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You are here: Home / News / Farmers Group in Talks to Acquire MetLife’s U.S. Property-Casualty Business

Farmers Group in Talks to Acquire MetLife’s U.S. Property-Casualty Business

November 23, 2020 By CollisionWeek Editor

Zurich confirms reports its U.S. subsidiary is exploring acquisition of 16th largest auto insurer in the U.S.

Zurich Insurance Group announced its U.S.-based subsidiary Farmers Group, Inc. is in talks with Metlife over a possible acquisition of MetLife’s U.S. property and casualty insurance business. The announcement came after reports regarding a potential transaction with MetLife emerged in the press.

Farmers and MetLife Discuss Acquisition

According to the statement, “Zurich confirms it is in discussions to acquire MetLife’s U.S. P&C business. Zurich subsidiary, Farmers Group, Inc., is proposing to acquire the business in conjunction with the Farmers Exchanges.”

“The terms of any transaction are subject to

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Filed Under: News Tagged With: Acquisitions, Farmers Insurance, MetLife Insurance, Zurich Insurance Group

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