HSBC’s New Insurance Chief Executive Eyes ‘Crucial’ New Deals in China April 1, 2022 By Denise Wee Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a...
Allianz and UniCredit Expand Longstanding Multi-Country Bancassurance Agreement January 28, 2022 Allianz and UniCredit have signed a multi-country agreement to build on the companies’ longstanding bancassurance partnership which began in 1996....
Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement June 1, 2021 Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash....
Aviva Pushes Back Deadline for Final Offers for Polish Operations: Sources February 25, 2021 By Pamela Barbaglia and Stephen Jewkes LONDON – Aviva has pushed back the deadline for final offers for its Polish operations to late March as the...
Italy’s Banco BPM to Acquire Full Control of Insurance Joint Ventures with Cattolica December 16, 2020 By Andrea Mandala and Valentina Za MILAN — Italy’s Banco BPM said it would end an insurance partnership with Cattolica by acquiring full control of their...
UK Insurer Aviva to Sell Vietnamese Business to Canada’s ManuLife December 14, 2020 By Carolyn Cohn and Sumeet Chatterjee British insurer Aviva PLC is selling its Vietnamese business to Canadian insurer ManuLife Financial Corp, it said on Monday, as...
Allianz to Buy General Insurance Business of Australia’s Westpac for $534M December 2, 2020 Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for...
INSTANDA Launches Cyber Insurance Product in Africa October 16, 2020 INSTANDA, the customer and policy management platform for the insurance industry, has launched its first African insurance market product on...
UK’s Prudential to Buy Thai Bancassurance Partnership from FWD Group March 19, 2020 By Manuel Baigorri Prudential Plc, the UK insurer besieged by activist investor Third Point, has agreed to acquire a bancassurance partnership in Thailand...
Tokio Marine to Pay US$374M for Insurance Joint Venture with Brazil’s Caixa Bank January 7, 2020 Tokio Marine Holdings Inc. announced it will pay 1.52 billion reais (US$374 million) to form a joint venture to sell...