Industry Segments: M&A Page 61 / 61
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 4 2015
Fosun strikes US$1.8bn deal with US insurer Ironshore
Fosun already owns 20% of the casualty and property insurer, which it bought in August 2014 for US$464m.
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- May 1 2015
Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines
Discussions have been taking place with a number of parties for possible acquisitions.
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- April 29 2015
Bangladesh to see first insurance JV if Mitsui Insurance gets license
Japan's largest insurance company, reportedly in talks with insurance regulators in Bangladesh.
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- April 27 2015
China’s Fosun to invest in more European and US insurance firms
OneBeacon Insurance Group also said to be a target.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
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- April 23 2015
Bank Rakyat Indonesia to sell stake in life insurance arm
The Bank is seeking a partner to develop its life insurance unit BRIngin Life.
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- April 22 2015
Gearing up for Asian insurance M&A
Advisers to the insurance industry are gearing up for growth in Asia, in anticipation of a surge of M&A activity in the region.
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- April 21 2015
Malaysia’s growing insurance industry to drive M&A
Under-capitalized insurers and takaful operators could be expected to seek strategic investors or alternative capital.
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- April 21 2015
Taiwan’s Cathay Financial enters Philippine banking sector
Cathay Life Insurance Corp acquires 20% stake in Rizal Commercial Banking Corp for Php7.95bn (US$179m).
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- April 16 2015
AXA strikes partnership deal with SingPost
Financial advisers will promote AXA's insurance products at 34 post offices in Singapore under a 10-year agreement.
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- April 14 2015
Islamic insurers in UAE eye mergers
Tough new regulations, combined with financial losses and stiff competition in the UAE, are pushing insurance providers to consider mergers.
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- April 9 2015
OneBeacon Insurance Group considering sale
China's Fosun International Group possible bidder.
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- April 9 2015
Bahrain’s largest insurer ups stake in Takaful International
Raises stake to 40.9% making it largest shareholder.
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- April 8 2015
Bank Rakyat Indonesia to acquire local life insurance company
Bank to allocate approximately USD232 million to fund its planned acquisitions.
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- March 25 2015
Asia insurance M&A growing at healthy pace
A report by Clyde & Co says M&A in Asia's insurance industry is growing at a healthy pace.
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- March 25 2015
Cathay Life to acquire two troubled insurance firms for $966m
The Taiwanese insurer buys Global Life Insurance and Singfor Life Insurance through a public auction.
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- March 16 2015
Japan’s Nippon Life could raise stake in Reliance Life after India’s new insurance bill
Japanese life insurance giant had shown interest in raising its stake from 26% to 49% before the bill was passed.
