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Insurance Brokers M&A image Insurance Brokers M&A » By The Online Investor Staff, updated Sun., Apr. 28, 6:11 PM Recent mergers and acquisitions in the Insurance Brokers M&A category.

Slide #93. ACE Limited Fianzas Monterrey

Acquirer: ACE Limited (ACE)
Acquiree: Fianzas Monterrey
Details: ACE Limited (NYSE:ACE) announced today that it has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $293 million in cash.

ACE is a holding company. Through its subsidiaries, Co. is an insurance and reinsurance organization. Co. provides commercial insurance products and service offerings such as risk management programs, loss control and engineering and claims management. Co. provides insurance products ranging from Directors & Officers and professional liability to several specialty-casualty and umbrella and excess casualty lines. Co. also provides personal lines insurance coverage including homeowners, umbrella liability and recreational marine products. Co.'s segments are: Insurance - North American P&C, Insurance - North American Agriculture, Insurance - Overseas General, Global Reinsurance, and Life.

Open the ACE Page at The Online Investor »

Company Name:  ACE Ltd
Stock buyback:  ACE buyback
Website:  www.acegroup.com
Sector:  Insurance Brokers
 

Open the ACE Page at The Online Investor (in a new window) »

April 28, 2024    6:11 PM Eastern
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Buy (3.43 out of 4)
100th percentile
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