Knighthead Insurance Group Acquires Merit Life Insurance Co.
January 14, 2025
Knighthead Insurance Group has acquired Merit Life Insurance Co., rebranding the business as Knighthead Life and launching U.S. operations focused on annuities and retirement solutions. The acquisition supports Knighthead's strategic expansion into the United States and the rollout of multi-year guaranteed annuity (MYGA) products backed by an AM Best A- rating.
- Buyers
- Knighthead Insurance Group
- Targets
- Merit Life Insurance Co.
- Sellers
- Brickell Insurance Holdings LLC
- Industry
- Insurance
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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