AIG completes the acquisition of Laya Healthcare
26 January 2022
Goodbody was appointed to manage the sale of Laya Healthcare to insurance giant AIG.
April 1 2015
Laya Healthcare developed from the first health insurer established to compete with the former state monopoly provider. Following a number of ownership changes, it was the subject of a management buyout in 2012, when Ireland was suffering from a deep recession. As the company was reshaped and the economy normalised, it became apparent that there was interest from international companies in the sector. AIG took over Laya Healthcare for €80 million.