Our Track Record

Financial Strength

Our parent company – Sirius International Insurance Group – has the capital strength necessary to succeed in this business and are internationally known leaders in the industry with a history of successfully completing many insurance and reinsurance company acquisitions.

 

Prior Acquisitions

Since our formation in 2001 Sirius Global Solutions has closed thirteen acquisitions involving sixteen companies:

C-F Insurance Company (2001)
A California domiciled runoff insurance company purchased from the California Farm Bureau Federation and Conservation & Liquidation Office of the California Insurance Department.
Imperial Casualty and Indemnity Company (2002)
A Nebraska domiciled runoff insurance company purchased from British Petroleum Company North America.
Sierra Insurance Group Companies (2004)
Four workers' compensation companies purchased from Nevada based Sierra Health Services, Inc.
Tryg-Baltica Forsikring International (2004)
A Danish reinsurance company purchased from Tryg Vesta Group of Denmark.
Mutual Service Casualty Insurance Company (2006)
A Minnesota domiciled mutual insurer which we converted to a stock company and then purchased. After closing we renamed Mutual Service Casualty Insurance Company to Stockbridge Insurance Company.
Central National Insurance Company of Omaha (2010)
A Nebraska domiciled runoff insurance company purchased from Drum Financial Corporation.
Old Lyme Insurance Company, Ltd. (2011)
A Bermuda run-off reinsurance portfolio acquired from Old Lyme Insurance Company.
American General Indemnity Company (2012)
An Illinois domiciled insurance company purchased from American General Assurance Company.
American General Property Insurance Company (2012)
A Tennessee domiciled insurance company purchased from American General Life and Accident Insurance Company.
Citation Insurance Company (2012)
A California domiciled insurance company purchased from PICO Holdings Inc.
Physicians Insurance Company of Ohio (2012)
An Ohio domiciled insurance company purchased from PICO Investment Corporation.
American Fuji Fire and Marine Insurance Company (2013)
An Illinois domiciled insurance company purchased from American International Group Inc.
Empire Insurance Company (2013)
A New York domiciled insurer purchased from Leucadia National Corporation.

 

We have also sold six statutory risk bearing companies we had previously acquired:

 

Imperial Casualty and Indemnity (2003)
A Nebraska domiciled company licensed in 41 states and the District of Columbia was sold to a Texas based investment group.
California Indemnity Insurance Company (2005)
A California domiciled company licensed in 29 states and the District of Columbia was sold to a Texas based investment group.
Stockbridge Insurance Company (2007)
A Minnesota domiciled company licensed in 46 states and the District of Columbia was sold to a Bermuda based insurance group.
Commercial Casualty Insurance Company (2008)
A California domiciled company licensed in 34 states and the District of Columbia.
Citation Insurance Company (2014)
A California domiciled insurance company licensed in nine states to an Arizona domiciled insurance group.
Woodridge Insurance Company (2015)
An Illinois domiciled insurance company licensed in 45 states and the District of Columbia.