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  5. XL Catlin Acquires Brooklyn Underwriting Pty

M&A Deal Summary

XL Catlin Acquires Brooklyn Underwriting Pty

On September 16, 2016, XL Catlin acquired insurance company Brooklyn Underwriting Pty

Acquisition Highlights
  • This is XL Catlin’s 1st transaction in the Insurance sector.
  • This is XL Catlin’s 2nd transaction in Australia.

M&A Deal Summary
Date 2016-09-16
Target Brooklyn Underwriting Pty
Sector Insurance
Buyer(s) XL Catlin
Deal Type Add-on Acquisition

Target

Brooklyn Underwriting Pty

Sydney, Australia
Brooklyn Underwriting Pty Ltd. is a specialist underwriting agency provides insurance products are customised market specific solutions that are supported by a specialist underwriting team with recognised experience in SME Property, Casualty, Financial Lines, and Specialty.

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Buyer(S) 1

Buyer

XL Catlin

Scottsdale, Arizona, United States
Category Company
Sector Insurance
DESCRIPTION

XL Catlin is a provider of property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world.

DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Australia M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-16 Brooklyn IT Pty

Sydney, Australia

Brooklyn IT Pty Ltd. is a provider of IT services for insurance industry.

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