M&A Deal Summary |
|
|---|---|
| Date | 2014-10-08 |
| Target | Apollo Investments |
| Sector | Insurance |
| Buyer(s) | Swiss Reinsurance |
| Sellers(s) | LeapFrog Investments |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1863 |
| Sector | Insurance |
| Employees | 11,622 |
Swiss Reinsurance Company Ltd, generally known as Swiss Re, is a Swiss reinsurance company. It is the world’s second-largest reinsurer, after having acquired GE Insurance Solutions.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector (Insurance) | 4 of 5 |
| Type (Add-on Acquisition) | 4 of 5 |
| Country (Kenya) | 1 of 1 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-25 |
Swiss Reinsurance - CyberComp Business
Zurich, Switzerland Swiss Reinsurance Co. Ltd. - CyberComp Business the workers' compensation business emerged in less than a decade as one of the leaders in internet-based mono-line workers' compensation. Utilizing a fully digitalized platform, CyberComp allows agents to enter data, get quotes and issue policies in a matter of minutes. Serving the workers' compensation needs of small to medium-sized employers in 26 States, CyberComp distributes through a network of 13 regional wholesale agencies and over 600 retail Agents. In the 12 month period ending June 30, 2009, net written premium totaled approximately $100 million. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-21 |
Aurora National Life Assurance
Valencia, California, United States Aurora National Life Assurance Company services a wide variety of individual and group life insurance and annuity products, including single and annual premium whole life, term life, deferred and immediate annuities, and qualified retirement annuities. |
Sell | - |
LeapFrog Investments is a private equity firm focused on opportunities across Asia and Africa. The Firm looks to invest $10 to $50 million per transaction to fund high-growth, financial services and healthcare businesses operating in fast growing markets. LeapFrog is an active investor and looks to support portfolio companies with operations, sales, human resources, and other core business functions. LeapFrog Investments was formed in 2007 and is headquartered in Ebene, Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 8 |
| Sector (Insurance) | 2 of 5 |
| Type (Add-on Acquisition) | 2 of 2 |
| Country (Kenya) | 1 of 2 |
| Year (2014) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-31 |
Northern Arc
Chennai, India Northern Arc is a non-banking finance corporation providing the crucial link between debt capital markets and high quality Originators who reach out to the emerging consumers and business owners. Using its deep experience, unrivalled data processing skills, proven and proprietary risk management processes. Northern Arc was founded in 2008 and is based in Chennai, India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-20 |
Resolution Insurance
Nairobi, Kenya Resolution is a general insurer with operations in Kenya, East Africa’s biggest economy, and in neighboring Tanzania as well as a partnership in the Ugandan market. Resolution Insurance was founded in 2002 and is based in Nairobi, Kenya. |
Buy | $19M |
