Life & Health Insurance M&A » By The Online Investor Staff, updated Sat., Aug. 13, 11:06 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #24. The Travelers Companies, Inc. — The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited
Acquirer:
The Travelers Companies, Inc. (TRV)
Acquiree:
The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (ELF.CA)
Details:
The Travelers Companies, Inc. (NYSE:TRV) today announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX:ELF.CA) for approximately $1.1 billion in cash, subject to adjustment. The Dominion and Travelers' Canadian operations will be integrated and the combined organization will remain headquartered in Toronto.
Travelers Companies is a holding company. Through its subsidiaries, Co. is engaged in providing commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. Co.'s segments include: Business Insurance, which provides property and casualty insurance and insurance-related services; Bond and Specialty Insurance, which provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services, and certain specialty insurance products; and Personal Insurance, which writes property and casualty insurance covering individuals' personal risks.
Travelers Companies SEC Filing Email Alerts Service
Open the TRV Page at The Online Investor »
Travelers Companies is a holding company. Through its subsidiaries, Co. is engaged in providing commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. Co.'s segments include: Business Insurance, which provides property and casualty insurance and insurance-related services; Bond and Specialty Insurance, which provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services, and certain specialty insurance products; and Personal Insurance, which writes property and casualty insurance covering individuals' personal risks.
Travelers Companies SEC Filing Email Alerts Service
Open the ELF.CA Page at The Online Investor »
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