Subject: M&A Page 49 / 69
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- December 5 2017
Steadfast to buy Whitbread Insurance for US$72m
Australia's biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.
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- December 4 2017
CVS Health moves closer to Aetna purchase
Talks regarding the US$66bn deal are reportedly at an advanced stage and could be concluded today.
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- November 29 2017
Hong Kong insurers attract buyers seeking M&A-driven growth
US and European insurers look to Asia amid low growth and even lower interest rates, according to new research.
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- November 27 2017
Dozen bidders eye purchase of Star Health
Financial and strategic investors have joined the fray to buy the Chennai-based insurer from its private equity owners.
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- November 24 2017
Targeting Asian growth
International insurers are looking to under-invested emerging Asian markets as a solution to their problems at home.
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- November 22 2017
Zhongtian Financial to pay US$4.7bn for stake in Huaxia Life
It will buy the stakes from Beijing Qianxi Shihao Electron Technology and Beijing Zhongsheng Century Technology.
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- November 17 2017
Where now for Asia Capital Re?
The failure to secure a sale to Chinese investors has sent the company back to square one.
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
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- November 16 2017
Insurance M&A increases in value
“Fewer in number, but higher in value” says Willis Towers Watson in its recent survey.
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- November 16 2017
Axa to focus on 16 key markets
The company has said that it may sell some assets in countries where it lacks scale.
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- November 10 2017
Chinese app to acquire insurance broker
Toutio, a Chinese news app, is poised to be the latest Chinese media platform looking to get into fintech.
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- November 9 2017
Dozen firms in the running to acquire India’s Star Health
At least 12 companies have expressed interest in bidding for the country's largest standalone health insurance provider.
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- November 7 2017
Willis Towers Watson hires North Asia P&C consulting lead
Evariste Yeung will head up property and casualty insurance consulting across the region.
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- October 30 2017
CVS offers to buy Aetna for US$66bn
The proposed acquisition is poised to be the largest ever in health insurance history.
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- October 19 2017
ANZ retains life unit but still has plans for sale
Life insurance will not be its main focus and the bank is planning to sell or even float the business.
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- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
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- October 18 2017
XL Group to buy 20% of Mahindra Insurance Brokers
The stake in the insurance broker, which caters to rural and semi-urban India, is reported to carry a price tag of US$40m.
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- October 18 2017
Honan Insurance to acquire Singapore-based NGA Benefits
The Australian-owned and operated buyer is looking to add to its growing employee benefits business in South-East Asia.