M&A Deal Summary

Zurich Acquires Malaysian Assurance Alliance Berhad

On June 20, 2011, Zurich acquired insurance company Malaysian Assurance Alliance Berhad for 115M USD

Acquisition Highlights
  • This is Zurich’s 3rd transaction in the Insurance sector.
  • This is Zurich’s 3rd largest (disclosed) transaction.
  • This is Zurich’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2011-06-20
Target Malaysian Assurance Alliance Berhad
Sector Insurance
Buyer(s) Zurich
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Malaysian Assurance Alliance Berhad

Kuala Lumpur, Malaysia
Zurich Insurance Malaysia Berhad underwrites life insurance and general insurance products in Malaysia.

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Buyer(S) 1

Buyer

Zurich

Zurich, Switzerland

Category Company
Founded 1872
Sector Insurance
Employees60,000
Revenue 77.7B USD (2024)
DESCRIPTION
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.

Zurich is a multi-line insurer that serves its customers in global and local markets. Zurich provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. Zurich was formed in 1872 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 4 of 11
Sector: Insurance M&A 3 of 6
Type: Add-on Acquisition M&A Deals 3 of 8
Country: Malaysia M&A 1 of 1
Year: 2011 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-11 Compagnie Libanaise D Assurances SAL

Beirut, Lebanon

Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman. Company offers individual and group life insurance solutions to customers in Lebanon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-18 Rural Community Insurance Services

Anoka, Minnesota, United States

Rural Community Insurance Services is a provider of agricultural insurance.

Buy $1.1B