Mergers & Acquisitions

MBA Actuaries’ expanding M&A practice focuses on the insurance and financial services industries. We have both the resources and experience to support transactions from $10 million to $1 billion. Over the years, the members of the firm have been involved in over 25 transactions from both the buy and the sell side, with transaction values totaling in excess of $3.5 billion.

MBA Actuaries experience and expertise translates into confidence at the negotiating table. We are proud to offer a full range of M&A support services including:
• Strategic planning
• Target identification and preliminary evaluation
• Buy or sell side valuations (companies, blocks or agencies)
• Brand value calculations
• Financial and strategic due diligence and risk analysis
• Deal structure and negotiations
• Independent pre and post transaction review of commutations, contingent payments and earnouts
• Ongoing post merger support and transition services

Our M&A practice focuses on Property & Casualty, Life and Health insurance practice areas, as well as providing due diligence and valuation support for non-insurance industries. Our team of consultants has broad international experience with projects involving US, Canadian, European, Latin American and Australian clients.

A few sample M&A engagements that members of MBA have participated in include:

• Actuarial valuation of an insurance company joint venture on behalf of one of Mexico’s largest financial groups and its U.S. partner, Aetna International. Successful transaction valued in excess of $550 million USD.

• Due diligence support and valuation of worker’s compensation, auto and general liability reserve levels for a US self insurer in conjunction with a potential sale to a P&C insurance company.

• Actuarial valuation and sale support for successful bancassurance joint venture between a large Mexican bank and a US insurance group. Successful transaction valued in excess of $300 million USD.

• Due diligence support and valuation of workers compensation reserving levels for various target companies on behalf of a large US health insurer.

• Actuarial valuation and support of the sale to a European investor of an equity stake in the insurance arm of one of Colombia’s largest financial groups. Work performed consisted of an appraisal of individual life and annuity operations and a reserve analysis for P&C and group life lines.

• Due diligence support and full appraisal on behalf of MetLife for one of Chile’s leading annuity writers and life insurance companies. Successful transaction valued at $250 million USD.