Industry Segments: M&A Page 45 / 66
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- February 19 2018
China’s Rongfeng asked to justify plan to buy stake in Greek insurer
Doubts emerge it may not have the capacity to engage in the deal with Ethniki Hellenic General Insurance
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- February 15 2018
Peak Re says goodbye to IFC
Prudential Financial has acquired IFC's shareholding as the business outgrows its original emerging-market remit.
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- February 15 2018
Bank Danamon considers selling stake in insurance subsidiary
The Indonesian bank's insurance subsidiary is attracting interest from foreign investors.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 9 2018
Open for business?
Chinese acquirers are watching Oceanwide’s revived attempt to buy US insurer Genworth with interest.
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- February 9 2018
SoftBank eyes buying stake in Swiss Re
Chief executive Msayashi Son is following Warren Buffett in using reinsurance cash flows to buttress his group.
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- February 8 2018
Manulife to sell US assets, scrap John Hancock IPO
The Canadian insurer is said to be re-considering options after a strategic review of its US operations.
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- February 8 2018
Genworth, China Oceanwide refile acquisition plan
The company is seeking financing as it aims to address maturing debt of about US$600 million.
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- February 6 2018
Great Eastern may sell minority stake in Malaysian unit
Malaysia’s largest pension fund, Employees Provident Fund, is reportedly in talks to buy the US$1bn stake.
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- February 5 2018
Allianz to acquire Sri Lanka’s Janashakthi Insurance
The German insurer will have a market share of approximately 20% after the US$107m acquisition.
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- February 5 2018
India unveils three-way merger of state-owned insurers
National Insurance, United India Insurance and Oriental Insurance are set to merge to form a single entity.
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- January 30 2018
Japan’s Rakuten to acquire Asahi Fire & Marine Insurance
The e-commerce group has confirmed that it is considering buying the insurer from Nomura.
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- January 30 2018
M&A activity among Hong Kong insurers to remain robust
M&A involving insurers in the city hit US$2.84bn in 2017 and growth is expected to continue this year.
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- January 29 2018
Nippon Life eyes more acquisitions
The company's new president says the strategy is driven by Japan’s shrinking population and low interest rates.
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- January 29 2018
SoftBank eyes backing Indian insurance startup
PolicyBazaar, an online insurance aggregator, was valued at US$500m during its last funding round.
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- January 24 2018
AIG buys Bermuda-based reinsurer Validus
The insurer is emerging from its long period of retrenchment and returning to expansion under its new chief executive.
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- January 24 2018
Prudential sells Vietnam consumer finance unit to Shinhan
A subsidiary of the Korean financial group has agreed to pay US$151m for Prudential Vietnam Finance.
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- January 24 2018
MetLife mulls sale of Hong Kong unit
The New York-based insurer is following in the footsteps of global counterparts Axa and MassMutual in exiting the city.
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- January 19 2018
Honan Insurance gets MAS nod to acquire NGA Benefits
The Australian-owned insurance broking company said the acquisition is part of its continuing investment in South-East Asia.
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- January 16 2018
Ergo, Manulife in talks to buy stake in IndiaFirst Life
The potential buyers are eyeing the stake owned by the UK’s Legal & General Group, which is up for sale.