Temasek Holdings Pte News

Shareholders of Singapore Reinsurer ACR Capital Eyeing Sale: Sources

ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a deal with Chinese buyers fell apart, people familiar with the matter said. The company’s owners, which include Temasek Holdings Pte …

Update: Swiss Re Weighs Investment in Chinese Insurer Anbang, Say Sources

China’s attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. Cerberus and Swiss Re are among parties that …

China’s Shenzhen Qianhai Reported to Be Buying Singapore Reinsurer ACR Capital

Shenzhen Qianhai Financial Holdings Co. is close to an agreement to buy ACR Capital Holdings Pte, a reinsurer backed by Singapore’s Temasek Holdings Pte, for about $1 billion, according to people with knowledge of the matter. A deal may be …

RRJ, Temasek to Invest $1.8 Billion in ING Insurance Unit

RRJ Capital Ltd., run by Charles Ong, and his former employer Temasek Holdings Pte, have agreed to invest €1.28 billion ($1.8 billion) in ING Groep NV’s NN insurance business before the unit’s initial public offering. ING will get 750 million …