M&A Deal Summary |
|
---|---|
Date | 2011-03-07 |
Target | Renaissance Reinsurance |
Sector | Insurance |
Buyer(s) | QBE |
Sellers(s) | RenaissanceRe |
Deal Type | Divestiture |
Deal Value | 275M USD |
SEARCH BY
Try For Free 7-Day Free Trial
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 | 25 of 29 |
Sector (Insurance) | 25 of 29 |
Type (Divestiture) | 5 of 5 |
Country (United States) | 11 of 13 |
Year (2011) | 1 of 4 |
Size (of disclosed) | 9 of 14 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-01-26 |
United Security Insurance
Aurora, Colorado, United States United Security Insurance Company is a provider of insurance services to inland marine and specialty property sectors. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-04-01 |
CUNA Mutual Australia Holding Pty
Australia CUNA Mutual Australia Holding company is a provider of insurance services to credit unions and building societies. |
Buy | - |
Category | Company |
---|---|
Founded | 1993 |
Sector | Insurance |
Employees | 925 |
Revenue | 9.1B USD (2023) |
RenaissanceRe is a provider of reinsurance and insurance. The Company's business consists of three reportable segments: (1) Catastrophe Reinsurance, which includes catastrophe reinsurance and certain property catastrophe joint ventures managed by the Company's ventures unit; (2) Specialty Reinsurance, which includes specialty reinsurance and certain specialty joint ventures managed by the Company's ventures unit; and (3) Lloyd's, which includes reinsurance and insurance business written through RenaissanceRe Syndicate 1458. RenaissanceRe Holdings was founded in 1993 and is based in Pembroke, Bermuda.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2011) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-03-02 |
Platinum Underwriters Holdings
Waterloo House 100 Pitts Bay Road, Bermuda Platinum Underwriters Holdings Ltd. is a provider of property, casualty and finite risk reinsurance coverages, through reinsurance brokers, to a diverse clientele on a worldwide basis. |
Buy | $1.9B |