Industry M&A

RBI greenlights Zurich's 70% stake acquisition of Kotak General

June 6 2024

55.6bn rupees (US$667m) acquisition from Kotak Mahindra Bank, initially announced in November, and now set to be completed in a single tranche.

Chubb to acquire MGA Catalyst Aviation Insurance in Australia

June 5 2024

Brendan Warner, Managing Director of Catalyst, will continue to lead underwriting for Australian aviation business.

ocbc-bids-s1-4bn-to-take-great-eastern-private

Minority shareholders of Great Eastern challenge OCBC’s takeover bid - report

May 29 2024

Shareholders oppose OCBC's S$1.4 billion (US$1bn) takeover bid to delist the stock, arguing the offer undervalues the insurer's future potential.

LIC eyeing entry into health insurance market

May 28 2024

Amid the potential for composite insurance licences, LIC is considering acquisitions to enter the health insurance market.

Diot-Siaci to acquire majority stake in Indian speciality (re)insurance broker Unilight

May 22 2024

French broker to strengthen position in Asia through stake acquisition.

AUB Group to acquire 70% stake in financial lines MGA for AU$105m

May 22 2024

AUB to acquire 70% stake in Pacific Indemnity for AU$105m (US$70m).

Income Insurance exploring partnership and stake sale options - report

May 22 2024

Singaporean insurer is reportedly considering options to help fuel expansion in Asia Pacific.

temasek-and-warburg-pincus-to-acquire-specialty-broker-srg

Temasek and Warburg Pincus partner to acquire specialty brokerage group SRG

May 21 2024

Deal reportedly values Specialist Risk Group at more than £1bn (US$1.27bn) including debt, with acquisition expected to support international expansion, including in Asia.

Nippon Life to acquire 20% stake in AIG's Corebridge for US$3.8bn

May 17 2024

The acquisition aligns with Nissay's strategy to diversify income and double core operating profit by 2035, with a focus on international acquisitions.