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Ageas to Sell Malaysia Joint Venture Stake for $1.27 Billion
Maybank throughout this period." Ageas said it entered the Malaysian market in 2001 through the JV with Maybank and expanded its activities into Singapore in 2014. The company, ...
Source: BestWire   Date: August 3, 2026
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Insurance Australia Updates Strategy Ahead of RAC Acquisition
Insurance Australia Group Ltd. announced a refreshed strategy and long-term financial targets as part of an "Ambition 2030" plan launched at its Investor Day conference. Under ...
Source: BestWire   Date: May 12, 2026
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Australian Regulator Extends Probe Into IAG Acquisition of RACI
Insurance Australia Group Ltd.'s proposed acquisition of RAC Insurance, citing the regulator's concern the deal could lessen competition. The probe "requires an in-depth Phase 2 ...
Source: BestWire   Date: April 17, 2026
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Ageas Boosts Second-Half Profit With Esure, Nonlife Gains
The acquisition will create a top U.K. personal lines insurer with more than seven million customers and a presence in motor and home insurance, Ageas said at the time. Esure will ...
Source: BestWire   Date: February 25, 2026
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Weather Losses in Newly Acquired Business Dent Insurance Australia Profit
Insurance Australia Group Ltd. posted lower fiscal first-half profit on weather losses in a recently acquired business before the unit was included in the group's reinsurance ...
Source: BestWire   Date: February 12, 2026
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Ageas Re Sees Jan. 1 Renewals Gain, Warns on Softening Market
Ageas Re said it expanded its portfolio and inflows rose 84% at Jan. 1 reinsurance renewals despite what it called a market that softened more rapidly than anticipated as ...
Source: BestWire   Date: January 23, 2026
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Ageas Raises Profit Outlook on China Taiping Development
China Taiping Insurance Holdings. The updated guidance results in a positive one-off impact on deferred taxes included in the full-year 2025 results of Ageas's Chinese joint ...
Source: BestWire   Date: January 19, 2026
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Australian Competition Commission Opposes IAG Acquisition of RACI
Royal Automobile Club of Western Australia Inc. "Following a detailed investigation, the ACCC has concluded that the proposed acquisition would likely result in a substantial ...
Source: BestWire   Date: December 11, 2025
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Ageas Acquires Remaining Stake in Belgium's AG From BNP Paribas for $2.21 Billion
Ageas UK earlier completed its acquisition of U.K. insurtech esure Group plc from private equity firm Bain Capital in a cash deal worth £1.295 billion ($1.72 billion) (BestWire, ...
Source: BestWire   Date: December 8, 2025
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Insurance Australia Group: Recent Storms Generate More Than 10,000 Claims
Insurance Australia Group Ltd.'s chief executive officer said the group received more than 10,000 claims from weather events since its annual general meeting on Oct. 23. The group ...
Source: BestWire   Date: November 11, 2025
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Ageas UK Completes $1.74 Billion Acquisition of Insurtech Esure Group
Ageas UK has completed its acquisition of U.K. insurtech esure Group plc from private equity firm Bain Capital in a cash deal worth £1.295 billion ($1.74 billion). The ...
Source: BestWire   Date: September 30, 2025
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Citing Competition, Australian Group Opposes Second IAG Auto Insurance Acquisition
Insurance in South Australia. "If the IAG RAC Insurance deal is approved, three large member-based insurers will have disappeared in less than 12 months," the MTAA said. "This is ...
Source: BestWire   Date: September 22, 2025
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Australia's Competition Regulator Probes IAG-RAC Western Australia Proposal
Insurance Australia Group Ltd.'s proposed acquisition of RAC Insurance Pty Ltd. from the Royal Automobile Club of Western Australia Inc. The competition regulator released a ...
Source: BestWire   Date: September 4, 2025
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Insurance Australia Closes on $556.4 Million RACQ Acquisition
Hawkins said earlier (BestWire, Aug. 13, 2025). "When completed, the combination of these strategic alliances is expected to add around A$3 billion in GWP, increase insurance ...
Source: BestWire   Date: September 2, 2025
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Ageas to Acquire UK Insurtech Esure for $1.7 Billion
Belgian insurance group Ageas SA/NV said it will acquire U.K. insurtech esure Group plc from private equity firm Bain Capital for £1.295 billion ($1.7 billion) in a cash ...
Source: BestWire   Date: April 14, 2025
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Ageas Agrees to Acquire Saga Underwriting Business Acromas, Form Affinity Partnership
Ageas SA/NV said it will acquire Saga Services Ltd.'s insurance underwriting business, Acromas Insurance Co. Ltd., and distribute personal lines motor and home insurance to Saga's ...
Source: BestWire   Date: December 17, 2024
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Ageas Directs Reinsurance Underwriting Through New Zurich Branch
Ageas Re, said in a statement on LinkedIn. "For our clients and partners this means no change in terms of security of the risk carrier, the risk carrier continues to be Ageas SA/...
Source: BestWire   Date: November 12, 2024
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Ageas Has Entered Negotiations With UK Over-50 Specialist Saga on Partnership, Acquisition
July 31 across its motor and home insurance products. The deal represents a total cash payment of £147.5 million subject to completion adjustments and with additional contingent ...
Source: BestWire   Date: October 11, 2024
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Ageas Posts 20.9% Rise in First-Half Net Profit
The nonlife combined ratio worsened to 94.1 from 93.3. Significant growth in life was "bolstered by a solid increase in inflows in Asia and a strong recovery in Europe," Chief ...
Source: BestWire   Date: August 28, 2024
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Backed by Honey Insurance, Grocery Retailer Aldi Launches Personal Lines in Australia
Australian shoppers, the company said. Customers can get a quote in three minutes, it said. "With the launch of Aldi Insurance, we're bringing our expertise in competitive pricing ...
Source: BestWire   Date: June 5, 2024
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