M&A Deal Summary |
|
|---|---|
| Date | 2010-10-11 |
| Target | Compagnie Libanaise D Assurances SAL |
| Sector | Insurance |
| Buyer(s) | Zurich Insurance |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1872 |
| Sector | Insurance |
| Employees | 60,000 |
| Revenue | 70.0B USD (2023) |
Zurich Insurance 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. The Company was formed in 1872 and is based in Zurich, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 10 |
| Sector (Insurance) | 2 of 5 |
| Type (Add-on Acquisition) | 2 of 7 |
| Country (Lebanon) | 1 of 1 |
| Year (2010) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-07 |
PT Mayapada Life
Jakarta, Indonesia PT Mayapada Life is a Indonesian life insurer focused on the distribution of group and individual life and health plans. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-20 |
Malaysian Assurance Alliance Berhad
Kuala Lumpur, Malaysia Zurich Insurance Malaysia Berhad underwrites life insurance and general insurance products in Malaysia. |
Buy | $115M |
