The challenge
The insurance market is saturated; growth is almost exclusively via acquisitions. Therefore, when one of the world’s largest insurers has the opportunity to take over a huge insurance portfolio, you assemble the best expert team to determine a razor-sharp takeover bid. A team consisting of investment bankers, lawyers and an actuarial firm with in-depth knowledge of the insurance world to conduct the actuarial due diligence. Actuaries who can tell you exactly what skeletons are in the cupboard and which portfolios have more to offer. We were proud that the insurer put this actuarial challenge to our specialists.
Our approach
It was up to us to review the actuarial information and perform the valuation. Our extensive experience in M&A processes allowed us to quickly structure the process, know what expertise was needed and ask the right questions. Thus, we managed to carry out a complete analysis in a short time using the model we drew up for this case. Because we know how important good communication is in these kinds of processes, we constantly exchanged information with all those involved. In this way, we increased the speed and quality of the result.
This is how we took the insurer further
As an expert team, we delivered a well-researched valuation report well within the set deadline, which served as the basis for a takeover bid. In this report, we translated our detailed actuarial findings into clear strategic advice. This advice gave the board the right tools to make a proper assessment. And was thus the basis for a no-go.
