Liberty Mutual to Acquire State Auto Group

Chubb to Acquire Liberty Mutual P&C Insurance Businesses in Thailand and Vietnam

March 2, 2025

Insurance

Chubb Limited announced agreements to acquire Liberty Mutual’s property and casualty insurance businesses in Thailand (LMG Insurance) and Vietnam (Liberty Insurance). The deal is expected to close in Q2 2025 for Thailand and late 2025/early 2026 for Vietnam, subject to regulatory approvals and customary closing conditions.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

Mutual of America Acquires Landmark Life Insurance Company

April 26, 2022

Insurance

Mutual of America Financial Group entered into a Stock Purchase Agreement to acquire Landmark Life Insurance Company, a Texas-based life and annuity insurer owned by The Jarvis Family Limited Partnership. The deal (expected to close in Q3 2022 per the announcement) is intended to expand Mutual of America's guaranteed retirement income capabilities and distribution reach beyond New York.

Prosperity Life Group Acquires National Western Life Group in a $1.9 Billion Cash Merger

July 9, 2024

Financial Services

Prosperity Life Group company S. USA Life Insurance Company, Inc. (SUSA) acquired National Western Life Group, Inc. in an all-cash merger valued at approximately $1.9 billion. At closing, each share of National Western common stock was converted into the right to receive $500 in cash, with National Western surviving as a wholly owned subsidiary of SUSA.

DMG Bancshares Inc. to Acquire Liberty Bancorp in All-Cash Merger

February 28, 2022

Financial Services

DMG Bancshares Inc. signed a definitive merger agreement to acquire Liberty Bancorp (Liberty Bank) in an all-cash transaction valued at approximately $31.2 million in base consideration. The deal includes potential additional cash consideration of up to approximately $2.9 million based on certain events and is expected to close in the summer of 2022, subject to approvals.

JAB Insurance Acquires Columbian Mutual Life Insurance Company and Columbian Life Insurance Company (Columbian Financial Group)

November 18, 2025

Insurance

JAB Insurance has signed a purchase agreement to acquire New York-based Columbian Mutual Life Insurance Company and its Illinois-based subsidiary, Columbian Life Insurance Company, collectively known as Columbian Financial Group, as the centerpiece of CML’s proposed Plan of Rehabilitation. The deal will provide new equity capital to help the rehabilitated insurers emerge with policyholder contracts intact, pending court and regulatory approvals.