Industry Segments: M&A Page 58 / 63
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- October 26 2015
EastWest-Ageas life insurance JV gets SEC approval
East West Banking Corporation and Ageas Insurance International receive green light for new life insurance company.
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- October 23 2015
Transactional risk insurance buoyed by bigger deals
Marsh says that demand rose 15% year-on-year during the first six months of this year.
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- October 19 2015
Taiwan Life acquired by CTBC Financial
CTBC Financial issued US$102.54 million worth of preferred shares as part of a share swap.
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- October 16 2015
Mitsui Sumitomo on track with US$338m investment plan
Despite recent market turmoil, the Japanese insurer is still pursuing its goal to invest ¥40bn.
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- October 13 2015
AIA sells Sri Lanka general insurance unit
Local insurer Janashakthi will pay US$22.8m to buy the unit after raising funds from a rights offer.
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- October 5 2015
Anbang Insurance tops bid to buy Fidelity Life
If successful, the deal will mark the Chinese insurer's first acquisition of a US competitor.
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- October 2 2015
UAE firm acquires Singapore unit of Zurich Life
Nexus Investment will be one of the largest advisory firms in Singapore following the acquisition.
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- October 1 2015
Japan’s Nippon Life mulls hiking stake in India
Japan's biggest life insurer by assets is planning to increase its stake in Reliance Life.
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- September 30 2015
Ageas scouting for assets in Asia
After selling its insurance business in Hong Kong, Ageas plans to acquire assets in Asia.
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- September 29 2015
New India Assurance plans global expansion
India's largest non-life insurer aims to grow in Asia, North America and the Middle East.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 25 2015
Swiss Re to acquire Guardian Financial for US$2.44bn
Swiss Re joins the deal frenzy that is currently taking place in the global insurance industry.
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- September 24 2015
Chinese insurers’ global buying spree hits US$6.1bn
Moody's says the outbound trend will continue unless there is a big change in interest rates.
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- September 24 2015
Interest for RSA Insurance likely to come from Asia
CEO Stephen Hester says the insurer will get other approaches after Zurich pulls out.
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- September 22 2015
Zurich abandons US$8.7bn RSA bid
It is puling out of a bid to acquire the British insurer due to a US$200m loss in Q3.
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- September 16 2015
Alibaba’s Ant Financial takes control of Cathay Insurance
The investment will allow a quicker entrance to mainland China's insurance market.
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- September 15 2015
Nippon Life agrees to merge with Mitsui Life
The Japanese insurer will again become the country’s biggest insurer, ahead of Dai-ichi Life.
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- September 11 2015
Manulife nears deal for StanChart’s HK pension business
The Canadian insurer is reportedly in the final stages of negotiations for the US$400m deal.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
CEO resignation will not affect Zurich’s US$12bn bid for RSA
Mike Kerner will step down as CEO at the end of the year for personal reasons, but bid goes ahead.