Update: Private Equity Firm BC Partners Agrees to Buy Insurance Service Company Davies March 16, 2021 By Jan-Henrik Förster BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the...
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance February 16, 2021 By Aaron Kirchfeld, Sonia Sirletti and Jan-Henrik Förster Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead...
AXA Weighs $177 Million Sale of Greek Business to Generali August 14, 2020 By Jan-Henrik Förster and Sonia Sirletti AXA SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar...
AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources August 10, 2020 By Chanyaporn Chanjaroen, Jan-Henrik Förster and Manuel Baigorri AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according...
Finland’s Sampo Oyj Explores Cash Offer of UK Insurer Hastings July 30, 2020 By Aaron Kirchfeld, Dinesh Nair, Jan-Henrik Förster and Ruth David Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer...
UK Insurer LV= Attracts Bidders Including Phoenix, Cinven: Sources June 15, 2020 By Jan-Henrik Förster and Aaron Kirchfeld UK insurer Liverpool Victoria has attracted interest from rivals including Phoenix Group Holdings and private equity firm Cinven Ltd., according...
Generali Weighs Strategic Options for Swiss Insurance Business June 11, 2020 By Jan-Henrik Förster, Myriam Balezou and Sonia Sirletti Assicurazioni Generali SpA is exploring strategic options for its Swiss insurance operations, according to people familiar with the matter. The...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources May 28, 2020 By Jan-Henrik Förster and Sonia Sirletti Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner...
National Bank of Greece Halts Sale of Ethniki Insurance on COVID-19 Crisis: Sources April 1, 2020 By Manuel Baigorri, Jan-Henrik Förster and Sotiris Nikas National Bank of Greece SA has halted the sale of its Ethniki Insurance unit after the coronavirus pandemic dashed any...