FWD to Buy Majority Stake in Malaysian Insurer Ahead of Planned IPO February 20, 2023 By Manuel Baigorri FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a...
India’s Kotak Mahindra Bank Weighs Sale of Stake in General Insurance Unit: Sources February 13, 2023 By Baiju Kalesh, Preeti Singh and Manuel Baigorri Kotak Mahindra Bank Ltd., backed by billionaire Uday Kotak, is considering selling a minority stake in its general insurance unit,...
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...
Generali Plans Sale of €20B Italian Life Portfolio, Aiming to Improve Profits: Sources December 7, 2022 By Sonia Sirletti and Manuel Baigorri Assicurazioni Generali SpA is planning to sell a roughly €20 billion ($21 billion) Italian life insurance portfolio as part of...
China’s Fosun Weighs Options for Hong Kong-Based Peak Re: Sources October 27, 2022 By Manuel Baigorri Fosun International Ltd. is weighing strategic options for its Hong Kong-based Peak Reinsurance Co. as the Chinese conglomerate looks to...
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...
Chubb in Advanced Bancassurance Talks With Hong Kong’s Hang Seng Bank: Sources September 20, 2022 By Manuel Baigorri Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender...
Hong Kong Insurer FWD Refiles Application for Hong Kong IPO, Eyeing 2023 Listing September 14, 2022 By Manuel Baigorri FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong...
Hong Kong’s Hang Seng Bank Seeks New Bancassurance Partner After QBE Deal Expires August 15, 2022 By Manuel Baigorri Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after...
Allianz Weighs Sale of Stake in Saudi Arabia Unit August 9, 2022 By Manuel Baigorri Allianz SE is considering a sale of its Saudi Arabian unit, people familiar with the matter said, a move that...