M&A Deal Summary

The Hartford Financial Services Group Acquires The Navigators Group.

On August 22, 2018, The Hartford Financial Services Group acquired insurance company The Navigators Group. for 2.1B USD

Acquisition Highlights
  • This is The Hartford Financial Services Group’s 4th transaction in the Insurance sector.
  • This is The Hartford Financial Services Group’s largest (disclosed) transaction.
  • This is The Hartford Financial Services Group’s 4th transaction in the United States.
  • This is The Hartford Financial Services Group’s 2nd transaction in Connecticut.

M&A Deal Summary

Date 2018-08-22
Target The Navigators Group.
Sector Insurance
Buyer(s) The Hartford Financial Services Group
Deal Type Add-on Acquisition
Deal Value 2.1B USD

Target

The Navigators Group.

Stamford, Connecticut, United States
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies and operations at Lloyd's. Navigators has offices in the United States, the United Kingdom and Continental Europe, as well as representative offices in China and Brazil. The Navigators Group was founded in 1974 and is based in Stamford, Connecticut.

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Buyer(S) 1

Buyer

The Hartford Financial Services Group

Hartford, Connecticut, United States

Category Company
Founded 1810
Sector Insurance
Employees18,700
Revenue 24.3B USD (2023)
DESCRIPTION

The Hartford Financial Services Group is a provider of property and casualty insurance, group benefits and mutual funds. Hartford Financial is widely recognized for its service excellence, sustainability practices, trust and integrity. The Hartford Financial Services Group was founded in 1810 and is based in Hartford, Connecticut.


DEAL STATS #
Overall 4 of 4
Sector (Insurance) 4 of 4
Type (Add-on Acquisition) 2 of 2
State (Connecticut) 2 of 2
Country (United States) 4 of 4
Year (2018) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-31 Talcott Resolution

Windsor, Connecticut, United States

Talcott Resolution is an insurance company with capabilities including extensive life insurance and annuity product knowledge and rigorous risk and liability management. Talcott's primary blocks of business are variable annuities, fixed annuities, structured settlements, and corporate-owned life insurance. Talcott Resolution is based in Windsor, Connecticut.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Premia Holdings NV

Hamilton, Bermuda

Premia Holdings (Europe) is a provider of customized wholesale and reinsurance solutions with a goal to protect businesses everywhere from the complex risks they face. The company provides America’s leading wholesale brokers with creative solutions that address their most complex and hard-to-place risks. It also offers specialty and niche reinsurance for property and casualty insurers via Navigators Re, global specialty reinsurance business.

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