Asia-Pacific M&A rebounds in 2018February 12 2019 by InsuranceAsia News Staff
China’s SDIC to sell its 20% stake in Jintai Insurance: report
- May 30
The state-owned investor, which is the second-largest shareholder of the Chengdu-based general insurer, has set a US$7.5m base price for the stake.
Axa Korea in sale talks with Kyobo Life, Kakao Insurance: report
- May 30
Local media reports suggest the life insurer plans to pick up a 51% stake while the digital carrier will buy the remaining stake in the French insurer's Korean arm.
US broking giant Brown & Brown enters Asia with Kentro buy
- May 24
The sixth largest global broker eyes expansion in the region through MGA Nexus and specialty broker Capstone.
RenaissanceRe to buy Validus Re from AIG for US$3bn
- May 23
The transaction includes AlphaCat Managers and Talbot Treaty reinsurance business, but AIG will retain Talbot Underwriting and Western World.
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