France’s CNP to sign $1.7 bn insurance deal with Brazil bankPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 CNP will sell insurance through Caixa’s 3000 branches... Read more
IF EXCLUSIVE: After raising $18 mn, UAE insurtech eyes Middle EastInternational Finance DeskAugust 28, 2019March 18, 2020 by International Finance DeskAugust 28, 2019March 18, 2020 Aqeed aims to help insurance players across the Middle East enhance ROI and customer experience... Read more
Anbang to sell Japanese property portfolio worth $2.4 bnInternational Finance DeskAugust 14, 2019 by International Finance DeskAugust 14, 2019 Reports suggest previous owner Blackstone could be a potential bidder... Read more
Allianz to achieve 2019 target after Q2 profit up 13.5%International Finance DeskAugust 3, 2019 by International Finance DeskAugust 3, 2019 The net profit of €2.14 billion on a revenue of €33.2 billion is much better than what was estimated by analysts... Read more
Several rivals interested in $2.75 bn Aviva Asia insurance unitInternational Finance DeskAugust 2, 2019 by International Finance DeskAugust 2, 2019 Aviva is in talks with a financial adviser regarding the possible sale and a formal process could begin in the fourth quarter... Read more
Malaysia approves RHB Bank insurance sale to Tokio MarineInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 The merger between insurance arm of RHB Bank and Tokio Marine is set to create the second largest general insurer in the country... Read more
Japan Post Insurance admits to fraudulent practices, shares sinkInternational Finance DeskJuly 12, 2019December 17, 2019 by International Finance DeskJuly 12, 2019December 17, 2019 Shares were recorded at a 6% low, wiping $1.1 bn off its market value... Read more
Barclays Life Kenya cleared to acquire First Assurance’s insurance unitInternational Finance DeskJuly 8, 2019December 17, 2019 by International Finance DeskJuly 8, 2019December 17, 2019 IRA’s clearance paves the way for the transfer of 100 corporates in First Assurance’s life portfolio... Read more
FWD Group buying Siam Commercial Bank’s insurance unit for $3 bnInternational Finance DeskJuly 2, 2019December 2, 2019 by International Finance DeskJuly 2, 2019December 2, 2019 The deal is Southeast Asia's largest insurance M&A deal as the region continues to attract foreign insurers... Read more
IAG to sell its 26% SBI General Insurance stake; PE investors line upInternational Finance DeskJune 26, 2019 by International Finance DeskJune 26, 2019 According to reports, six private equity funds are interested in acquiring the SBI's stake as IAG looks to complete Asia exit... Read more