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New Deal


Announced

Completed

Haven Holdings acquired Time Insurance Company from Assurant

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

long-term care insurance

Completed

life insurance

Private

Friendly

health insurance

United States

Life Insurance

Single Bidder

Synopsis

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Haven Holdings Inc. closed the acquisition of 100% of the issued and outstanding shares of capital stock of Time Insurance Company, an insurance company organized under the laws of the State of Wisconsin, from Interfinancial Inc., a wholly-owned subsidiary of Assurant, Inc. Immediately following the closing, Time Insurance Company redomesticated to the Commonwealth of Puerto Rico and has changed its name to Time Insurance Company II. Financial terms were not disclosed.

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