M&A Deal Summary

Torus Insurance Holdings Acquires Glacier Insurance AG

On May 4, 2010, Torus Insurance Holdings acquired insurance company Glacier Insurance AG

Acquisition Highlights
  • This is Torus Insurance Holdings’ 1st transaction in the Insurance sector.
  • This is Torus Insurance Holdings’ 1st transaction in Liechtenstein.

M&A Deal Summary

Date 2010-05-04
Target Glacier Insurance AG
Sector Insurance
Buyer(s) Torus Insurance Holdings
Deal Type Add-on Acquisition

Target

Glacier Insurance AG

Schaan, Liechtenstein
Glacier Insurance AG is a provider of property and casualty insurance solutions.

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Buyer(S) 1

Buyer

Torus Insurance Holdings

Hamilton, Bermuda

Category Company
Founded 2007
Sector Insurance
DESCRIPTION

Torus Insurance offers a diversified and growing range of property, casualty and specialty insurance products, as well as reinsurance, to a global client base through its Bermuda, UK, and US based insurance subsidiaries.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Liechtenstein M&A 1 of 1
Year: 2010 M&A 1 of 1