share purchase agreement News

SCOR Welcomes Sompo Japan Nippokoa Share Purchase; No Changes Seen

In a brief announcement French reinsurer SCOR acknowledged that it has been “informed of the signing of a purchase agreement by Sompo Japan Nipponkoa Holdings, Inc.” The Japanese insurer is acquiring the “entire holding of Patinex AG in SCOR (i.e. …

AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million

France’s AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to acquire 50 percent of the company. Under the terms of the agreement, and subject to regulatory approval, “AXA will buy …