Aviva Weighs Options for Asian Business Including Possible Sale August 2, 2019 By Manuel Baigorri, Jan-Henrik Förster and Joyce Koh Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief...
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...
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...
Billionaire Li’s FWD Group Nearing Deal to Buy CBA’s Indonesia Unit October 22, 2018 By Joyce Koh, Manuel Baigorri, Emily Cadman and Fathiya Dahrul Billionaire Richard Li’s FWD Group is nearing an agreement to buy control of Commonwealth Bank of Australia’s Indonesian life insurance...
Singapore Lender UOB Reviews Non-Life, Life Bancassurance Businesses: Sources October 11, 2018 By Manuel Baigorri and Joyce Koh Singapore lender United Overseas Bank Ltd. is reviewing its insurance business, including an existing partnership with Prudential Plc, after Southeast...
Hong Kong Insurer FWD Group Eyes Singapore Listing July 31, 2018 By Joyce Koh, Andrea Tan and Manuel Baigorri Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves...
China’s Anbang Insurance Eyes Sale of Fidea, as 1st European Divestment: Sources July 10, 2018 By Joyce Koh, Aaron Kirchfeld and Manuel Baigorri Anbang Insurance Group Co. is exploring a sale of Belgian insurer Fidea, people with knowledge of the matter said, in...
Bank Danamon Indonesia’s Insurance Unit ‘Attracts Interest’ From Foreign Suitors February 13, 2018 By Joyce Koh, Jonathan Browning and Fathiya Dahrul PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake...
China’s Shenzhen Qianhai Reported to Be Buying Singapore Reinsurer ACR Capital October 5, 2016 By Joyce Koh and Jonathan Browning Shenzhen Qianhai Financial Holdings Co. is close to an agreement to buy ACR Capital Holdings Pte, a reinsurer backed by...
UK’s Aviva to Hire JPMorgan’s Singh to Head Global M&A, Source Says August 30, 2016 By Joyce Koh Aviva Plc hired Chetan Singh, a managing director at JPMorgan Chase & Co., to head its mergers and acquisitions globally...