South Korea’s MG Non-Life insurance gets no bidder third time in a row
July 19 2024 by Ji Youn Lee-
Income to benefit from Allianz’s global expertise and potential synergies: Fitch
- July 19
The proposed acquisition is fully in-line with Allianz’s strategic objectives to grow inorganically in property and casualty, the rating agency said.
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Allianz makes US$1.6bn offer for 51% of Singapore’s Income Insurance
- July 17
The offer is subject to the approval of the shareholders of Income Insurance for the amendments to the constitution and the proposed name change.
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AUB targets New Zealand expansion through equity partnership with Northco
- July 16
Northco’s management will retain a significant shareholding "to continue to adopt an entrepreneurial focus for the business".
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Great Eastern privatisation deal falls short of compulsory acquisition threshold
- July 13
Trading in Great Eastern shares will be suspended after OCBC failed to garner enough shares from minority shareholders, putting the take-private bid and the insurer's listing status in a stalemate.