Wednesday, September 20, 2017

M&A

Tahoe completes acquisition of Dah Sing Insurance

Tahoe completes acquisition of Dah Sing Insurance

The HK$10.6b transaction sees Paula Wai-Yee Choi become CEO of the Hong Kong insurer.

Read full article

Tokio Marine raises stake in Indian unit

Tokio Marine raises stake in Indian unit

The Japanese insurer now holds 49% in the unit after buying an additional 23% stake for US$392m.

Read full article

Industry fears fall-out from Anbang crisis

Industry fears fall-out from Anbang crisis

There are worries that the crisis at Anbang will lead to a liquidity crunch that could affect the financial industry.

Read full article

Plan to merge three Indian insurers scrapped

Plan to merge three Indian insurers scrapped

Oriental Insurance, National Insurance and United India Insurance have been asked to come up with a new plan.

Read full article

Regulator opposes merger of Indian life firms

Regulator opposes merger of Indian life firms

Irdai has disapproved the proposed merger of Max Life and HDFC Standard Life, based on the structure of the deal.

Read full article

Aviva eyes fintech future with AI acquisitions

Aviva eyes fintech future with AI acquisitions

The British insurer has said that acquisitions related to artificial intelligence and big data are in the pipeline.

Read full article

Fairfax sells stake in Indian JV

Fairfax sells stake in Indian JV

The Canadian company has sold 12.18% of its stake in general insurance firm ICICI Lombard General Insurance.

Read full article

Asian-American group to buy Fidelity for US$1.84bn

Asian-American group to buy Fidelity for US$1.84bn

CF Corp announced it would buy the US annuities and life insurer via an all-cash transaction.

Read full article

Doubts on HDFC Life, Max Life merger unresolved

Doubts on HDFC Life, Max Life merger unresolved

The proposed merger has not received any opinion from the country’s attorney general.

Read full article

Tokio Marine to pare down stake in Malaysia business

Tokio Marine to pare down stake in Malaysia business

The move is part of Bank Negara Malaysia’s ruling for foreign insurers to cut their stake to 70% in local life insurers.

Read full article

Foreign insurers eyeing up Syarikat Takaful Malaysia

Foreign insurers eyeing up Syarikat Takaful Malaysia

A number of foreign insurers have reportedly expressed interest in acquiring the takaful operator.

Read full article

U Mobile, Sun Life ink insurance deal

U Mobile, Sun Life ink insurance deal

The partnership represents the first time any Malaysian telco has offered life insurance to its customers.

Read full article

Insurance M&A scaled back in 2016

Insurance M&A scaled back in 2016

There were signs of retreat across all sectors last year, a new study by investment manager Conning suggests.

Read full article

Anbang-owned Fidea set for relaunch

Anbang-owned Fidea set for relaunch

Acquired by Anbang two years ago, the Belgian insurer is now focusing more on long-term returns.

Read full article

Samsung Fire & Marine buys 20% of Vietnamese insurer

Samsung Fire & Marine buys 20% of Vietnamese insurer

The Korean insurer will buy the stake in PJICO from Vietnam’s largest petrol dealer for US$23.4m.

Read full article

Korea approves Mirae’s acquisition of PCA Life

Korea approves Mirae’s acquisition of PCA Life

After the acquisition Mirae will become the country’s fifth-largest life insurer based on asset size.

Read full article

AIG completes sale of Fuji Life to FWD

AIG completes sale of Fuji Life to FWD

The Japanese insurer will become a wholly owned subsidiary of FWD and will continue to operate under its current name.

Read full article

Allianz and HSBC fail to reach Malaysia deal

Allianz and HSBC fail to reach Malaysia deal

The German insurer’s bid to buy HSBC Amanah Takaful has ended after the camps failed to find agreement.

Read full article

Partner Content

White Papers

Follow InsuranceAsia News

Print Edition

SUMMER 2017

House of cards

From supply chains to cyber, we discuss emerging risks with a roundtable of Singapore risk managers