 of 29 |
| Type: Divestiture M&A Deals | 4 of 5 |
| Country: China M&A | 1 of 1 |
| Year: 2008 M&A | 5 of 6 |
| Size (of disclosed) | 13 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-14 |
PMI Mortgage Insurance Australia Pty
Sydney, Australia PMI Mortgage Insurance Australia is a provider of lenders’ mortgage insurance products and services. |
Buy | AU$969M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-26 |
ZC Sterling Insurance Agency
Atlanta, Georgia, United States ZC Sterling Insurance Agency is an underwriting agency specializing in providing specialty insurance solutions through customized technology-enabled business process services to mortgage originators, homebuilders, banks and real estate agents across the United States. |
Buy | $575M |
PMI Mortgage Insurance Company Limited is a provider of mortgage insurance and credit enhancement services.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Insurance M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 2 of 3 |
| Country: China M&A | 1 of 1 |
| Year: 2008 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-14 |
PMI Mortgage Insurance Australia Pty
Sydney, Australia PMI Mortgage Insurance Australia is a provider of lenders’ mortgage insurance products and services. |
Sell | AU$969M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-02-08 |
CMG Mortgage Insurance Co.
San Francisco,, California, United States CMG Mortgage Insurance Company is a a monoline insurer focused on mortgage insurance. |
Sell | - |
