M&A Deal Summary

Resolution Acquires Royal & SunAlliance Life UK

On July 1, 2004, Resolution acquired insurance company Royal & SunAlliance Life UK from RSA for 1.5B USD

Acquisition Highlights
  • This is Resolution’s 1st transaction in the Insurance sector.
  • This is Resolution’s 4th largest (disclosed) transaction.
  • This is Resolution’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2004-07-01
Target Royal & SunAlliance Life UK
Sector Insurance
Buyer(s) Resolution
Sellers(s) RSA
Deal Type Divestiture
Deal Value 1.5B USD

Target

Royal & SunAlliance Life UK

United Kingdom
Royal & SunAlliance Life UK is a provider of insurance services and products in UK.

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Buyer(S) 1

Buyer

Resolution

London, United Kingdom
Category Company
Founded 2004
Sector Financial Services
Employees40
DESCRIPTION

The Resolution Group is a privately-owned investment firm that has deep experience across financial services with a primary role as a sponsor of life insurance consolidation projects. Partners with public and private market investors. Focuses on risk management, cash flow and consolidation benefits.

DEAL STATS #
Overall 1 of 6
Sector (Insurance) 1 of 6
Type (Divestiture) 1 of 5
Country (United Kingdom) 1 of 6
Year (2004) 1 of 2
Size (of disclosed) 4 of 6
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-01 Swiss Life UK

United Kingdom

Swiss Life UK is a provider of insurance products and services. Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.

Buy $390M

Seller(S) 1

SELLER

RSA

London, United Kingdom
Category Company
Sector Insurance
Employees12,378
Revenue 6.9B GBP (2019)
DESCRIPTION

RSA is a multinational quoted insurance group. RSA has core operations in the UK, Scandinavia, Canada, Ireland, and Latin America, and has the capability to write business in around 140 countries. RSA is focusing on general insurance. RSA is based in London, the United Kingdom.

DEAL STATS #
Overall 12 of 24
Sector (Insurance) 11 of 23
Type (Divestiture) 10 of 21
Country (United Kingdom) 3 of 4
Year (2004) 2 of 3
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-12 Royal & SunAlliance Seguros Fenix

Miraflores, Peru

Royal & SunAlliance Seguros Fenix is a provider of general insurance and reinsurance policies, including life, vehicle, fire, freight, accident, theft, property, and other policies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-16 Royal & Sun Alliance Pakistan

Pakistan

Royal & Sun Alliance Pakistan underwrites a general portfolio of mainly commercial business.

Sell $1M
Mergr

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