M&A Deal Summary |
|
|---|---|
| Date | 2018-10-31 |
| Target | Tokio Millennium Re AG |
| Sector | Insurance |
| Buyer(s) | RenaissanceRe |
| Sellers(s) | Tokio Marine Holdings |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Insurance |
| Employees | 945 |
| Revenue | 11.6B USD (2024) |
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 | 3 of 4 |
| Sector: Insurance M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 2 of 3 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-31 |
Tokio Millennium Re
London, United Kingdom Tokio Millennium Re (UK) Ltd. is a provider of short and long tail, and specialty treaty reinsurance solutions to customers in the United Kingdom, Ireland, Africa, the Middle East, Asia, Latin America, and internationally. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-22 |
Validus Re
Pembroke, Bermuda Validus Re is a provider of reinsurance and insurance, conducting its operations worldwide through two wholly-owned subsidiaries, Validus Reinsurance, Ltd. and Talbot Holdings Ltd. The company is a Bermuda-based reinsurer focused on short-tail lines of reinsurance. Talbot is the Bermuda parent of the specialty insurance group primarily operating within the Lloyd's insurance market through Syndicate 1183. Validus Re was founded in 2005 and is based in Pembroke. |
Buy | $3.0B |
| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Insurance |
| Employees | 51,436 |
| Revenue | 7.58T JPY (2025) |
Tokio Marine Holdings is an entity that engages in non-life and life insurance, and financial and general businesses worldwide. Tokio Marine Holdings was founded in 2002 and is based in Tokyo, Japan.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-31 |
Tokio Millennium Re
London, United Kingdom Tokio Millennium Re (UK) Ltd. is a provider of short and long tail, and specialty treaty reinsurance solutions to customers in the United Kingdom, Ireland, Africa, the Middle East, Asia, Latin America, and internationally. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-03 |
Privilege Underwriters
New York, New York, United States Privilege Underwriters, Inc. is a U.S. insurance group specialized in the U.S. High Net Worth (“HNW”) insurance market, through TMHD’s wholly-owned subsidiary, HCC Insurance Holdings, Inc. (“TMHCC”) (hereinafter: “the Acquisition”). |
Buy | - |