Industry Segments: M&A Page 23 / 65
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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.
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- February 18 2021
ACCC signals concerns over Aon/WTW merger
Antitrust watchdog flags cyber, marine and construction lines as well as reinsurance broking.
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- February 12 2021
Allianz China Life deal to kick off APAC deal frenzy
As we enter the Year of the Ox, the M&A bulls are set to keep running.
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- February 9 2021
Antares’s China exit signals run-off opportunity
Sale of legacy businesses could take off in post-Covid environment.
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- February 8 2021
Aon’s reinsurance line grows as WTW reviews proceed
Willis Re divesture has been floated as a possible remedy to assuage antitrust enforcers.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 2 2021
AIA, China Strategic submit binding bids for BEA Life: report
The sale is expected to raise US$500-600m for the Hong Kong-listed lender.
