Add-on Acquisition • Insurance

W. R. Berkley Acquires American Mining Insurance Co.

On September 4, 2007, W. R. Berkley acquired insurance company American Mining Insurance Co.

Acquisition Context
  • This is W. R. Berkley’s 5th transaction in the Insurance sector.
  • This is W. R. Berkley’s 5th transaction in the United States.
  • This is W. R. Berkley’s 1st transaction in Alabama.

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M&A Deal Summary

Date September 4, 2007
Target American Mining Insurance Co.
Sector Insurance
Buyer(s) W. R. Berkley
Deal Type Add-on Acquisition

Target Company

American Mining Insurance Co.

Birmingham, Alabama, United States
American Mining Insurance Co., Inc. is specialized in providing insurance protection to the mining industry.
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Buyer Overview 1

Buyer

W. R. Berkley

Greenwich, Connecticut, United States

Category Company
Founded 1967
Sector Insurance
Employees8,606
Revenue 13.7B USD (2024)
DESCRIPTION

W. R. Berkley is an operator of financial services company focused on commercial lines writers in the United States and operates worldwide in two segments of the property-casualty insurance business: Insurance and Reinsurance & Monoline Excess. W. R. Berkley was founded in 1967 and is based in Greenwich, Connecticut.


Deal Context for Buyer #
Overall 5 of 5
Sector: Insurance 5 of 5
Type: Add-on Acquisition 3 of 3
State: Alabama 1 of 1
Country: United States 5 of 5
Year: 2007 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-01 Garnet Captive Insurance Services

San Francisco, California, United States

Garnet Captive Insurance Services LLC provides alternative risk consulting and brokerage services, including captive insurance program services, primarily for workers' compensation customers.

Buy -