Subject: M&A Page 56 / 69
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- November 15 2016
Insurers offer cover against failed US M&A
As more companies pursue offshore deals, insurers have responded to demand for protection.
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- November 14 2016
Prudential sells Korean insurance business to Mirae
The UK insurer announced on its website that it has agreed to sell 100% of PCA Life for US$146m.
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- November 9 2016
Hong Leong calls off talks to sell insurer stakes
After failing to reach a deal with any of the potential buyers, the group abandons the sale.
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 1 2016
Allianz Malaysia approved to buy HSBC Amanah Takaful
Negotiations between all parties are expected to be concluded within the next six months.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 27 2016
Axa Singapore’s life and general insurance units to merge
The consolidation will cost US$1 million and will affect the French insurer's health insurance setup in Singapore.
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- October 25 2016
Bangkok Insurance looks to re-enter Vietnam
After pulling out of Vietnam 10 years ago, BKI is studying a possible re-entry into the neighbouring market.
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- October 25 2016
China Oceanwide to acquire US insurer Genworth
The US$2.7 billion cash deal will help Genworth manage its debt and boost its insurance operations.
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- October 20 2016
Hanwha Life acquires 4.1% stake in Lending Club
Investing in the world’s largest peer-to-peer lender is part of an effort to enhance its fintech capabilities.
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- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
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- October 17 2016
AXA eyes more local partnerships in Asia
The French company is targeting emerging Asia to combat persistent low interest rates and weak growth.
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- October 12 2016
Aon acquires cyber security specialist Stroz Friedberg
The combination gives Aon access to cyber security governance and advisory services.
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- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
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- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
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- October 7 2016
NN Life Japan and Sumitomo Life sign collaboration deal
The two Japanese insurers have agreed to work together to target small and medium-sized enterprises.
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- October 6 2016
Qianhai Authority will pay close to US$1b for ACR Capital
State-owned buyers see the deal as a way to develop Shenzhen Qianhai into a reinsurance hub.
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- September 30 2016
Transparency issues hinder Chinese expansion abroad
In the hunt for potential deals in the US, it is easier for Japanese insurers than their Chinese counterparts.
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 19 2016
XL Catlin set to acquire Brooklyn IT
Brooklyn is a market-leading underwriting agency in Australia and a Lloyd's approved coverholder, serving brokers across the country.
