Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 6:58 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 principally engaged in providing a range of commercial and personal property and casualty insurance products and services. Co. is organized into three reportable business segments: Business Insurance, which provides a range of property and casualty insurance products and 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 Personal Insurance, which writes a range of property and casualty insurance products and services 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 principally engaged in providing a range of commercial and personal property and casualty insurance products and services. Co. is organized into three reportable business segments: Business Insurance, which provides a range of property and casualty insurance products and 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 Personal Insurance, which writes a range of property and casualty insurance products and services covering individuals' personal risks.
Travelers Companies SEC Filing Email Alerts Service
Open the ELF.CA Page at The Online Investor »
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