Subject: M&A Page 23 / 69
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- October 20 2021
Gallagher acquires New Zealand broker Matt Jensen
The North Island broker is a specialist in the forestry and transportation industries.
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- October 14 2021
Nexus eyes Asia M&A after US$95m cash injection
The MGA has been growing its presence in the region over the last few years.
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- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
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- October 8 2021
Chubb buys six Cigna APAC operations, Turkey JV interest for US$5.75bn
Deal includes A&H and life units in Korea, Taiwan, New Zealand, Thailand, Hong Kong and Indonesia.
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- October 6 2021
Gallagher/Willis Re: UK antitrust watchdog launches phase 1 review
The Competition and Markets Authority's initial decision on the proposed deal is due November 29.
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- October 6 2021
Swiss Re weighs investment in Paytm Insurance: report
The digital payments firm is reportedly looking to formalise its insurance operations as it eyes an acquisition of Raheja QBE.
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- October 5 2021
China Development Financial to buy 100% of Taiwan’s China Life Insurance
The transaction is expected to close by the end of 2021 following regulatory approval.
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- October 5 2021
Ping An looks to sell New Founder Group’s life insurance arm: report
The insurer acquired its stake in the business arm of Peking University after the latter ran into financial difficulty.
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- October 4 2021
Covéa strikes out for third time with XL Re bid
The ambitious reinsurance deal would have given the French mutual a significant Asia presence.
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- September 30 2021
India to list state-owned export credit insurer in 2022
New Delhi earmarks INR44bn cash injection over five years to increase ECGC's underwriting capacity.
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- September 30 2021
Asia’s insurers face fluid M&A landscape
A series of smaller deals may be more effective than pursuing a single transformative transaction.
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- September 29 2021
Evergrande’s 50% stake in life arm could fetch US$600m — report
Bloomberg analyst warns that over US$2bn is needed to improve Evergrande Life Assurance's solvency ratio beyond 200%.
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- September 20 2021
Australia’s brokers to continue MGA expansion
Steadfast, Howden and the AUB Group have been increasing their presence but face more regulatory scrutiny.
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- September 20 2021
Zurich mulls GI asset sale in Australia – report
Bloomberg says the disposal could raise a "few hundred million dollars" for the Swiss insurer.
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- September 7 2021
HDFC Life agrees US$915m deal to buy Exide Life
The acquirer says the two firms have a “complementary geographical presence".
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- September 3 2021
Aon ups stake, takes over Indian broking JV
The global player returned to India in December 2020 by teaming up with Anviti Insurance Brokers.
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- September 2 2021
Singapore broker g&m acquires Anda from Marsh
The P&C player says it will continue to seek out suitable acquisition opportunities.
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- August 26 2021
Insurance M&A in APAC falls 51% in H1 2021: Clyde & Co
While deal activity is up recently, APAC regulators can demand substantial capital increments as part of any transaction.
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- August 25 2021
PSC’s profits jump 22% in FY 2021
The Australian broking group says recent acquisitions and organic growth will drive FY 2022 results.
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- August 20 2021
AIG’s McMurdo to join Steadfast MGA as CUO personal lines
The move comes as the broking group's MGA division acquires AIG's HNW home and contents portfolio.
