Industry Segments: M&A Page 64 / 65
-
- June 12 2015
Anbang Insurance’s US$1bn acquisition of Tong Yang Life approved
Approval issued despite concerns over reciprocity.
-
- June 11 2015
BDO Unibank acquires Generali Pilipinas Holdings
Acquisition part of the bank's strategy to diversify into the life insurance business.
-
- June 10 2015
China’s Fosun in final stage of acquiring Israel’s biggest insurer
Fosun set to acquire Israel's Pheonix Group for US$858M.
-
- June 9 2015
Japan’s Tokio Marine seeks overseas bancassurance deals
Japanese insurance giant has spent over US$8bn on international deals since 2008.
-
- June 4 2015
Nippon Life said to acquire National Australia Bank’s life insurance unit
Analysts value the life insurance business at up to US$1.4bn.
-
- June 3 2015
Samsung Life Insurance eyes acquisition in the Philippines
Growing economy, low insurance penetration rate, and large population seen as factors.
-
- May 30 2015
M&As in global insurance sector start to recover, Swiss Re
Emerging markets, particularly Asia Pacific and Latin America, sees a pick-up in activity.
-
- May 30 2015
Fosun shifts focus to insurance
Conglomerate expected to sell more of its own equity as it focuses on developing its insurance business.
-
- May 27 2015
Taiwan’s Fubon Life pays US$540m for Madame Tussauds London site
Taiwanese life giant plans to buy as much as US$3bn of overseas properties.
-
- May 25 2015
Swiss Re completes acquisition of RSA’s China business
World's second biggest reinsurer pays GBP71m (US$111m) to acquire Sun Alliance Insurance.
-
- May 20 2015
Japan’s Nippon Life to acquire operator of insurance agencies
Acquisition is part of Nippon Life's aim to acquire independent agencies.
-
- May 18 2015
Insurance acquisition will not weaken CTBC Financial’s credit profile
CTBC Financial’s outlook remains stable after announcement to acquire Taiwan life Insurance Co.
-
- May 14 2015
CTBC Financial acquires Taiwan Life in US$1bn stock swap deal
CTBC Financial to swap 1.44 common shares in exchange for one Taiwan Life common share.
-
- May 12 2015
Generali Asia enters Malaysia after acquiring stake in local insurer
Acquisition marks Generali's entry into the Malaysian non-life market.
-
- May 11 2015
Fosun plans US$1bn share sale to fund insurance M&A
Company to invest in more insurers from Europe and the US in the coming years.
-
- May 11 2015
China’s insurers raising capital for M&A
Fosun is set to raise US$1b as mainland insurers increasingly look overseas for investment opportunities.
-
- May 9 2015
Australia’s Honan Insurance acquires Singapore’s MACS
General Insurance and Employee Benefits broker in South East Asia acquired for an undisclosed amount.
-
- May 7 2015
Anbang gets green light to acquire Belgium’s 100-year-old insurer
Acquisition marks the first time a Chinese insurance company acquiring 100% ownership of a European insurance firm.
-
- May 6 2015
Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer
Acquisition in line to expand insurance business to other markets in Southeast Asia.
-
- May 6 2015
Job cuts loom after Allianz Australia takes over TIO
The sale of TIO’s insurance arm to Allianz was approved by the Australian parliament.
