Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL June 12, 2018 By Dinesh Nair, Julie Edde and Ruth David A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE,...
SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources April 6, 2018 By Donal Griffin, Ruth David and Dinesh Nair SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as...
SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources March 29, 2018 By Manuel Baigorri, Dinesh Nair and Jan-Henrik Förster Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying...
Generali Evaluates Offers for Its $49B German Life Insurance Portfolio: Sources March 2, 2018 By Dinesh Nair and Eyk Henning Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life...
AIG’s Dealmaker CEO Duperreault Says Validus ‘Fits Like a Glove’ January 23, 2018 By Katherine Chiglinsky, Sonali Basak and Dinesh Nair American International Group Inc. is getting bigger again. Eight months after Chief Executive Officer Brian Duperreault took over and began...
AIG to Buy Bermuda Reinsurer Validus for $5.6B in Cash, Reversing Retrenchment January 22, 2018 By Katherine Chiglinsky, Sonali Basak and Dinesh Nair Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company...
Dutch Insurer Aegon Eyes Acquisitions Such as Smaller Competitor ASR October 23, 2017 By Dinesh Nair and Ruth David Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has...
Axa Eyes Options for European Asset Management Unit September 15, 2017 By Fabio Benedetti-Valentini , Ruth David and Dinesh Nair French insurer Axa SA is reviewing options for its European asset management unit amid consolidation in the sector, according to...
Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources June 8, 2017 By Dinesh Nair, Manuel Baigorri, Oliver Suess and Ruth David Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in...
Zurich Insurance Plans to Sell South Africa & Morocco Units: Sources February 19, 2016 By Dinesh Nair, Matthew Martin and Jan-Henrik Förster Zurich Insurance Group AG has started a process to sell its units in South Africa and Morocco as it works...