March 24, 2015
IRB Brasil RE plans to grow more aggressively in Latin America and Africa as part of an expansion that may require Brazil’s largest reinsurer to seek an initial public offering or tap an outside partner before 2018, Chief Executive Officer …
December 19, 2014
Anbang Insurance Group Co., the Chinese insurer that’s buying New York’s Waldorf Astoria hotel, is expanding at home with investments from China Minsheng Banking Corp. to Financial Street Holdings Co. The insurer became the largest shareholder of Minsheng Bank with …
November 12, 2014
Anbang Insurance Group Co., the Chinese insurer buying New York’s Waldorf Astoria hotel, is planning an initial public offering that could raise about $2 billion, people with knowledge of the matter said. The Beijing-based company aims to start the share …
May 1, 2014
RRJ Capital Ltd., run by Charles Ong, and his former employer Temasek Holdings Pte, have agreed to invest €1.28 billion ($1.8 billion) in ING Groep NV’s NN insurance business before the unit’s initial public offering. ING will get 750 million …
April 30, 2014
Saga Plc, which provides insurance and holidays to Britain’s over-50s, confirmed earlier reports that it will sell shares in an initial public offering as its private equity owners cut their stakes. The company expects to raise about £550 million ($924 …
November 12, 2012
ING U.S. Inc, a unit of Dutch financial services group ING Groep NV, filed to raise up to $100 million in an initial public offering as its parent complies with a European Union mandate to split its businesses. ING Groep …
October 3, 2011
A lawsuit against Blackstone Group LP , alleging the private equity firm failed to disclose problem investments before its 2007 initial public offering, will go ahead after the U.S. Supreme Court rejected the company’s appeal. The justices on Monday refused …
July 18, 2011
State-owned People’s Insurance Company of China Group (PICC), one of the country’s largest insurers, plans to raise $5 billion to $6 billion in an initial public offering in Hong Kong and Shanghai, IFR reported citing two sources with knowledge of …