Dutch insurer Delta Lloyd Group has entered into an agreement to acquire Belgium-based insurer, ZA Verzekeringen, from Amodo Group, to boost its presence in the country by providing a comprehensive assortment of products. Delta Lloyd ...
Tags: Delta Lloyd, Za Verzekeringen
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
Dutch insurer ING has disposed of its underwriting businesses in Hong Kong, Macau and Thailand to Pacific Century Group (PCG), for a combined consideration of €1.64bn ($2.14bn) in cash. ING insurance operations in Hong Kong and Macau ...
Netherlands based insurer Aegon has agreed to acquire Eureko’s life insurance and pension business in Romania, further strengthening its operations in the Central and eastern European region. Financial terms of the agreement have ...
Tags: insurer, Aegon, life insurance
UK-based insurer Aviva has sold its remaining stake of 19.4% in Dutch insurer Delta Lloyd for 353m, as part of its strategy to reorganize operations. Aviva sold all its 34 million shares in Delta Lloyd for €12.65 per share, ...
Tags: Aviva, stake, insurer, share, life insurance, general insurance
Netherlands based insurer Aegon has signed a 25-year strategic partnership with Spain's Banco Santanderto, to distribute both protection and general insurance products in the country. Under terms of the alliance, the lender will offer ...
Tags: insurer Aegon, Netherlands, general insurance products, Banco Santanderto
Netherlands based insurer Aegon has signed a 25-year strategic partnership with Spain's Banco Santanderto, to distribute both protection and general insurance products in the country. Under terms of the alliance, the lender will offer ...
Tags: insurer Aegon, Netherlands, general insurance products, Banco Santanderto
Dutch insurer ING has inked an agreement with Pacific Century Group (PCG) to dispose of its underwriting business units in Hong Kong, Macau and Thailand for a combined consideration of $2.14bn (€1.64bn) in cash. Its insurance ...
Tags: ING, PCG, underwriting business
Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance
Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...
Tags: Aviva, insurance, shareholding, Dutch insurer
Dutch insurer Aegon has reported that its net profit for the first quarter of 2012 stood at €521m, with an increase of 59%, compared to a net profit of €327m during the same period a year ago. The underwriter said that its net ...
Tags: Aegon reports, net profit, insurer Aegon
KB Financial Group, one of the four largest wealth managers by assets, has reached the final stages of discussions with Dutch insurer ING to acquire its Korean insurance unit in a deal estimated to be worth $2.2bn. The Dutch underwriter ...
Dutch insurer ING has decided to offload all of its 54 million shares in Capital One Financial, a US based financial holding company, after disposing its US online banking unit earlier this year. The deal will be carried out at current ...
Tags: ING, Capital One, financial holding company
The Federal Reserve Bank of New York has sold over $4bn of packaged mortgage debt, further reducing a portfolio of assets associated with the bailout of Dutch insurer American International Group (AIG). Since the sales of the securities ...
Dutch insurer Aegon is planning to cancel its listing on the official list maintained by the UK Listing Authority and its admission to trading on the London Stock Exchange (LSE). Both cancellations are anticipated to take effect on 29 ...
Tags: Aegon, cancelled, common shares, life insurance, pensions