Top 10 M&A Deals in Insurance Sector

The following list ranks the top 10 M&A deals in the insurance sector: Britain's Prudential said it would buy AIG's Asian life insurance arm for $35.5 billion, in a deal set to make the insurer the undisputed leader in one of the world's fastest-growing financial services markets.

Date -- Target Name -- Acquirer -- Value
1. 03/01/10 -- American International Association (AIA) -- Prudential -- $35 bln
2. 04/03/01 -- American General -- AIG -- $23.39 bln
3. 06/19/98 -- General Re Corp -- Berkshire Hathaway Inc. -- $22.30 bln
4. 04/17/00 -- Allied Zurich PLC -- Zurich Financial Services AG -- $19.39 bln
5. 08/20/98 -- SunAmerica Inc -- AIG -- $18.11 bln
6. 10/13/97 -- BAT Industries PLC-Financial -- Zurich Financial Services AG -- $17.05 bln
7. 11/17/03 -- Travelers Ppty Casualty Corp -- St Paul Cos Inc -- $16.13 bln
8. 10/19/08 -- ING Groep NV -- Netherlands -- $13.41 bln
9. 09/27/01 -- Fortis(NL)NV -- Fortis SA/NV -- $12.46 bln
10. 12/19/01 Travelers Property Casualty -- Shareholders -- $12.21 bln

Source: ThomsonReuters (Compiled by Carl Bagh, Bangalore Editorial Reference Unit; Edited by David Cutler)

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