Generali CEO Says Insurer Has Financial Strength for M&A Deals March 12, 2024 By Sonia Sirletti Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according...
Insurer Ageas Recruits Extra Adviser as it Pursues Direct Line Bid March 8, 2024 By Pablo Mayo Cerqueiro and Amy-Jo Crowley Belgian insurer Ageas has brought in an additional adviser as it presses ahead with a potential takeover offer for Britain’s...
Generali CEO’s Strategic Wishlist Includes €10 Billion Deals March 7, 2024 By Sonia Sirletti , Daniele Lepido and Tommaso Ebhardt Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some...
UK Plc Attracts Wave of Takeover Offers From Foreign Suitors March 1, 2024 By Alexandra Muller and Dinesh Nair The UK has become a hotbed for mergers and acquisitions this year as dealmakers hunt for bargains in the country’s...
Direct Line Rejects ‘Unattractive’ £3.1 Billion Bid From Ageas February 28, 2024 By Jan-Henrik Förster and Pamela Barbaglia Direct Line Insurance Group Plc said its board unanimously rejected a bid from Ageas, describing the offer as “uncertain” and...
AXA Insurance UK Buys Ageas UK’s Commercial Business Renewal Rights February 16, 2022 AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of...
BE Group Takes Fresh Look at Buying $10 Billion Insurer Ageas December 7, 2021 By Jan-Henrik Förster, Dinesh Nair and Ed Hammond BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of...
Ageas UK’s CEO Watson to Step Down, Succeeded by Middle April 8, 2020 After 10 years with Ageas UK, Andy Watson has decided to step down from his role as CEO and will...
Insurer Ageas Uses AI to Create End-to-End Car Damage Assessments in UK March 26, 2020 Ageas is using artificial intelligence (AI) to create end-to-end assessments and estimates of vehicle damage, which it says is a...
Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources July 1, 2019 By Jan-Henrik Förster and Manuel Baigorri Assicurazioni Generali SpA has emerged as the front-runner to acquire Apollo Global Management’s Tranquilidade, the second-largest non-life insurer in Portugal,...