Insurance Sector

  • A foreign insurance company on its potential establishment of a life insurance joint venture with a controlling stake.
  • Morgan Stanley on its investment in Zhong An Insurance, the first insurance company in China approved to carry out internet insurance business.
  • CP Group on its acquisition of a 15.57% stake in Ping’An.
  • BNP Paribas Cardif on its acquisition of a 50% stake in ING-BOB Life Insurance Company from ING.
  • The Carlyle Group on its initial investment in a 24.9% stake in China Pacific Life as a strategic investor and on the subsequent conversion of its investment to 19.9% in its parent company, China Pacific Insurance.
  • The National Trust on the RMB1 billion agreement to establish a life insurance joint venture with HSBC to provide a life insurance platform for HSBC in China.
  • A Fortune 500 private group on its various proposed investments in the European insurance sector, including acquisition of majority shares in three insurance companies and its public offer to acquire shares in a listed insurance company via competitive bid.