Aviva Acquires Probitas Holdings (Bermuda) Limited
July 10, 2024
Aviva plc has completed the acquisition of Probitas Holdings (Bermuda) Limited for £249 million, following regulatory approvals. The deal returns Aviva to the Lloyd’s/ specialty insurance market and expands its underwriting capabilities in property, casualty and specialty reinsurance markets.
- Buyers
- Aviva plc
- Targets
- Probitas Holdings (Bermuda) Limited
- Industry
- Insurance
- Location
- Bermuda
- Transaction Type
- Buyout
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