APAC Insurance M&A Deals

Allianz SE mulls exit from Bajaj Insurance joint ventures

Bajaj Finserv holds a 74% stake in both joint ventures.
1 day ago

Allianz SE mulls exit from Bajaj Insurance joint ventures

Bajaj Finserv holds a 74% stake in both joint ventures.
1 day ago

Swiss Re sells iptiQ's European P&C unit to Allianz Direct

This move brings over 130,000 iptiQ customers into Allianz Direct's portfolio.
2 days ago

Competition Commission of India clears central bank on acquisitions

The central bank proposed stakes in both life and general entities of Future Generali.

Singapore amends insurance bill post-Allianz deal

Key concern raised by the MCCY is the terms and structure of the deal.

Taishin, Shin Kong approve merger

This creates Taiwan's fourth-largest financial firm

Ardonagh merges PSC’s ANZ operations with Envest

This makes it one of the top privately owned insurance distribution companies in Australia.

Income-Allianz deal off on social concerns, says Singapore

The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.

Bridge Specialty Int’l completes acquisition of Acorn Int’l

It said the acquisition expands its footprint in Singapore.

Prudential ups stake in Nigerian venture

This increases Prudential's ownership from the 51% stake it acquired in 2017.

PSC shareholders vote for Ardonagh merger

The transaction is expected to close around 11 October.

Income Insurance's risk diversification tempers capital charges

On a stand-alone basis, it is expected to keep a strong business presence in SG.

India gov’t to sell 6.8% stake in General Insurance Corp

The stake will be sold at a floor price of INR395 per share.

Global insurance M&A hits 15-year low in volume

The region’s deal volumes also fell by 20.7% YoY.

Regulator pushes for mergers in Indonesia amidst premium stagnation

Insurance penetration in Indonesia has declined to 2.64% in 2023.

The fourth attempt to sell MG Insurance falls through

KDIC is now looking into private contracts for MG Insurance sale.

Leading Group eyes Chinese market expansion post-merger

The proposed transaction values Leading Group at approximately $430m.