life insurance business

FIG to acquire Bank of Queensland’s life business

Freedom Insurance Group has signed an agreement to acquire Bank of Queensland’s life insurance business, St Andrew’s Insurance, for A$65m…

Allianz to divest part of Taiwan life insurance business

Allianz, a Germany-based insurance firm, has secured all regulatory permissions to offload part of its traditional life insurance business in…

Takaful Emarat agrees to acquire Al Hilal Bank’s life insurance business

Takaful Emarat, a Sharia-compliant insurance firm, has inked an agreement to purchase Al Hilal Takaful from Al Hilal Bank in…

Aviva plots Taiwan exit with sale of share in life insurance joint venture

Aviva has agreed to divest its entire 49% shareholding in its Taiwanese joint venture First Aviva Life (Aviva Taiwan) to…

Commonwealth Bank mulls to offload life insurance business

Australia-based Commonwealth Bank has confirmed that it is in discussions with third parties to offload life insurance business in Australia…