ÌìÃÀ´«Ã½

TOP TEN GLOBAL INSURANCE-RELATED MERGERS AND ACQUISTIONS ANNOUNCED, 2009

($ millions)

Rank Buyer (country) Target (country) Sector Transaction value
1 Assicurazioni Generali S.p.A. (Italy) Alleanza Assicurazioni S.p.A. (Italy) Life/annuity $5,000
2 Express Scripts, Inc. (U.S.) WellPoint NextRX (U.S.) Services 4,675
3 Sompo Japan Himawari Life Ins. Co. Ltd. (Japan) Nipponkoa Life Ins. Co. Ltd. (Japan) Life/annuity 4,651
4 Towers Perrin Forster & Crosby (U.S.) Watson Wyatt Worldwide, Inc. (U.S.) Services 3,500
5 Resolution PLC (U.K.) Friends Provident (U.K.) Life/annuity 3,100
6 Caisse Nationale des Caisses d'Epargne
and Banque Federale des
Banques Populaires (France)
Holassure (France) Life/annuity 2,486
7 Primus Financial Holdings Ltd. and
China Strategic Holdings Ltd. (Taiwan)
Nan Shan Life Ins. Co. Ltd. (Taiwan) Life/annuity 2,150
8 Zurich Financial Services (Switzerland) 21st Century Ins. Group (U.S.) Property/casualty 1,900
9 Banque Nationale de Paris Paribas Assurance S.A. (France) Fortis Insurance Belgium (Belgium) Property/casualty 1,861
10 Criteria CaixaCorp, S.A. (Spain) Cia de Seguros Adeslas S.A. (Spain) Health/managed care 1,762

Source: Conning Research & Consulting, Inc.