Industry Segments: M&A Page 46 / 66
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
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- December 22 2017
Three insurers in bidding to buy India’s Star Health
ICICI Lombard, HDFC Ergo and Bajaj Allianz have joined the race to buy India's biggest standalone health insurer.
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- December 15 2017
Malaysia’s AmBank eyes sale of insurance unit
The lender is aiming to offload some of its non-core businesses and focus on its primary operations.
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- December 13 2017
Zurich agrees to buy ANZ life insurance arm for US$2.1bn
The Swiss insurer will become the biggest insurance company in the country after the deal.
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- December 12 2017
ANZ nears final stage of sale of life insurance unit
A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 11 2017
NTUC Income taps Fullerton to manage US$23bn in assets
The partnership is seen to create more opportunities to explore innovative investment products.
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- December 5 2017
Steadfast to buy Whitbread Insurance for US$72m
Australia's biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.
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- December 4 2017
CVS Health moves closer to Aetna purchase
Talks regarding the US$66bn deal are reportedly at an advanced stage and could be concluded today.
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- November 29 2017
Hong Kong insurers attract buyers seeking M&A-driven growth
US and European insurers look to Asia amid low growth and even lower interest rates, according to new research.
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- November 27 2017
Dozen bidders eye purchase of Star Health
Financial and strategic investors have joined the fray to buy the Chennai-based insurer from its private equity owners.
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- November 24 2017
Targeting Asian growth
International insurers are looking to under-invested emerging Asian markets as a solution to their problems at home.
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- November 22 2017
Zhongtian Financial to pay US$4.7bn for stake in Huaxia Life
It will buy the stakes from Beijing Qianxi Shihao Electron Technology and Beijing Zhongsheng Century Technology.
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- November 17 2017
Where now for Asia Capital Re?
The failure to secure a sale to Chinese investors has sent the company back to square one.
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
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- November 16 2017
Insurance M&A increases in value
“Fewer in number, but higher in value” says Willis Towers Watson in its recent survey.
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- November 16 2017
Axa to focus on 16 key markets
The company has said that it may sell some assets in countries where it lacks scale.
