Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion April 25, 2023 By Manuel Baigorri and Elffie Chew Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued...
Zurich Insurance Emerges as Front-Runner to Buy MetLife’s Malaysia Business December 9, 2022 By Elffie Chew and Manuel Baigorri Zurich Insurance Group AG has emerged as the front-runner to buy a majority stake in the Malaysian insurance business of...
Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources September 22, 2022 By Manuel Baigorri and Elffie Chew AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the...
Malaysian Central Bank Sets 2023 Cutoff for Foreign Insurer Stake Sales: Sources July 18, 2022 By Elffie Chew Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures...
Insurance Australia Group, AMMB Seek to Sell Their Malaysian Auto Insurer: Sources April 15, 2020 By Elffie Chew The owners of AmGeneral Insurance Bhd., Malaysia’s second-biggest auto insurer, have restarted a sale process and are seeking as much...
Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources February 18, 2020 By Elffie Chew, Manuel Baigorri and Vinicy Chan Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses...
AXA, Affin Bank Weigh Possible Sale of Malaysian Insurance Business September 6, 2019 By Elffie Chew and Manuel Baigorri French insurer AXA SA and Affin Bank Bhd. are exploring options including a potential sale of their life and general...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources January 29, 2019 By Joyce Koh, Elffie Chew and Manuel Baigorri Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese...
Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer December 3, 2018 By Elffie Chew Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for...
Shareholders of Singapore Reinsurer ACR Capital Eyeing Sale: Sources October 23, 2018 By Elffie Chew, Manuel Baigorri and Joyce Koh ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a...