.
MergerLinks Header Logo

Announced

Premia to acquire Navigators from The Hartford.

Financials

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

Tags

Edit

Friendly

Belgium

Acquisition

Majority

Private

Insurance Brokers

Single Bidder

insurance

Pending

Cross Border

Private Equity

Synopsis

Edit

Arch Capital and Kelso-backed Premia, a reinsurance group, agreed to acquire Navigators, which is holding or owning securities of companies other than banks, from The Hartford Financial Services Group, a property and casualty company in the United States. The transaction is subject to typical regulatory approvals. Financial terms were not disclosed. “We are delighted that we have developed a positive solution with The Hartford for ASCO, and we look forward to welcoming ASCO and its staff into the Premia family,” Bill O’Farrell, Premia Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US