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Axa, ING Form Bancassurance Partnership in Europe and Australia
Czech Republic), Axa said in the email. "For Australia and Austria, we will be supported by a local insurance partner." Axa said the partnership does not involve any staff changes ...
Source: BestWire Date: June 13, 2018
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ING Life Korea Plans to Raise Nearly US$1 Billion From IPO
Life Insurance Korea Ltd. plans to raise about 1.1 trillion won (US$977 million) from its initial public offering on the Korea Exchange, according to the insurer's statement filed ...
Source: BestWire Date: April 26, 2017
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CCB Property & Casualty Commences Business in China
Property & Casualty Insurance Co. Ltd. has commenced business in China with total registered capital of 1 billion yuan (US$148 million). The launch of CCB P&C marks a milestone for ...
Source: BestWire Date: October 25, 2016
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ING Completes Divestment of NN Group
Group and NN Group are both based in Amsterdam. The sale of ING's last holding in NN Group "marks the final step in ING's repositioning as a leading European bank," Ralph Hamers, ...
Source: BestWire Date: April 15, 2016
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CCB Life Cleared to Set Up Nonlife Company in China
Ningxia province in northwestern China. CCB Life, Ningxia Transportation Investment Co. Ltd. and Yinchuan Communications Capital Investment Co. Ltd. are approved to set up CCB ...
Source: BestWire Date: April 7, 2016
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ING Gains $1.08 Billion as It Further Cuts Stake in NN
Commission that was amended on Nov. 16, 2012. ING aid the divestiture will be complete by the end of 2016. As part of the divestiture process, ING previously also sold shares of NN ...
Source: BestWire Date: January 6, 2016
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ING Group Sells Remaining Stake in Voya Financial
Group as part of the underwritten offering. The offering and the repurchase will result in the sale of all of the 45.6 million shares, reducing ING Group's stake in Voya at the ...
Source: BestWire Date: March 4, 2015
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Taiwan's Regulator Closely Following Global Regulatory Reforms
Financial Supervisory Commission. Reviews are underway for regulations such as the valuation of insurance liability, risk-based capital framework, corporate governance, enterprise ...
Source: BestWire Date: January 16, 2015
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ING Group Raises €2 Billion From IPO of NN Group
Euronext Amsterdam on July 2 under the symbol "NN." At the time, ING called the move a "milestone in its restructuring and phased withdrawal from the insurance to investment ...
Source: BestWire Date: July 7, 2014
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