M&A Deal Summary

Vienna Insurance Group Acquires AXA Life Insurance S.A.

On August 4, 2016, Vienna Insurance Group acquired insurance company AXA Life Insurance S.A. from AXA

Acquisition Highlights
  • This is Vienna Insurance Group’s 6th transaction in the Insurance sector.
  • This is Vienna Insurance Group’s 1st transaction in Romania.

M&A Deal Summary
Date 2016-08-04
Target AXA Life Insurance S.A.
Sector Insurance
Buyer(s) Vienna Insurance Group
Sellers(s) AXA
Deal Type Divestiture

Target

AXA Life Insurance S.A.

București, Romania
AXA Life Insurance S.A. is a provider of life insurance services. Company provides commercial insurance for small and medium-sized enterprises; and automobile insurance, motorcycle insurance, and pet insurance.

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Buyer(S) 1

Buyer

Vienna Insurance Group

Vienna, Austria
Category Company
Founded 1824
Sector Insurance
Employees30,130
Revenue 11.6B EUR (2023)
DESCRIPTION

Vienna Insurance Group is well established in all lines of business and thus offers a comprehensive customer-oriented portfolio of products and services with around 50 Group companies and around 25,000 employees in 25 countries. Vienna Insurance Group was incorporated in 1824 and is headquarters in Vienna, Austria.

DEAL STATS #
Overall 7 of 11
Sector (Insurance) 6 of 10
Type (Divestiture) 3 of 4
Country (Romania) 1 of 1
Year (2016) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-07 AXA Nezivotno Osiguranje a.d.o.

New Belgrade, Serbia

AXA Nezivotno Osiguranje a.d.o. is a provider of non life insurance products and services. The company was incorporated in 2011 and is based in New Belgrade, Serbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-24 BTA Baltic Insurance Company AAS

Riga, Latvia

BTA Baltic is the second-largest insurer on the non-life market in Latvia and also ranks second on the non-life market in Lithuania; in Estonia it is number 7 on the non-life market.

Buy -

Seller(S) 1

SELLER

AXA

Paris, France
Category Company
Founded 1852
Sector Insurance
Employees94,705
Revenue 93.1B EUR (2022)
DESCRIPTION

AXA is a provider of financial protection and asset management services primarily in western Europe, North America, the Asia Pacific region, the Middle East, and Africa. The Company offers a range of life and savings products, including individual and group savings retirement products, life and health products. Property & Casualty segment includes a range of products, including motor, property and general liability insurance for both personal and commercial customers. AXA was founded in 1852 and is based in Paris, France.

DEAL STATS #
Overall 10 of 15
Sector (Insurance) 9 of 13
Type (Divestiture) 9 of 14
Country (Romania) 1 of 1
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-07 AXA Nezivotno Osiguranje a.d.o.

New Belgrade, Serbia

AXA Nezivotno Osiguranje a.d.o. is a provider of non life insurance products and services. The company was incorporated in 2011 and is based in New Belgrade, Serbia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-14 Bluefin Insurance Group

London, United Kingdom

Bluefin Insurance Group Ltd. is an insurance broker provides services to private individuals, small businesses, and large corporates in the UK, employing approximately 1,500 colleagues based in 45 locations.

Sell -
Mergr

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