Subject: M&A Page 58 / 69
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- August 10 2016
HDFC Life and Max Life agree merger terms
The terms of the three-step merger have been announced after the boards of all four firms approved the terms.
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- August 8 2016
Aviva Asia’s value of new business drops
The weaker performance was largely attributed to the end of a bancassurance partnership with DBS.
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- August 5 2016
Mirae Asset eyes PCA Life acquisition
The deal is part of the midsize life insurer's plan to become one of Korea's top-five life insurers, outranking ING Life.
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- August 5 2016
Sun Life HK to buy FWD Life’s Bermuda pension business
The two companies will also enter into an exclusive 15-year pension distribution agreement.
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- August 3 2016
Anbang’s plan to buy Allianz Korea still in limbo
The group hasn't applied for government approval, drawing speculation that the acquisition has stalled.
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- August 2 2016
Maybank Ageas plans to double in size by 2020
Malaysia’s fourth-largest insurer has not ruled out acquiring other insurers to boost its size.
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- July 28 2016
Korea’s KDB Life struggles for buyers
There seems to be no takers so far for the insurance unit of state-owned lender Korea Development Bank.
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- July 20 2016
Khazanah eyes control of Hong Leong insurance arm
The Malaysian state-owned fund is reportedly considering an US$800m bid for control of the two companies.
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- July 18 2016
Regulations hinder Chinese firms’ Israeli ambitions
Transparency issues are making it hard for Chinese companies to pursue controlling stakes in Israeli insurance firms.
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- July 15 2016
OJK expected to oversee Fairfax-AMAG merger
Regulatory supervision may be slowing the Canadian firm's plans to acquire general insurer Asuransi Multi Artha Guna.
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- July 14 2016
Baoneng resumes hostile takeover of Vanke
The Chinese insurer raised its stake to 25% when the developer's shares resumed trading after a six-month suspension.
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- July 13 2016
ING Life sale expected to drag on
JD Capital and PICC have emerged as the most aggressive preliminary bidders in the sale of the Korean insurer.
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- July 6 2016
Hong Leong gets go ahead on sale of life unit
The group is exploring the sale of its life insurance business in Malaysia, in a move analysts describe as a surprise.
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- July 5 2016
Sun Life Financial buys CIMB Sun Life
The Malaysian group has reportedly agreed to divest its entire stake in the joint venture for US$41.8m in a deal signed in March.
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- June 29 2016
Fairfax buys 80% interest in Indonesia’s AMAG
The deal is expected to be closed by the end of the fourth quarter of 2016.
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- June 28 2016
Allianz to sell Indian stakes to partner Bajaj Finserv
The German insurer is poised to sell its investments in two insurance units, Bajaj Allianz Life and Bajaj Allianz General Insurance.
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- June 27 2016
Thanahart and MBK form joint venture
Thailand's sixth-biggest lender and a property developer have formed a life and non-life insurance broker JV.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
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- June 21 2016
Zurich sells general insurance operations in Taiwan
The sale is part of its efforts to restructure its global organisation and curb a decline in profitability.
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- June 21 2016
China Life vies with Yunfeng in iKang bid
A bidding war has ensued between the two Chinese buyers, who both want to delist the healthcare provider from Nasdaq.
