Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:14 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. supports, protects and connects consumer purchases. Co.'s segments are: Global Lifestyle, which provides mobile device solutions, extended service products and related services for consumer electronics and appliances, and credit and other insurance products, and vehicle protection, leased and financed solutions and other related services; and 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, voluntary homeowners insurance and other specialty products.
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Avg. Broker Rec.
 
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Strong Buy (3.50 out of 4) 58th percentile
(ranked higher than approx. 58% of all stocks covered)
Analysts' Target Price: AIZ Stock Forecast Based on Zacks ABR data; powered by Xignite |
