Reinsurance News
iA American Holdings
iA Financial Group finalises $170m acquisition of Vericity
1st July 2024
J.C. Flowers & Co. LLC recently announced the successful sale of Vericity to iA American Holdings, a subsidiary of iA Financial Corporation. In October 2023, Vericity entered into a definitive merger agreement with iA American Holdings for an all-cash acquisition valued at approximately $170 million. Under this agreement, iA acquired all ... Read the full article
iA Financial acquiring Vericity in $170m transaction
4th October 2023
Vericity, Inc. has entered into a definitive merger agreement with iA American Holdings, Inc., a subsidiary of iA Financial Corporation, Inc., to be acquired in an all-cash transaction valued at approximately $170 million. Vericity is majority-owned by J.C. Flowers & Co., a private investment firm, who is selling its stake in ... Read the full article
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