M&A Deal Summary

Starr Acquires Aspen Insurance Holdings - Aviation Business

On August 7, 2018, Starr acquired insurance company Aspen Insurance Holdings - Aviation Business from Aspen Insurance Holdings

Acquisition Highlights
  • This is Starr’s 2nd transaction in the Insurance sector.
  • This is Starr’s 1st transaction in Bermuda.

M&A Deal Summary

Date 2018-08-07
Target Aspen Insurance Holdings - Aviation Business
Sector Insurance
Buyer(s) Starr
Sellers(s) Aspen Insurance Holdings
Deal Type Divestiture

Target

Aspen Insurance Holdings - Aviation Business

Hamilton, Bermuda
Aspen Insurance Holdings Ltd. - Aviation Business is a provider of insurance services to aviation industry.

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Buyer(S) 1

Buyer

Starr

New York, New York, United States

Category Company
Founded 1919
Sector Insurance
DESCRIPTION

Starr Companies, through its subsidiaries, offers insurance services.


DEAL STATS #
Overall 2 of 2
Sector (Insurance) 2 of 2
Type (Divestiture) 2 of 2
Country (Bermuda) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Wright USA

Wilmington, Delaware, United States

Wright USA is a provider of insurance plans specifically tailored to meet the unique needs of federal employees and their families.

Buy -

Seller(S) 1

SELLER

Aspen Insurance Holdings

Hamilton, Bermuda

Category Company
Founded 2002
Sector Insurance
Employees945
Revenue 2.8B USD (2015)
DESCRIPTION

Aspen Insurance Holdings is a provider of reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Ireland, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States. Aspen Insurance Holdings was founded in 2002 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 2
Country (Bermuda) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 AgriLogic Insurance Services

Overland Park, Kansas, United States

AgriLogic Insurance Services LLC is a provide of insurance services to agriculture sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-16 Amynta Surety Solutions

Glastonbury, Connecticut, United States

Amynta Surety Solutions offers unparalleled underwriting expertise across the commercial surety market. The company focuses on the Fortune 1000 market, large private account business, and specialty market niches where risk selection and loss mitigation are critical. Amynta Surety Solutions was formed in 2011 and is headquartered in Glastonbury, CT.

Sell -