Subject: M&A Page 43 / 69
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- September 28 2018
Anbang to sell $200m worth of Japanese assets
The bidders include the previous owners, Blackstone, who sold the portfolio two years ago.
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- September 28 2018
Zurich to acquire Indonesia’s Adira Insurance
The deal means Zurich will become the largest foreign property-casualty insurer in the country.
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- September 26 2018
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
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- September 25 2018
Fitch to downgrade Marsh & McLennan after JLT deal
The rating agency's action reflects an expected increase in near-term debt and financial leverage.
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- September 21 2018
China Re’s acquisition of Chaucer is credit positive
Moody's says the deal will complement its existing product offerings and increase its geographic diversification.
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- September 14 2018
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
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- September 14 2018
Axa completes acquisition of XL Group
The landmark US$15.3bn acquisition first announced in March has finally crossed the finish line.
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- September 13 2018
Carlyle acquires majority stake in Sedgwick
Carlyle to replace KKR as lead shareholder in US-headquartered claims firm that recently acquired loss adjuster Cunningham Lindsey.
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- September 10 2018
Tokio Marine eyes stake in Hollard Insurance
The 22.5% shareholding in the Johannesburg-based P&C insurer is expected to cost US$327m.
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- September 7 2018
Dismantling of Anbang continues
JP Morgan has reportedly secured the mandate to handle the sale of its Dutch unit.
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- September 7 2018
Anbang looks to sell Dutch insurer Vivat for over US$1.5bn
Two Dutch insurers, Aegon and ASR, have reportedly expressed interest in bidding for the unit.
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- September 5 2018
Scor confirms rejection of Covea’s takeover approach
Covea withdraws share offer following Scor’s board rejection.
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- September 5 2018
Dai-ichi Life confirms purchase of Suncorp’s life arm
Japan’s Dai-ichi Life to pay A$640 million (US$460 million) for the Australian life firm.
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- September 5 2018
Manipal to buy 16% stake in Cigna TTK Health Insurance
The Indian group is looking to buy a stake in in the joint venture from TTK Group for an undisclosed amount.
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- August 30 2018
FWD to buy HSBC stake in Malaysian insurer
The Hong Kong-based insurer will buy a 49% stake in HSBC Amanah Takaful in Malaysia.
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- August 29 2018
Aspen bought by Apollo for US$2.6bn
The proposed deal ends uncertainty over Bermuda-headquartered (re)insurer.
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- August 24 2018
Malaysia eases pressure on foreign insurers
The country’s new central bank governor has said she will adopt a more flexible approach to divestment.
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- August 22 2018
Khazanah sells Turkish insurer to Bupa
The Malaysian sovereign wealth fund has sold Acibadem Sigorta for an undisclosed amount.
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- August 14 2018
Willis Towers Watson hires M&A transaction solutions head
Terence Montgomery will help clients to transfer liabilities involved with M&A transactions.
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- August 10 2018
Ping An targets US$50bn+ Pru acquisition
Rumours about the potential acquisition came as a surprise to many, including the Pru.
