Articles by Jan-Henrik Förster, Alexandre Rajbhandari, Manuel Baigorri and Pamela Barbaglia

BNP Paribas Considers Buying Fosun’s Ageas Stake

BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people with knowledge of the matter. The French lender has been holding discussions on a possible purchase of Fosun’s holding in …

Direct Line Rejects ‘Unattractive’ £3.1 Billion Bid From Ageas

Direct Line Insurance Group Plc said its board unanimously rejected a bid from Ageas, describing the offer as “uncertain” and “unattractive.” The Belgian insurer said in a regulatory filing Wednesday that “it is in the preliminary stages of considering a …

Canada’s Intact Financial Kicks Off Sale of RSA’s Personal Insurance Business

Intact Financial Corp. has kicked off the sale of its personal insurance subsidiary in the UK, which could be valued at around £500 million ($620 million), people with knowledge of the matter said. The Canadian insurer is working with JPMorgan …

Lufthansa Weighs Sale of Aviation Insurance Broker, Insurer: Sources

Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is working with advisers to find a buyer for the …

Private Equity Firm Hg Weighs Options for €1.5 Billion Insurance Broker GGW

Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5 billion ($1.6 billion), people familiar with the matter said. The software-focused private equity firm is working with advisers as it …

AIG, AXA Weighing Sales of UK Businesses: Sources

Two of the world’s largest insurers are weighing the sale of businesses in the United Kingdom, according to people familiar with the matter. American International Group Inc. is working with advisers to explore a sale of its life-insurance unit in …

Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion

Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty Mutual announced the sale of …

Liberty Mutual Considers $1 Billion Latin America Sale

Liberty Mutual Holding Co. is exploring a sale of its Latin America businesses as part of the US insurer’s divestment plans from non-core markets, according to people with knowledge of the matter. The Boston-based firm is working with JPMorgan Chase …

Insurance Broker BMS Group’s Owners Weigh Its Sale, With £600 Million Valuation

British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the insurance broker at more than £600 million ($720 million), people familiar with the matter said. The investment firms are working …

Private Equity Firm KKR Nears €2.3 Billion Deal for French Insurance Broker April Group

French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website. The statement, which confirmed a Bloomberg News report, didn’t disclose deal terms. KKR is …