Industry Segments: M&A Page 19 / 62
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- April 27 2021
NZ’s Rothbury expands with acquisition of TSI Brokers
Country's third largest broker adds three locations through buying another Steadfast member.
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- April 21 2021
Nova Insurance eyes expansion after FSE seals acquisition
General manager Patrick Chan tells IAN it will consider M&A opportunities and team hires.
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- April 20 2021
Steadfast takes majority stake in global broker network
UnisonSteadfast has members in Asia and controls over US$30bn of GWP.
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- April 15 2021
Generali in talks to buy Axa’s Malaysia P&C assets: report
The Italian insurer is understood to be targeting the French insurer's stake in Axa Affin GI.
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- April 13 2021
Aon/WTW: aerospace, cyber assets offered to secure EU approval–report
The EU competition authority has a provisional July deadline to make a decision.
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- April 12 2021
Aon/WTW: Singapore regulator seeks public feedback
CCCS issues April 16 deadline as Aon acknowledges some overlaps in filing.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 7 2021
Mitsui Sumitomo eyes US$4.5bn M&A splurge: report
The Japanese giant is looking overseas amid a “difficult earnings environment” in its home market.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- March 30 2021
The growth of W&I insurance in Asia
Despite Covid-19, the M&A market managed to rebound by the latter half of 2020.
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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 19 2021
Chubb makes US$23bn bid for The Hartford
In January, the US insurer brought in Philip Chan, the former Greater China head at Axa XL, to lead its Asia operations.
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- March 15 2021
CBA general insurance sale heats up with Tokio Marine entry: report
A CommInsure sale could generate US$730m as April bid deadline looms.
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- March 10 2021
Korea’s Shinhan raising funds for potential P&C buy: report
The country's general insurance market has also drawn interest from leading digital platforms like Kakao and Naver.
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- March 9 2021
TAL Dai-ichi Life hires bankers for Westpac Life buy: report
The insurer has reportedly hired Bank of America Merrill Lynch to advise on a potential deal.
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- March 9 2021
Nova Insurance to join HK-listed FSE Services Group
GM Patrick Chan told IAN the broker will have more resources to expand once the deal is completed.
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- March 5 2021
PSC eyes acquisition spree following UK, HK deals
MD Tony Robinson tells IAN the firm has also merged a trio of Hong Kong purchases.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- February 25 2021
Australia brokers’ strong results belie Aon/WTW concerns
AUB, Steadfast and PSC all announced eye-catching results.
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- February 22 2021
Tower acquires ANZ portfolio for US$10m
The deal will add around US$30m in GWP to the Kiwi P&C player.
