merger
Five Taiwan firms bid for AIG’s unit
Five Taiwanese companies are bidding for US insurance giant AIG's local unit, Nan Shan Life, with offers of between two and three billion US...
Four Taiwanese firms invited to evaluate Nan Shan
US insurance giant AIG has invited four Taiwanese units to conduct due diligence on the troubled firm's Taiwan unit Nan Shan Life to revive...
Acquisition : ICBC to take 60 percent stake in Axa Chinese unit
French insurer Axa SA said Thursday that the world's biggest bank, ICBC of China, will take a 60 percent stake in its Chinese insurance...
Acquisition : Apollo and CVC confirm Brit Insurance bid
Apollo and CVC finally published details of their offer on Tuesday as Brit released an update on its trading performance to the market. The...
Acquisition : RSA acquires GCAN Insurance in Canada
RSA Insurance Group plc (RSA) announces the acquisition of GCAN Insurance Company (GCAN). GCAN is a leading Canadian mid-market, large risks & specialty commercial...
Aon completes merger with Hewitt Associates
Aon Corporation today announced that it has completed its merger of Hewitt Associates, Inc. with a subsidiary of Aon, creating Aon Hewitt, the world's...
Aon / Hewitt : preliminary stockholder election results
Aon Corporation and Hewitt Associates, Inc. announced today the preliminary results of the elections received from Hewitt stockholders regarding their preferences as to the...
Merger : Aon and Hewitt Expect Proposed Merger to Close in Early October
Aon Corporation and Hewitt Associates, Inc. announced today that they currently anticipate completing their proposed merger transaction pursuant to the previously announced Agreement and...
AIG mulling options for Taiwan unit after aborted deal
US insurance giant American International Group said Tuesday it was considering other options after collapse of the sale of its Taiwan unit to a...
Aon Cororation : Stockholders Approve Share Issuance in Hewitt Merger
At a special meeting of stockholders of Aon Corporation (NYSE: AON) held today, Aon stockholders voted in favor of a proposal to approve the...
Merger : Insurance consortium buys Danish FIH for $879 mln
A consortium consisting mainly of Danish and Swedish insurers has agreed to buy Danish corporate and investment bank FIH for 5 billion Danish crowns...
Acquisition : ACE to acquire Rain and Hail Insurance Service for $1.1 Billion
ACE Limited announced today that it has signed a definitive agreement to acquire all of the outstanding common stock of Rain and Hail Insurance...
Ace Ltd new owner of Malaysia’s Jerneh Insurance?
U.S insurer Ace Ltd will buy Malaysia's Jerneh Asia's insurance business for an undisclosed sum, as reported on Tuesday. The Business Times newspaper said...
AXA unit sale : Australia’s watchdog blocks bid a second time
Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its...
Aon : Pricing of $1.5 Billion of Senior Unsecured Notes
Aon Corporation today announced that it has agreed to sell $1.5 billion of senior unsecured notes in an underwritten public offering. Of these notes,...
LV= : British mutual insurer sales surge
Rising car insurance prices and strong demand for specialist annuities created a surge in British mutual insurer LV= sales. LV=, formerly Liverpool Victoria, had...
HSCB / Nedbank : South Africa regulators fear foreign control
HSBC is in exclusive talks to buy a controlling stake in Nedbank, South Africa's fourth-largest bank, from insurer Old Mutual. Yet rigid controls on...
AIG / Taiwan : end of unit deal for Hong Kong buyer?
US insurance giant American International Group has signaled it wants to end the sale of its Taiwan unit to a Hong Kong consortium after...
AIG unit bid defended by Hong Kong group
Hong Kong-based Primus Financial Holdings on Wednesday defended its bid to buy the Taiwan unit of ailing US insurance giant American International Group.
The move...
ERGO in Korea’s insurance market
ERGO, Europe’s 12th-largest insurance company entered the Korean market in 2008 by buying a 65 percent stake in Daum Direct Auto Insurance Co., an...
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