Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Allianz Acquires Egyptian Insurer
Feb 21 2000 // Germany’s Allianz AG acquired a controlling 80 percent interest in Cairo-based Arab International Insurance Company (AIIC) by purchasing the 40 percent share held by France’s AXA. In 1998, AIIC reported gross...
ING Group To Acquire Interest in Mexican Insurer
Feb 21 2000 // Holland’s ING Group announced that it had agreed to acquire a 39.7 percent interest in a subsidiary of Mexico’s Savia Group, which owns 71.6 percent of Seguros Comercial America (SCA). With a 27 percent overall...
Zurich Set To Buy Abbey Life
Feb 2 2000 // Allied Dunbar, the life insurance unit of Allied Zurich Plc, a part of the Anglo-Swiss group, Zurich Financial Services, announced today that it had agreed to purchase Abbey Life from its current owner Lloyd’s TSB,...
Hilb, Rogal and Hamilton Acquires Kansas Agency
Feb 2 2000 // Hilb, Rogal and Hamilton Co. has acquired substantially all of the operations of Dulaney, Johnston & Priest, an insurance agency headquartered in Wichita, Kansas. Terms of the transaction were not disclosed. With over...
Zurich Acquires Stake in New China Life
Jan 8 2000 // Zurich Financial Services announced that it has acquired a 10 percent stake in China’s fourth largest life insurance company, New China Life, for $ 39 million. Zurich is part of a group of investors which includes...
Munich Am Re Closes CNA Life Re Acquisition
Jan 5 2000 // Munich American Reassurance Company, a wholly owned subsidiary of Germany’s Munich Re, has completed the previously announced purchase of CNA Financial Corporation’s life insurance business, CNA Life Re and...
AXA Completes Acquisition of AXF Minority Shares
Jan 4 2000 // As of January 2 AXA Financial Inc., officially ceased to be an independent company and became a wholly owned subsidiary of its French parent The AXA Group. Its shares are no longer listed on the NYSE. AXF, the...
