Industry Segments: M&A Page 1 / 27
-
- October 23
FWD’s CEO hails “exciting” Indonesia purchase
Fast growing Pacific Century-owned insurer expands again in key market.
-
- October 4
Berjaya Sompo looking for acquisition targets
The company, which is 70% owned by Sompo Holdings, is planning to acquire competitors.
-
- October 3
Shin Kong acquires MasterLink Securities
The Taiwanese company has said that it will centre its efforts on the insurance, banking and securities businesses.
-
- September 28
Anbang to sell $200m worth of Japanese assets
The bidders include the previous owners, Blackstone, who sold the portfolio two years ago.
-
- September 28
Zurich to acquire Indonesia’s Adira Insurance
The deal means Zurich will become the largest foreign property-casualty insurer in the country.
-
- September 26
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
-
- September 25
Fitch to downgrade Marsh & McLennan after JLT deal
The rating agency's action reflects an expected increase in near-term debt and financial leverage.
-
- September 21
China Re’s acquisition of Chaucer is credit positive
Moody's says the deal will complement its existing product offerings and increase its geographic diversification.
-
- September 14
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
-
- September 14
Axa completes acquisition of XL Group
The landmark US$15.3bn acquisition first announced in March has finally crossed the finish line.
-
- September 13
Carlyle acquires majority stake in Sedgwick
Carlyle to replace KKR as lead shareholder in US-headquartered claims firm that recently acquired loss adjuster Cunningham Lindsey.
-
- September 10
Tokio Marine eyes stake in Hollard Insurance
The 22.5% shareholding in the Johannesburg-based P&C insurer is expected to cost US$327m.
-
- September 7
Dismantling of Anbang continues
JP Morgan has reportedly secured the mandate to handle the sale of its Dutch unit.
-
- September 7
Anbang looks to sell Dutch insurer Vivat for over US$1.5bn
Two Dutch insurers, Aegon and ASR, have reportedly expressed interest in bidding for the unit.
-
- September 5
Scor confirms rejection of Covea’s takeover approach
Covea withdraws share offer following Scor’s board rejection.
-
- September 5
Dai-ichi Life confirms purchase of Suncorp’s life arm
Japan’s Dai-ichi Life to pay A$640 million (US$460 million) for the Australian life firm.
-
- September 5
Manipal to buy 16% stake in Cigna TTK Health Insurance
The Indian group is looking to buy a stake in in the joint venture from TTK Group for an undisclosed amount.
-
- August 30
FWD to buy HSBC stake in Malaysian insurer
The Hong Kong-based insurer will buy a 49% stake in HSBC Amanah Takaful in Malaysia.
-
- August 29
Aspen bought by Apollo for US$2.6bn
The proposed deal ends uncertainty over Bermuda-headquartered (re)insurer.
-
- August 24
Malaysia eases pressure on foreign insurers
The country’s new central bank governor has said she will adopt a more flexible approach to divestment.
