Subject: M&A Page 48 / 69
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- January 29 2018
SoftBank eyes backing Indian insurance startup
PolicyBazaar, an online insurance aggregator, was valued at US$500m during its last funding round.
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- January 24 2018
AIG buys Bermuda-based reinsurer Validus
The insurer is emerging from its long period of retrenchment and returning to expansion under its new chief executive.
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- January 24 2018
Prudential sells Vietnam consumer finance unit to Shinhan
A subsidiary of the Korean financial group has agreed to pay US$151m for Prudential Vietnam Finance.
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- January 24 2018
MetLife mulls sale of Hong Kong unit
The New York-based insurer is following in the footsteps of global counterparts Axa and MassMutual in exiting the city.
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- January 19 2018
Honan Insurance gets MAS nod to acquire NGA Benefits
The Australian-owned insurance broking company said the acquisition is part of its continuing investment in South-East Asia.
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- January 16 2018
Ergo, Manulife in talks to buy stake in IndiaFirst Life
The potential buyers are eyeing the stake owned by the UK’s Legal & General Group, which is up for sale.
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- January 15 2018
CBA eyes selling stake in Indonesian venture
The sale of a majority stake in Commonwealth Life could value the insurer at up to US$250m.
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- January 11 2018
Rise in M&A deals will fuel insurance demand in 2018
The value of deals is expected to exceed US$3tr this year, according to XL Catlin's head of M&A.
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- January 11 2018
Axis Bank seeks to acquire insurance firm
The third-largest private-sector bank in India is exploring opportunities in the fast-growing life sector.
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- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
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- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
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- December 22 2017
Three insurers in bidding to buy India’s Star Health
ICICI Lombard, HDFC Ergo and Bajaj Allianz have joined the race to buy India's biggest standalone health insurer.
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- December 15 2017
Malaysia’s AmBank eyes sale of insurance unit
The lender is aiming to offload some of its non-core businesses and focus on its primary operations.
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- December 13 2017
Zurich agrees to buy ANZ life insurance arm for US$2.1bn
The Swiss insurer will become the biggest insurance company in the country after the deal.
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- December 12 2017
ANZ nears final stage of sale of life insurance unit
A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 11 2017
NTUC Income taps Fullerton to manage US$23bn in assets
The partnership is seen to create more opportunities to explore innovative investment products.
