Subject: M&A Page 51 / 70
-
- 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.
-
- October 5 2017
India’s GIC sets IPO for 11 October
IPO set to be be the biggest listing in India in seven years.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- September 4 2017
Sompo to sell Lloyd’s unit
The Japanese insurer will offload Sompo Canopius to private equity firm Centerbridge Partners for ¥100b.
-
- August 30 2017
Fairfax buys stake in rival of Indian partner
ICICI Lombard has agreed to allow the Canadian company to buy a 49% stake in nonlife startup Digit.
-
- August 29 2017
PICC eyes South-East Asia acquisitions
China's biggest non-life insurer may see a couple of deals happening before the end of this year, according to a company executive.
-
- August 28 2017
Investment income lifts China Life profits
Net income rose by 17.8% in the first six months of the year, driven by an 11.45% investment return.
-
- August 25 2017
Anbang Life’s credit rating lowered
A Chinese rating agency has downgraded the insurer three months after CIRC curtailed its operations.
-
- August 25 2017
Mitsui Sumitomo to buy Singapore’s First Capital
The deal will see it pay US$1.6bn to the existing owner, Canada's Fairfax Financial Holdings.
