Industry Segments: M&A Page 53 / 65
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- October 25 2016
China Oceanwide to acquire US insurer Genworth
The US$2.7 billion cash deal will help Genworth manage its debt and boost its insurance operations.
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- October 20 2016
Hanwha Life acquires 4.1% stake in Lending Club
Investing in the world’s largest peer-to-peer lender is part of an effort to enhance its fintech capabilities.
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- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
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- October 17 2016
AXA eyes more local partnerships in Asia
The French company is targeting emerging Asia to combat persistent low interest rates and weak growth.
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- October 12 2016
Aon acquires cyber security specialist Stroz Friedberg
The combination gives Aon access to cyber security governance and advisory services.
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- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
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- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
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- October 7 2016
NN Life Japan and Sumitomo Life sign collaboration deal
The two Japanese insurers have agreed to work together to target small and medium-sized enterprises.
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- October 6 2016
Qianhai Authority will pay close to US$1b for ACR Capital
State-owned buyers see the deal as a way to develop Shenzhen Qianhai into a reinsurance hub.
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- September 30 2016
Transparency issues hinder Chinese expansion abroad
In the hunt for potential deals in the US, it is easier for Japanese insurers than their Chinese counterparts.
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 19 2016
XL Catlin set to acquire Brooklyn IT
Brooklyn is a market-leading underwriting agency in Australia and a Lloyd's approved coverholder, serving brokers across the country.
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- September 19 2016
Spike in insurance M&A to continue this year and next
Mergers and acquisitions became widespread across the industry in 2015 and the spike will probably continue in 2016-2017.
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- September 15 2016
Chaoyang Life to be put up for tender
Six Taiwanese financial holdings and insurance entities are now reportedly interested in launching a takeover bid.
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- September 14 2016
Euler Hermes and China Pacific Property in JV
The joint venture between the two firms is a bid to tap the credit insurance market in China.
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- September 12 2016
Mirae Asset Life makes final bid for PCA Life
The Korean insurer has submitted its last bid for the unlisted arm of Britain's Prudential.
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- September 8 2016
Anbang focuses on integrating purchases
The Chinese insurer may well be putting its policy of aggressive overseas acquisitions on hold.
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- September 5 2016
Hanwha Life interested in Woori Bank
The Korean life insurer is considering a stake in the country's only state-owned commercial bank.
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- September 5 2016
AIG completes sale of Taiwan insurance unit
The deal involves the sale of AIG Taiwan's consumer and SME business to Nan Shan Life Insurance.
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
