Acquisitions
GIC finishes acquisition of majority share in Miller
GIC finishes acquisition of majority share in Miller
GIC bought the entire share of Cinven in Miller.
bolttech acquires majority share in Indonesian insurance broker
The acquisition bolsters the insurtech’s insurance exchange capabilities in the country.
Mitsui Sumitomo announces acquisition of Transverse
The deal brokered will cost $400m
Catalina Holdings appoints new Asia CEO
The appointment is part of the firm's expansion plan in the region.
China’s Citic mulling buying stake in Dajia insurance group
Citic could end up buying a 20% stake in the company.
HDFC Life snaps up Exide Life for $915m
HDFC Life is India’s biggest private sector insurer.
US firm Arthur J. Gallagher acquires Mumbai broker Edelweiss
The deal is still subject to regulatory approval.
Westpac sells NZ life insurance unit to Fidelity Life
Westpac Life NZ and Fidelity Life will also enter into a 15-year distribution agreement.
AXA sells Malaysian insurance assets to Generali
The deals will turn Generali into Malaysia's second biggest P&C player.
CBA sells general insurance arm to Hollard Group
The two firms have struck a 15-year distribution deal for home and motor vehicle insurance.
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