Life & Health Insurance M&A » By The Online Investor Staff, updated Sat., Aug. 13, 11:20 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #15. Assurant — Field Asset Services
Acquirer:
Assurant (NYSE:AIZ)
Acquiree:
Field Asset Services
Details:
Assurant, Inc. (NYSE:AIZ), a premier provider of specialty insurance and services, has acquired Field Asset Services, significantly increasing its presence in the property preservation, restoration and inspection services business.
Assurant is a holding company. Through its subsidiaries, Co. is a provider of lifestyle and housing solutions. Co. operates in North America, Latin America, Europe and Asia Pacific through three segments: Global Lifestyle, which provides mobile device solutions and extended service products and related services for consumer electronics and appliances; Global Housing, which provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products and voluntary manufactured housing insurance; and Global Preneed, which provides pre-funded funeral insurance, final need insurance and related services.
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Avg. Broker Rec.
 
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Strong Buy (3.50 out of 4) 52nd percentile
(ranked higher than approx. 52% of all stocks covered)
Analysts' Target Price: AIZ Stock Forecast Based on Zacks ABR data; powered by Xignite |
