| Top 10 Global Insurance-Related Mergers And Acquisitions Announced, 2021 (1) |
($ millions)
|
| Rank |
Buyer (country) |
Target (country) |
Sector |
Transaction value |
| 1 |
Apollo Global Management (U.S.) |
Athene Holding (Bermuda) |
Life insurance |
$11,047 |
| 2 |
Hapvida Participacoes e Investimentos S.A. (Brazil) |
Notre Dame Intermedica Participacoes S.A. (Brazil) |
Health insurance |
9,040 |
| 3 |
Covea (France) |
PartnerRe (Bermuda) |
P&C reinsurance |
9,000 |
| 4 |
Optum (U.S.) |
Change Healthcare (U.S.) |
Healthcare vertical |
7,840 |
| 5 |
Stone Point Capital/Insight Partners (U.S.) |
CoreLogic (U.S.) |
Insurance services |
5,890 |
| 6 |
Chubb (Switzerland) |
Cigna (Asia-Pacific business) (U.S.) |
Health & Life insurance |
5,750 |
| 7 |
Humana (U.S.) |
Kindred at Home (U.S.) |
Healthcare vertical |
5,700 |
| 8 |
Brookfield Asset Management (Canada) |
American National (U.S.) |
Multiline insurer |
5,100 |
| 9 |
Reinvent Technologies Partner Z (SPAC) (U.S.) |
Hippo Enterprises (U.S.) |
Insurance distribution |
5,100 |
| 10 |
Arthur J. Gallagher (U.S.) |
Wills Re (U.S.) |
Insurance distribution |
4,000 |
Source: ©2022 Conning, Inc., Global Mergers & Acquisitons in the Insurance Industry, 2021 Insurer Edition. Used with permission. |
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