Articles by Jan-Henrik Förster and Dinesh Nair

AXA Reviews Potential Sale of Middle Eastern Operations: Sources

AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl continues to streamline the operations of Europe’s second-largest insurer, people familiar with the matter said. The French insurer is working …

J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP

J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale of its French loan insurance broker Financiere CEP, according to people familiar with the matter. The firm is considering various …

China’s Fosun Considers Sale of German Insurer Frankfurter Leben: Sources

Chinese conglomerate Fosun International Ltd. is exploring options including a potential sale for its German insurance business Frankfurter Leben Holding GmbH, people with knowledge of the matter said. Fosun has held talks with potential advisers about options for Frankfurter Leben, …

U.K. Investment Firm Centricus Forms Insurance Venture with Ex-Goldman Partner

Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris Milner. The new venture with Milner’s …

Allianz Explores Deal with Deutsche Bank’s Asset Management Arm: Sources

Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the matter. The Munich-based insurer is …

The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death

It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day. On Tuesday afternoon, Aon Plc confirmed a Bloomberg …

French Insurer April Attracts Interest From Private Equity Firms CVC, KKR

French insurer April SA has drawn takeover interest from private equity firms including CVC Capital Partners, KKR & Co. and BC Partners as it weighs a sale amid a wave of industry consolidation, according to people familiar with the matter. …

Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL

A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer Oliver Baete …

SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources

SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as the Japanese technology giant aims to bolster its financial flexibility, according to people familiar with the matter. The loan, guaranteed …

SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources

Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying a quarter of the company, valuing the reinsurer at as much as 37 billion francs ($39 billion). Billionaire Masayoshi Son …