Industry Segments: M&A Page 43 / 66
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- May 22 2018
India’s top insurers told to boost risk buffers before merger
Irdai has asked the government to offer additional funds or allow the insurers to raise supplementary capital.
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- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
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- May 11 2018
Axa US IPO flops
The spinoff of Axa Equitable fell far short of the company’s expectations.
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- May 9 2018
Australia’s AMP downplays reported China Life talks
The embattled Australian wealth manager has kept silent on reports that it is exploring a deal.
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- May 2 2018
Max Life, Exide Life join bidding fray for IDBI Federal Life
Shareholders will carry out a detailed evaluation of shortlisted bidders over the next couple of weeks.
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- May 2 2018
Private equity firm bids for Royal Sundaram
True North and its global sponsors have made a rumoured US$400m bid for a 40% stake.
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- April 26 2018
India starts merger process of three state insurers
The proposed merger has been set in motion, though the government has yet to lay out a roadmap.
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- April 24 2018
Malaysia’s KWAP set to close insurance acquisition
The retirement fund's chief executive said the fund is currently talking with two foreign insurers.
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- April 20 2018
Malaysia first
Foreign insurers have until the end of June to cut their ownership to 70%, but local buyers are scarce.
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- April 20 2018
Fosun and Gonbao reopen bids for Greece’s national insurer
The deal to buy a major stake in Ethniki Hellenic General Insurance is reportedly valued at US$900m.
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- April 18 2018
JD.com to buy one-third of Allianz China General Insurance
The Chinese e-commerce company will become the second-biggest shareholder in the Allianz unit for US$85m.
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- April 16 2018
Anbang seeks advice on potential divestments
The group is in the process of interviewing investment banks to help it sell off parts of its portfolio.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 11 2018
Asian insurtech M&A surges
The transaction volume of insurtech M&A in Asia hit US$460 million in 2017, more than three times that of 2016.
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- April 10 2018
Indian mortgage lender HDFC to acquire Apollo Munich
India's largest mortgage lender is reportedly in advanced negotiations to pay around US$150m for the joint venture.
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- April 9 2018
India’s public-sector merger put off to next year
The consolidation of United India Insurance, National Insurance and Oriental Insurance has been delayed.
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- April 6 2018
US broker Alliant targets Asia expansion
The move is a consequence of its acquisition of Dumortier Risk Management, which has ties to Taiwan and China.
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- April 6 2018
Swiss Re confirms talks with SoftBank over possible stake sale
It is eyeing a strategic cooperation and a minority investment that is not expected to exceed 10%.
