M&A Deal Summary

Selective Insurance Group Acquires Montpelier U.S. Insurance Company

On September 20, 2011, Selective Insurance Group acquired insurance company Montpelier U.S. Insurance Company from Montpelier Re U.S. Holdings

Acquisition Highlights
  • This is Selective Insurance Group’s 1st transaction in the Insurance sector.
  • This is Selective Insurance Group’s 1st transaction in the United States.

M&A Deal Summary

Date 2011-09-20
Target Montpelier U.S. Insurance Company
Sector Insurance
Buyer(s) Selective Insurance Group
Sellers(s) Montpelier Re U.S. Holdings
Deal Type Divestiture

Target

Montpelier U.S. Insurance Company

United States
Montpelier U.S. Insurance Company provides insurance services in US.

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Buyer(S) 1

Buyer

Selective Insurance Group

Branchville, New Jersey, United States

Category Company
Founded 1926
Sector Insurance
Employees2,800
Revenue 4.9B USD (2024)
DESCRIPTION

Selective Insurance Group is a provider of property and casualty insurance services. Selective Insurance Group was founded in 1926 and is based in Branchville, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-05 CHN Solutions

Hamilton,, New Jersey, United States

CHN Solutions is a provider of URAC-Accredited preferred provider organization (PPO) and managed care programs.

Sell $16M

Seller(S) 1

SELLER

Montpelier Re U.S. Holdings

United States

Category Company
Sector Insurance
DESCRIPTION

Montpelier Re U.S. Holdings Ltd., a wholly-owned subsidiary of Montpelier Re Holdings Ltd. ("Montpelier Re" NYSE: MRH). provides insurances services in US.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1