Subject: M&A Page 67 / 69
-
- July 3 2015
China’s CNinsure sells stake to J&R
Manufacturer and supplier of fire protection and safety equipment, expected to hold approximately 5.5% of CNinsure's outstanding shares.
-
- July 3 2015
ACE acquisition of Chubb seen as one of the biggest on record
Ace shareholders to own aprroximately 70% of the new company.
-
- July 2 2015
China’s Anbang Insurance acquires Belgian bank
Chinese insurer officially acquires Delta Lloyd Bank Belgium, one of the oldest banks in the Country.
-
- July 1 2015
US regulators okay Fosun’s US$433m insurance acquisition
Chinese conglomerate receives approval from regulators in Michigan and Washington.
-
- June 26 2015
Malaysia’s BTPN bank seeks life insurance acquisition
BPTN customers currently covered by separate credit life insurance policies.
-
- June 25 2015
Fubon Financial acquires Hyundai Life Insurance stake for US$199m
Taiwanese financial services firm to acquire stake via its insurance unit, Fubon Life Insurance.
-
- June 23 2015
Buffett debuts in Australia, with eye on Asia
Warren Buffett’s IAG deal will give the Aussie insurer ammunition to buy assets in its Asian backyard.
-
- June 23 2015
Fosun to buy Israeli insurer Phoenix for US$471m
Phoenix Holdings owner, still has the option to cancel the deal if not closed after five months.
-
- June 18 2015
Zurich Insurance to acquire 75% stake in MAA Takaful
Deal subject to approval by Bank Negara and the minister of finance.
-
- June 17 2015
Warren Buffett buys US$388m stake in IAG
IAG to sell a 3.7% stake to Berkshire Hathaway Inc. in a 10-year strategic partnership.
-
- June 15 2015
Taiwan’s Nan Shan Life to acquire AIG unit for US$158m
Nan Shan Life to buy the personal and SME insurance businesses from AIG's unit in Taiwan.
-
- June 12 2015
Japan’s Tokio Marine to acquire HCC Insurance for US$7.5bn
Overseas acquisition set to be biggest ever entered into by a Japanese nonlife insurance firm.
-
- June 12 2015
Anbang Insurance’s US$1bn acquisition of Tong Yang Life approved
Approval issued despite concerns over reciprocity.
-
- June 11 2015
BDO Unibank acquires Generali Pilipinas Holdings
Acquisition part of the bank's strategy to diversify into the life insurance business.
-
- June 10 2015
China’s Fosun in final stage of acquiring Israel’s biggest insurer
Fosun set to acquire Israel's Pheonix Group for US$858M.
-
- June 9 2015
Japan’s Tokio Marine seeks overseas bancassurance deals
Japanese insurance giant has spent over US$8bn on international deals since 2008.
-
- June 4 2015
Nippon Life said to acquire National Australia Bank’s life insurance unit
Analysts value the life insurance business at up to US$1.4bn.
-
- June 3 2015
Samsung Life Insurance eyes acquisition in the Philippines
Growing economy, low insurance penetration rate, and large population seen as factors.
-
- May 30 2015
M&As in global insurance sector start to recover, Swiss Re
Emerging markets, particularly Asia Pacific and Latin America, sees a pick-up in activity.
-
- May 30 2015
Fosun shifts focus to insurance
Conglomerate expected to sell more of its own equity as it focuses on developing its insurance business.
