RF&G Insurance Company Limited maintains under review with negative implications status for the acquisition of M&C General Insurance Company Limited
Acquiring Company
RF&G Insurance Company Limited
Acquired Company
M&C General Insurance Company Limited
Belize
New WestminsterFinancial ServicesInsuranceInsuranceDescription
RF&G Insurance Company Limited has maintained the under review with negative implications status for the acquisition of M&C General Insurance Company Limited. This strategic acquisition aims to expand RF&G's reach in the Caribbean market and enhance its overall business. AM Best will continue to monitor the effects of this acquisition and provide updates as conditions warrant.
Quick answer
RF&G Insurance Company Limited is acquiring M&C General Insurance Company Limited, announced April 25, 2024. RF&G Insurance Company Limited is based in Belize.
- How much did RF&G Insurance Company Limited pay for M&C General Insurance Company Limited?
- The deal value was not disclosed.
- What does RF&G Insurance Company Limited do?
- RF&G Insurance Company Limited is the leading property/casualty insurer in Belize, with over 50% of the market share.
- Where are RF&G Insurance Company Limited and M&C General Insurance Company Limited based?
- RF&G Insurance Company Limited is based in Belize. M&C General Insurance Company Limited is based in New Westminster, British Columbia, Canada.
Source: Fundz verified event record.
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Who to call at RF&G Insurance Company Limited, and when
When RF&G Insurance Company Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day RF&G Insurance Company Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RF&G Insurance Company Limited, from your own LinkedIn network
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Frequently asked
Who acquired M&C General Insurance Company Limited?
M&C General Insurance Company Limited was acquired by RF&G Insurance Company Limited, based in Belize. The deal was reported on April 25, 2024. RF&G Insurance Company Limited is the leading property/casualty insurer in Belize, with over 50% of the market share. It is wholly owned by its holding company, G.A. RF&G Insurance Company Limited is privately held and operates in Financial Services.
When did RF&G Insurance Company Limited acquire M&C General Insurance Company Limited?
RF&G Insurance Company Limited's acquisition of M&C General Insurance Company Limited was reported on April 25, 2024. RF&G Insurance Company Limited has maintained the under review with negative implications status for the acquisition of M&C General Insurance Company Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does M&C General Insurance Company Limited do?
M&C General Insurance Company Limited is a company acquired by RF&G Insurance Company Limited as part of its strategic plan to expand its reach in the Caribbean market and enhance its overall business. It is privately held, operating in Insurance, and is based in New Westminster.
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