APAC Insurance M&A Deals

Hanwha Life acquires 75% stake in US firm Velocity Clearing

It aims to establish a foothold in the US financial sector.
5 hours ago

Hanwha Life acquires 75% stake in US firm Velocity Clearing

It aims to establish a foothold in the US financial sector.
5 hours ago

APAC insurance M&A activity slows in Q3

Two major transactions faced regulatory scrutiny during the quarter. 
6 hours ago

Allianz-Income merger in limbo as parties weigh new rules

A CEO said there is no guarantee that any transaction will take place.
6 days ago

SG justifies blocking $2b capital withdrawal in Income-Allianz deal

This proposed extraction does not align with the representations made to MCCY.

Allianz SE mulls exit from Bajaj Insurance joint ventures

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

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.

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.