Subject: M&A Page 54 / 69
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- March 20 2017
Global M&A activity at lowest level in three years
However, Asian transactions were still robust, with 12 of the top 20 deals by value in 2016 involving an Asian insurer.
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- March 20 2017
Nippon Life plans US$4.4bn M&A investment
Japan's biggest life insurer says it is planning to double its net profit during the next the four years.
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- March 10 2017
Fairfax approved for second Indian venture
India’s insurance regulator has given initial clearance to its joint non-life venture with Oben General Insurance.
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- March 10 2017
Cathay Financial to buy Bank of Nova Scotia Malaysia unit
The Taiwanese group said its bank and life insurance units plan to jointly acquire the Canadian bank's subsidiary.
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- March 6 2017
China consortium joins bid for Hong Kong Life Insurance
The consortium will be up against China’s state-owned Yue Xiu in a deal valued at more than US$700m.
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- February 28 2017
AIA, Manulife among bidders for SCB insurance arm
Acquisition of Thailand’s Siam Commercial Bank is likely to be tagged the biggest ever acquisition of a South-East Asian insurer.
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- February 24 2017
India’s state-owned general insurers may merge
Oriental, National and United India Insurance are likely to be merged to fetch stronger valuations.
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- February 21 2017
MetLife pullout from Indian venture hits snag
Punjab National Bank's decision to retain its 26% stake in the venture is complicating the process.
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- February 14 2017
Reliance Nippon Life seeks partner
One of the largest life insurance companies in India is looking for a partner to merge with.
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- February 13 2017
Aon sells employee benefits outsourcing unit to Blackstone
The private equity firm outbid rivals for the benefits administration and human resources platform.
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- February 10 2017
Suncorp eyes sale of US$1.5bn life insurance unit
Chief executive Michael Cameron said a sale is one of the options being considered.
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- February 10 2017
Aviva selling 50% stake in life insurer Antarius
The British insurer is reportedly exiting its French life insurance joint venture with Credit du Nord.
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- February 10 2017
Willis Towers Watson hires regional strategy head
Angelini is tasked with leading the company's expansion into wider strategy consulting services.
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- February 10 2017
Chinese insurers warned on overseas acquisitions
Some companies behave like “a little boy rushing into a candy store”, says CIRC official.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
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- January 31 2017
QBE plays down Allianz takeover report
Firm issues statement denying it was in discussion after report appears in German newspaper.
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- January 26 2017
Intesa SanPaolo in tie up opportunities with Generali
A tie-up between the two companies would create Italy's largest financial conglomerate.
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- January 26 2017
China limits insurers’ stock investments to 20%
Chinese insurers will be restricted from buying listed firms or partnering with non-insurance parties.
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 20 2017
Asia’s global trailblazers
Multinational banks and insurers from Asia have become a global force during the past decade.
