M&A Deal Summary

R&Q Acquires Brandywine Reinsurance Company S.A.-N.V.

On July 5, 2006, R&Q acquired insurance company Brandywine Reinsurance Company S.A.-N.V. from Chubb

Acquisition Highlights
  • This is R&Q’s 3rd transaction in the Insurance sector.
  • This is R&Q’s 1st transaction in Belgium.

M&A Deal Summary

Date 2006-07-05
Target Brandywine Reinsurance Company S.A.-N.V.
Sector Insurance
Buyer(s) R&Q
Sellers(s) Chubb
Deal Type Divestiture

Target

Brandywine Reinsurance Company S.A.-N.V.

Belgium
Brandywine Reinsurance Company S.A.-N.V. provides Reinsurance services in Belgium.

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Buyer(S) 1

Buyer

R&Q

Hamilton, Bermuda

Category Company
Founded 1991
Sector Insurance
Employees330
Revenue 81M GBP (2022)
DESCRIPTION

R&Q is a service provider and acquirer of solvent insurance companies in run-off. R&Q was founded in 1991 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 3 of 27
Sector: Insurance M&A 3 of 27
Type: Divestiture M&A Deals 3 of 11
Country: Belgium M&A 1 of 1
Year: 2006 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-05 R&Q Reinsurance Co.

30 South 17th Street, Pennsylvania, United States

R&Q Reinsurance Co. provides insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-07 R.K. Carvill & Co.

London, United Kingdom

R.K. Carvill & Co., Ltd. engages in treaty reinsurance broking business.

Buy -

Seller(S) 1

SELLER

Chubb

Zurich, Switzerland

Category Company
Founded 1985
Sector Insurance
Employees43,000
Revenue 56.2B USD (2024)
DESCRIPTION
Chubb's corporate headquarters in Zurich, Switzerland.
Chubb's corporate headquarters in Zurich, Switzerland.

Chubb is a property and casualty insurer that offers a broad range of personal and commercial insurance products. Chubb was founded in 1985 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
Country: Belgium M&A 1 of 1
Year: 2006 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-05 R&Q Reinsurance Co.

30 South 17th Street, Pennsylvania, United States

R&Q Reinsurance Co. provides insurance services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-17 Combined Insurance Company of America

Glenview,, Illinois, United States

Combined Insurance Company of America Inc., is a provider of supplemental insurance products in North America, Europe, and the Asia Pacific.

Buy $2.4B