Insurers fight for Aviva’s $2.5 bn Southeast Asia business
Allianz and Nippon Life among the companies fighting for Aviva’s Singapore and Vietnam businesses...
Category : Insurance
France’s CNP to sign $1.7 bn insurance deal with Brazil bank
CNP will sell insurance through Caixa’s 3000 branches...
IF EXCLUSIVE: After raising $18 mn, UAE insurtech eyes Middle East
Aqeed aims to help insurance players across the Middle East enhance ROI and customer experience...
Anbang to sell Japanese property portfolio worth $2.4 bn
Reports suggest previous owner Blackstone could be a potential bidder...
Allianz to achieve 2019 target after Q2 profit up 13.5%
The net profit of €2.14 billion on a revenue of €33.2 billion is much better than what was estimated by analysts...
Several rivals interested in $2.75 bn Aviva Asia insurance unit
Aviva is in talks with a financial adviser regarding the possible sale and a formal process could begin in the fourth quarter...
Malaysia approves RHB Bank insurance sale to Tokio Marine
The merger between insurance arm of RHB Bank and Tokio Marine is set to create the second largest general insurer in the country...
Japan Post Insurance admits to fraudulent practices, shares sink
Shares were recorded at a 6% low, wiping $1.1 bn off its market value...
Barclays Life Kenya cleared to acquire First Assurance’s insurance unit
IRA’s clearance paves the way for the transfer of 100 corporates in First Assurance’s life portfolio...
FWD Group buying Siam Commercial Bank’s insurance unit for $3 bn
The deal is Southeast Asia's largest insurance M&A deal as the region continues to attract foreign insurers...