Insurance companies in 2021: creations, mergers and acquisitions
Creations / Mergers / Acquisitions
- February:China :
- Allianz: establishment of an insurance asset management firm in China
- Allianz (China) Insurance Holdings to acquire Allianz China Life Insurance United States : RGA to acquire 100% of HLAC France : Macif to acquire Aviva France Guinea :Establishment of the brokerage company Galanwel Courtage d'Assurance
Iran : Tehran Reinsurance Company: new reinsurance company Qatar : Oman Re to settle in Qatar - March:South Africa : Santam increases its stake in Mirabilis to 100% Italy : Allianz to acquire Aviva's non-life activities Kenya : Liberty Holdings to increase its stake in Liberty Kenya Holdings
Poland : Allianz to acquire Aviva's insurance activities Tunisia :
- CARTE group finalizes the acquisition of 39% of UBCI
- Poulina finalizes the acquisition of 34% of BH Assurance’ capital - April :
- May:South Africa : Guardrisk granted license in South Africa Saudi Arabia : Merger between Saudi Enaya and Amana United States : Berkshire Hathaway acquires a stake in Aon France : Aéma signs a definitive agreement for the takeover of Aviva France Kenya :
- Allianz finalizes the acquisition of 66% of Jubilee General Insurance
- Holmarcom acquires 51% of the capital of Monarch Insurance Italy : Generali: takeover bid for Cattolica Morocco : Sanlam to increase its stake in Saham Assurance Maroc - June:South Africa : Sanlam to acquire the life activities of Alexander Forbes Life United Arab Emirates : Chinese insurer to operate in Dubai Kuwait : Kuwait Insurance Company: life subsidiary in Egypt Central African Republic : Acam Vie s’installe en Centrafrique DR Congo : Activa Assurances to create a life subsidiary in the DRC
- July:July : Transfer/acquisition: Sanlam and NSIA consolidate their positions in Africa South Africa : SCR opens a representative office in Johannesburg Saudi Arabia :
- Marsh opens hub in Saudi Arabia
- Merger between Alahli Takaful and Arabian Shield Burkina Faso : LGA-A, a new insurance broker in Burkina Faso United States : Auto Club MAPFRE Insurance: new insurance company India : HDFC Life acquires Exide Life Insurance Lebanon : Merger between two Lebanese insurance companies Malte : IGI opens a subsidiary in Malta Morocco :
- Wafa Assurance opens a life subsidiary in Egypt
- IFC to acquire a stake in Holmarcom Insurance Activities World :
- The European Commission approves the Aon-Willis merger
- NN Group acquires MetLife's activities in Poland and Greece Nigeria : AMCON to acquire Nicon Insurance and Nigeria Re's operations Rwanda : Zep Re opens an office in Rwanda - October:Saudi Arabia : Aon to open a reinsurance brokerage subsidiary Bahrain : Merger between Solidarity Bahrain and t'azur France : Aéma finalizes the acquisition of Aviva France Guinea : NSIA Assurances Guinée launches NSIA Sonoya Italy :
- Allianz completes the acquisition of Aviva's P&C business in Italy
- The European Commission approves the acquisition of Cattolica by Generali World : Chubb acquires Cigna's life, accident and supplementary health activities Nigeria : AfricInvest to acquire a stake in Royal Exchange General Insurance Company (REGIC) Nigeria Uganda : Allianz, majority shareholder of Jubilee Insurance Company of Uganda Switzerland : AXA launches an insurtech in Switzerland Tunisia : The BNA acquires a majority stake in AMI Assurances - November:Saudi Arabia : Merger between ALJIBC and StarCare Insurance Brokers China : Allianz China Holding closes acquisition of Allianz China Life Côte d’Ivoire : Allianz Technology sets up in Côte d'Ivoire United Arab Emirates : Gen Re sets up office at DIFC India : Willis Towers Watson increases its stake in its Indian subsidiary to 100% World : Merger between Siaci Saint Honoré and Diot finalized Senegal : Générale Assistance Sénégal launch in Senegal
- December:South Africa : Guy Carpenter and Marsh merge their South African operations World : Covéa and Exor sign a final agreement to acquire PartnerRe World :
- Arthur J. Gallagher completes the acquisition of Willis Re
- Allianz completes the acquisition of Aviva's operations in Poland and Lithuania DR Congo : AGEAS AKOR Sarlu, new general insurance agent
