Gallagher’s Australia arm acquires Mavco InsuranceMay 16 2023 by InsuranceAsia News Staff
Tokio Marine Indonesia’s 2022 COR at 84%: AM Best
- June 9
The credit rating agency has affirmed an A- (excellent) rating with a stable outlook for the Indonesian carrier.
Target Insurance to raise US$680m through its UAE arm Himalayas Insurance
- June 6
The owner of the liquidated Hong Kong taxi insurer is eyeing a resumption of business with its new Middle Eastern venture.
Despite the buzz, Korean insurance M&A slow to take off
- June 6
A consolidated market, low valuations and lack of sizeable targets make dealmaking hard in the north Asian country.
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.
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