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M&A tag returned 429 results

  • Sale of HK insurer to mainland JV completed after 3 years

    Hong Kong-based Standard Life Asia yesterday announced that it is starting a new chapter following the completion of its sale to Tianjin-headquartered Heng An Standard Life Insurance (HASL).

    China | 03 Jul 2020
  • Hong Kong: FWD completes acquisition of MetLife units

    FWD Management Holdings, the Hong Kong registered business of FWD Group, has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong (collectively called "MetLife Hong Kong") from MetLife, Inc.

    Asia | 03 Jul 2020
  • FWD Completes MetLife Hong Kong Acquisition

    FWD Management Holdings Limited, the Hong Kong-registered business of FWD Group, has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited from MetLife, Inc.

    Agents | 02 Jul 2020
  • South Korea: Private equity firm named preferred bidder for KDB Life Insurance

    State owned Korea Development Bank (KDB) has named private equity firm JC Partners as the preferred bidder for its insurance unit, KDB Life Insurance.

    Asia | 02 Jul 2020
  • China: Car maker keeps insurance stake within group

    Tianjin Faw Xiali Automobile has announced that it planned to sell its stake of 17.5m shares (17.5%) in the general insurer Sanguard Automobile Insurance to parent company China FAW Group Corporation.

    Asia | 26 Jun 2020
  • FWD broadens pan-Asian presence after buying stake in Indonesian insurer

    Hong Kong-based insurer FWD Group last week reached an agreement to buy a significant minority stake in Indonesia's Asuransi BRI Life - the life insurance arm of Indonesia's fourth largest bank Bank Rakyat Indonesia (BRI).

    AIRPlus | 25 Jun 2020
  • German financier to acquire stake in Pakistan insurer

    Deutsche Investitions - und Entwicklungsgesellschaft mbH (DEG), a wholly owned subsidiary of KfW Group based in Cologne, Germany, has signed a letter of interest with TPL Insurance, the insurance arm of TPL Corp and Pakistan's first direct insurance company.

    AIRPlus | 25 Jun 2020
  • Australia: NZ central bank approves AMP Life sale

    The Reserve Bank pf New Zealand (RBNZ) has approved the proposed sale of AMP Life to Resolution Life, in a revised arrangement that is subject to a number of conditions imposed to protect policyholders.

    Asia | 25 Jun 2020
  • Lebanon: Arabia Insurance to sell 67% stake

    A group of Lebanese and other Arab investors have made a bid to purchase no less than 67% of Arabia Insurance, according to a letter sent to shareholders of the company last week.

    Middle East | 23 Jun 2020
  • India: Future Group plans to sell stakes in life and non-life ventures

    Future Group has held initial negotiations with prospective investors to sell off its holdings in two insurance ventures - Future Generali India Insurance and Future Generali Life Insurance for life insurance.

    Asia | 12 Jun 2020

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