insurance business
RHB Bank aborts talks to divest insurance business to Tokio Marine
Malaysian lender RHB Bank has decided to end negotiations with Tokio Marine Asia (TMA) to sell up to 94.7% of…
AXA mulling to offload Central European insurance business
French insurance major AXA is reportedly planning to offload its Central Europe insurance business to exit markets where it is…
Allianz vies with Liberty Mutual to grab slice of BBVA insurance business
Germany-based insurance major Allianz has emerged as the most favourite contender to acquire certain stake in bancassurance business of Spanish…
Italy’s Cattolica submits bid for UBI’s insurance business
Insurance company Cattolica Assicurazioni has submitted a non-binding offer for the life insurance businesses of Italian banking group UBI Banca.…
Allianz, Generali compete with Liberty to grab slice of BBVA insurance business
Germany-based insurance major Allianz and Italian insurer Generali are vying with American rival Liberty Mutual to grab a slice of…
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Russian lender VTB divests insurance business to Sogaz
VTB Bank, a Russian government owned lender, has disposed of its insurance operations to Sogaz Insurance Group for an undisclosed…
Standard Life Aberdeen to offload insurance business for £3.24bn
Standard Life Aberdeen has signed an agreement to sell its insurance business to Phoenix Group in a cash and stock…
Allianz boosts services for SMEs in collaboration with Brokerslink
German financial services firm Allianz has announced that its recent strategic partnership with Brokerslink enabled SMEs of Brokerslink in 95…
MassMutual to sell Hong Kong unit to Jack Ma-backed Yunfeng Financial
Mutual Life Insurance has reached an agreement with a group of Asian investors including Yunfeng Financial Group, the company backed…