Subject: M&A Page 25 / 69
-
- July 6 2021
Westpac sells NZ life arm to Fidelity Life for NZ$400m
The move follows the bank's recent sale of its Australian P&C unit to Allianz.
-
- July 5 2021
Aon/WTW: New Zealand regulator further delays decision date
The antitrust watchdog has extended the M&A approval deadline for a third time.
-
- July 2 2021
Gallagher takes 100% stake of Indian (re)insurance broker
The US firm has bought a further 70% of Edelweiss Gallagher's shares.
-
- June 29 2021
Aon/WTW: Singapore antitrust watchdog plans ‘further review’
The CSSS has identified executive compensation consulting as an area for closer scrutiny.
-
- June 28 2021
Aon wants August trial as US DoJ challenges WTW merger
Aon's lawyers tell the Antitrust Division a February 2022 trial is a "nonstarter".
-
- June 24 2021
AUB-backed SPG secures specialty broker acquisition
The Western Australia firm provides cover including cyber, D&O, liability and PI.
-
- June 24 2021
Generali’s Malaysia moves a sign of the times
M&A set to increase as smaller players face new digital and RBC pressures.
-
- June 23 2021
Australian broker RIB merges with N Queensland’s JVIB
The Australian broking market has seen intense M&A activity of late.
-
- June 22 2021
Generali seeks to merge two Malaysia P&C players
Italian insurer agrees to buy 53% of Axa Affin GI and 100% of MPI Generali.
-
- June 21 2021
Hollard snaps up CBA’s P&C arm for A$625m
South Africa's largest privately owned insurer fought off rivals such as Allianz and IAG.
-
- June 18 2021
US DoJ files antitrust lawsuit to block Aon/WTW merger
Brokers say action reflects a "lack of understanding" of the market.
-
- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
-
- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
-
- June 2 2021
Japan’s global majors face heightened supervision
FSA to up scrutiny of MS&AD, Sompo and Tokio Marine's overseas units.
-
- May 27 2021
Ardonagh buys Ed parent Corant Global for US$500m
The group comprises global assets including Besso, Ed, Piiq Risk Partners and Epsilon Underwriting.
-
- May 26 2021
Aon/WTW: New Zealand deadline extended to July 2
Antitrust reviews in Australia and Singapore are also still ongoing after Taiwan approved the deal last week.
-
- May 20 2021
Aon/WTW: Taiwan’s antitrust authority gives the green light
The Fair Trade Commission says the mega broking deal would “not significantly restrict competition".
-
- May 19 2021
Australian brokers Austcover and Regional Insurance merge
When the two Steadfast brokers combine on July 1, they will have 13 offices and around 150 staff.
-
- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
-
- May 11 2021
Aon/WTW: Gallagher in talks to buy US$3bn of assets — report
Chicago-headquartered global broker is looking at several European units and Willis Re.
