M&A Deal Summary

RSA Acquires L Union Canadienne Compagnie d Assurances

On June 6, 2012, RSA acquired insurance company L Union Canadienne Compagnie d Assurances from Co-Operators General Insurance for 150M CAD

Acquisition Highlights
  • This is RSA’s 17th transaction in the Insurance sector.
  • This is RSA’s 4th largest (disclosed) transaction.
  • This is RSA’s 4th transaction in Canada.
  • This is RSA’s 3rd transaction in Quebec.

M&A Deal Summary
Date 2012-06-06
Target L Union Canadienne Compagnie d Assurances
Sector Insurance
Buyer(s) RSA
Sellers(s) Co-Operators General Insurance
Deal Type Divestiture
Deal Value 150M CAD

Target

L Union Canadienne Compagnie d Assurances

Sillery,, Quebec, Canada
L'Union Canadienne, Compagnie d'Assurances is a provider of property and casualty insurance for individuals and businesses.

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Buyer(S) 1

Buyer

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 17 of 17
Sector (Insurance) 17 of 17
Type (Divestiture) 1 of 1
State (Quebec) 3 of 3
Country (Canada) 4 of 4
Year (2012) 1 of 1
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-14 Expert Travel Financial Security

Sherbrooke,, Quebec, Canada

Expert Travel Financial Security (E.T.F.S.) Inc., along with its subsidiary, provides travel insurance and health plans.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 AB Lietuvos draudimas

Vilnius, Lithuania

AB Lietuvos draudimas is a provider of compulsory third party motor liability insurance, CASCO insurance, home insurance, accident insurance, and travel insurance.

Sell -

Seller(S) 1

SELLER

Co-Operators General Insurance

Guelph,, Ontario, Canada
Category Company
Sector Insurance
Employees2,382
DESCRIPTION

Co-Operators General Insurance Company is a Canadian owned and operated company with more than $38 billion in assets under administration. Company insure over two million people Canada-wide. Company are active corporate members of our communities, a catalyst for a sustainable society and a true home-grown champion with strong co-operative roots.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 2
State (Quebec) 1 of 2
Country (Canada) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Drost Insurance Brokerage

Bath, New Brunswick, Canada

Drost Insurance Brokerage is a provider of insurance brokerage and advisory services.

Buy -
Mergr

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