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New Deal


Announced

Completed

Travelers completed the investment in Fidelis Insurance.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Acquisition

Reinsurance

insurance and reinsurance

Bermuda

Cross Border

Single Bidder

Private

Friendly

Completed

Synopsis

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Travelers, an American insurance company, completed the investment in Fidelis Insurance, an insurance and reinsurance company. Financial terms were not disclosed. "Travelers and Fidelis are leaders in their fields, with proven track records in our respective markets. We believe that there will be opportunities to learn from each other and work together,” Hinal Patel, Fideli Group Chief Financial Officer.

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