June 4, 2021
DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN Investment Partners, has separately attracted …
May 9, 2021
Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be reached …
April 16, 2021
Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to target deals in the sector where he worked for more than three decades, people familiar with the matter said. Wemmer …
March 28, 2021
Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the matter. Europe’s biggest insurer is discussing its options with potential …
March 26, 2021
CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search for a buyer, people familiar with the matter said. The private equity firm could announce an agreement as soon as …
March 16, 2021
BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the financial industry. The private equity firm signed a definitive agreement to buy a majority stake in London-based Davies, it said …
March 1, 2021
Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the size of the deal. Thiam’s Freedom Acquisition I Corp. sold 30 million units at $10 apiece in its U.S. initial …
February 16, 2021
Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in negotiations to …
August 14, 2020
AXA SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar with the matter, as part of its plans to ditch business lines deemed surplus to requirements. The two companies and …
August 10, 2020
AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter. The French insurer is working with an adviser on the potential sale, the people …