Subject: M&A Page 78 / 78
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- April 21 2015
Taiwan’s Cathay Financial enters Philippine banking sector
Cathay Life Insurance Corp acquires 20% stake in Rizal Commercial Banking Corp for Php7.95bn (US$179m).
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- April 16 2015
AXA strikes partnership deal with SingPost
Financial advisers will promote AXA's insurance products at 34 post offices in Singapore under a 10-year agreement.
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- April 14 2015
Islamic insurers in UAE eye mergers
Tough new regulations, combined with financial losses and stiff competition in the UAE, are pushing insurance providers to consider mergers.
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- April 9 2015
OneBeacon Insurance Group considering sale
China's Fosun International Group possible bidder.
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- April 9 2015
Bahrain’s largest insurer ups stake in Takaful International
Raises stake to 40.9% making it largest shareholder.
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- April 8 2015
Bank Rakyat Indonesia to acquire local life insurance company
Bank to allocate approximately USD232 million to fund its planned acquisitions.
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- March 25 2015
Asia insurance M&A growing at healthy pace
A report by Clyde & Co says M&A in Asia's insurance industry is growing at a healthy pace.
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- March 25 2015
Cathay Life to acquire two troubled insurance firms for $966m
The Taiwanese insurer buys Global Life Insurance and Singfor Life Insurance through a public auction.
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- March 16 2015
Japan’s Nippon Life could raise stake in Reliance Life after India’s new insurance bill
Japanese life insurance giant had shown interest in raising its stake from 26% to 49% before the bill was passed.
