Subject: M&A Page 50 / 69
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 9 2017
MS&AD buys 15% stake in ReAssure
The group has agreed to pay Swiss Re £800m (US$1.05bn) for its investment in the UK-based closed-book life insurer.
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- October 6 2017
M&A revival?
Deal-making has been on a downward trend this year, but activity seems to be reviving.
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- October 6 2017
Nippon Life to buy MassMutual Japan for up to US$1.77bn
If the deal pushes through, it will be the first consolidation in the Japanese life insurance market since 2015.
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- October 6 2017
Two Malaysian pension funds eye stakes in insurers
The country's two biggest pension funds are considering buying into one of the locally incorporated foreign-owned insurers.
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- October 5 2017
Japanese life insurers seek to acquire global asset managers
Challenging returns at home prompt Japanese majors to seek opportunities and expertise abroad.
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- October 5 2017
India’s GIC sets IPO for 11 October
IPO set to be be the biggest listing in India in seven years.
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- October 4 2017
Tokio Marine to buy AIG medical insurance unit
The Japanese insurer will buy the business through US subsidiary HCC Insurance for over US$266m.
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- October 3 2017
Suncorp plans to sell life insurance unit
The move comes after chief executive Michael Cameron commenced a strategic review of the division in February.
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- October 2 2017
Etiqa completes acquisition of Indonesian insurer
Maybank's wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.
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- September 29 2017
Allianz completes sale of Korean unit to Anbang
The deal completed after the Financial Services Commission finally approved the transaction earlier this week.
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- September 28 2017
Nippon Life in talks to acquire stake in TCW Group
The Japanese giant has begun discussions on its plan to buy a 20-30% stake in the US asset manager.
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- September 22 2017
AIA pays A$3.8 billion for CBA life unit
The Asian insurance giant has acquired Australia's CommInsure Life and New Zealand's Sovereign.
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- September 20 2017
Foreign insurers rush to meet Malaysia ownership cap
Bank Negara Malaysia wants foreign ownership in local insurance companies to be capped at 70% by June 2018.
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- September 20 2017
China to heighten insurance scrutiny
Investments and capital flows in and out of the industry will be overseen more closely, the country’s regulator announced.
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- September 18 2017
AIA set to buy Commonwealth Bank’s life assets
The Asian insurance group has become favourite to buy the unit in a deal said to be worth more than US$4bn.
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- September 15 2017
At least 20 bidders eye Axa wealth unit in HK
China Taiping Insurance and Country Garden are reportedly among the companies that have expressed an interest.
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- September 8 2017
Allianz rebuffs Chinese takeover
It emerged this week that Anbang and HNA both attempted a takeover of the German insurer earlier this year.
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- September 6 2017
Huabang Financial to acquire Israel’s Clal Insurance
The controlling stake in the Israeli insurance and financial firm is valued at approximately US$1.36b.
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- September 4 2017
Sompo to sell Lloyd’s unit
The Japanese insurer will offload Sompo Canopius to private equity firm Centerbridge Partners for ¥100b.
