Articles by Dinesh Nair and Ruth David

Dutch Insurer Aegon Eyes Acquisitions Such as Smaller Competitor ASR

Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has looked at companies including smaller rival ASR Nederland NV amid consolidation in the domestic market, according to people familiar with …

Axa Eyes Options for European Asset Management Unit

French insurer Axa SA is reviewing options for its European asset management unit amid consolidation in the sector, according to people familiar with the matter. Axa is considering a merger or joint venture for the business, the people said, asking …

Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources

Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in the French trade-credit insurer, according to people familiar with the matter. Euler Hermes stock gained the most in more than …

Italy Car Insurance Tech Firm, Octo Telematics, Weighs Sale or IPO: Sources

Octo Telematics SpA, the Italian car insurance-technology company, is pursuing an outright sale alongside preparations for an initial public offering, according to people with knowledge of the matter. Octo, owned by Russia’s Renova Group, is working with advisers to seek …

Zurich Insurance Prepares Financing Ahead of Possible Offer for RSA: Sources

Zurich Insurance Group AG is raising financing ahead of a possible takeover offer for RSA Insurance Group, according to people familiar with the matter. The Swiss insurer is talking to banks about raising more than $4 billion, said two of …

ING to Sell $1.3 Billion of Shares in Insurer NN Group to Institutional Investors

ING Groep NV is selling a 1.2 billion-euro ($1.3 billion) stake in insurer NN Group NV as it seeks to exit the company by the end of next year. ING is selling 45 million shares of NN to institutional investors, …

ING Said to Price Insurance Unit at Midrange in $1.9 Billion IPO

ING Groep NV, the biggest Dutch financial-services company, is likely to price the initial public offering of its European insurance arm at €20 [$27.38], in the middle of its original price range, according to a person with knowledge of the …

U.K. Insurer AA Down Following $2.4 Billion IPO

AA Ltd., the U.K. roadside- assistance provider and auto insurer, fell in its first day of trading after a 1.4 billion pound ($2.4 billion) initial public offering that resulted in the exit of its private-equity owners. AA, which was owned …

ING’s $2.7 Billion IPO to Test Buyer Appetite as Prices Fall

ING Groep NV will try to execute Europe’s biggest initial public offering this year even as investor demand declines and competing share sales increase. The largest Dutch financial-services company is seeking to value its European insurance unit NN Group NV …

RBS Seeks to Raise as Much as $1 Billion from Direct Line Stake

Royal Bank of Scotland Group Plc is seeking as much as £630 million ($1.009 billion) from its third sale of a stake in Direct Line Insurance Group Plc, the U.K.’s biggest home and car insurer. RBS will offer 272.7 million …