Industry Segments: M&A Page 51 / 66
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- April 13 2017
Sumitomo, BNP to develop low-cost Japan policies
The Japanese bank and French insurance arm will jointly develop products targeting home loan applicants.
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- April 13 2017
Allianz names regional corporate development head
Julia Zheng Kuik's focus will be on mergers and acquisitions, joint ventures and new partnerships.
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- April 12 2017
Growing crackdown in China insurance industry
Analysts expect more regulatory scrutiny after an investigation on the country’s insurance watchdog head.
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- April 10 2017
Old Mutual to sell 50% stake in China unit
The Anglo-South African financial group will offload its stake in joint venture Guodian.
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- April 5 2017
Fosun joins bid to buy Greek insurer
The Chinese insurer has submitted a binding offer for the insurance unit of National Bank of Greece.
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- March 31 2017
Regulator tells Fairfax to sell 25% stake in ICICI Lombard
The Canadian insurer needs to sell the stake to be able to apply for a second licence in the general insurance industry.
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- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
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- March 22 2017
Asia to lead insurance M&A in 2017
About 47% of insurers in the region intend to hunt for deals — more than double the rate in North America.
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- March 22 2017
Hong Kong Life sold for US$914m
First Origin International, a Hong Kong-based investment firm, has paid HK$7.1b for the city's 10th-biggest insurer.
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- March 20 2017
Global M&A activity at lowest level in three years
However, Asian transactions were still robust, with 12 of the top 20 deals by value in 2016 involving an Asian insurer.
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- March 20 2017
Nippon Life plans US$4.4bn M&A investment
Japan's biggest life insurer says it is planning to double its net profit during the next the four years.
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- March 10 2017
Fairfax approved for second Indian venture
India’s insurance regulator has given initial clearance to its joint non-life venture with Oben General Insurance.
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- March 10 2017
Cathay Financial to buy Bank of Nova Scotia Malaysia unit
The Taiwanese group said its bank and life insurance units plan to jointly acquire the Canadian bank's subsidiary.
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- March 6 2017
China consortium joins bid for Hong Kong Life Insurance
The consortium will be up against China’s state-owned Yue Xiu in a deal valued at more than US$700m.
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- February 28 2017
AIA, Manulife among bidders for SCB insurance arm
Acquisition of Thailand’s Siam Commercial Bank is likely to be tagged the biggest ever acquisition of a South-East Asian insurer.
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- February 24 2017
India’s state-owned general insurers may merge
Oriental, National and United India Insurance are likely to be merged to fetch stronger valuations.
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- February 21 2017
MetLife pullout from Indian venture hits snag
Punjab National Bank's decision to retain its 26% stake in the venture is complicating the process.
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- February 14 2017
Reliance Nippon Life seeks partner
One of the largest life insurance companies in India is looking for a partner to merge with.
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- February 13 2017
Aon sells employee benefits outsourcing unit to Blackstone
The private equity firm outbid rivals for the benefits administration and human resources platform.
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- February 10 2017
Suncorp eyes sale of US$1.5bn life insurance unit
Chief executive Michael Cameron said a sale is one of the options being considered.
