Fosun plans US$1bn share sale to fund insurance M&A
May 11 2015 by InsuranceAsia News Staff-
Buyers closing in on PSC, but sluggish UK arm makes for a tricky deal: sources
- March 22
A deal could be announced in a matter of days with Marsh, Ardonagh and Gallagher rumoured to be leading the race.
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Tokio Marine eyes overseas acquisitions with US$10bn war chest: report
- March 21
The insurer has aspirations to grow its business in the commercial insurance sector in North America, Asia, Europe, Australia as well as the Lloyd's market, co-head of international business Chris Williams told Reuters.
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Honan COO Laurence Basell to lead strategy for Marsh Australia and New Zealand
- March 14
Melbourne-based Basell started in his role earlier this month following the completion of the Australian intermediary’s merger with Marsh.
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PSC Insurance confirms buyout talks with strategic partners
- March 13
The company has mandated Goldman Sachs for the sale and has held informal discussions with Gallagher and Ardonagh Group, according to an Australian Financial Review report.