Allianz Seeking ‘Takeover Gems’ in Post-crisis Financial Wreckage April 4, 2012 By Jonathan Gould Allianz SE, Europe’s biggest insurer, will proceed with caution as it searches for takeover gems among the jetsam washed up...
HSBC Sells General Insurance Business to AXA, QBE for $914 Million March 7, 2012 By Clare Baldwin HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for...
HSBC Close to $1B Insurance Sale to AXA, QBE: Reuters March 1, 2012 British bank HSBC Holdings Plc is nearing a deal to sell its general insurance business for about $1 billion, sources...
Fondiaria Battle Heats up as Funds Table Offer; AXA Interested February 23, 2012 By Gianluca Semeraro and Stephen Jewkes The battle for control of Italian insurer Fondiaria-SAI heated up on Wednesday when two private equity funds tabled a rival...
Europe’s Big Insurers Hit by Debt Crisis, Catastrophes, Economy February 16, 2012 By Myles Neligan European insurers Axa and Zurich Financial suffered on all sides last year as Europe’s debt crisis ate into their sovereign...
Report: AXA, ACE Are Final Two Contestants for HSBC Insurance Arm February 8, 2012 France’s AXA Group and ACE Limited are the final two suitors in the hunt to buy HSBC’s $1 billion general...
S&P Follows up on Euro Zone Rating Actions January 18, 2012 By Charles E. Boyle Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of...
AXA, Japan Post Top Best’s List of World’s Largest Insurers January 4, 2012 By Charles E. Boyle France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled...
S&P Puts Allianz, Aviva, AXA, Generali, Mapfre Units, 10 Other EU Insurers on CreditWatch/Negative December 12, 2011 Standard & Poor’s Ratings announced that it has placed its ratings on the following insurers (and certain related operating subsidiaries...
AXA, Generali Said to Advance in HSBC General Insurance Sale December 8, 2011 By Denny Thomas and Kelvin Soh AXA SA and Assicurazioni Generali SpA are among bidders shortlisted for HSBC Holdings Plc’s planned sale of its general insurance...