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Syarikat Takaful Malaysia says qtrly net profit 48.6 mln rgt

12:08pm BST

Oct 20 (Reuters) - Syarikat Takaful Malaysia Bhd ::‍Qtrly revenue 476.2 million rgt, qtrly net profit 48.6 million rgt.Year ago qtrly revenue 427 million rgt, year ago qtrly profit attributabale 44.9 million rgt‍​.

United Overseas Insurance posts qtrly profit attributable of S$5.4 mln

11:32am BST

Oct 20 (Reuters) - United Overseas Insurance Ltd :‍Q3 gross premium written S$23.7 million, down 3.0 percent ​.‍Qtrly profit attributable S$5.4 million, up 38.6​ percent.

Rosgosstrakh receives mandatory tender offer from Otkritie FC Bank

Thursday, 19 Oct 2017

Oct 19 (Reuters) - ROSGOSSTRAKH ::RECEIVES MANDATORY TENDER OFFER FROM OTKRITIE FC BANK, OFFERED PRICE IS RUB 0.432 PER SHARE.

Great Nigeria Insurance posts 9-month pretax profit of 814.5 mln naira

Thursday, 19 Oct 2017

Oct 19 (Reuters) - GREAT NIGERIA INSURANCE PLC ::9-MONTHS ENDED SEPT 2017 PROFIT BEFORE TAX‍​ OF 814.5 MILLION NAIRA VERSUS 640.1 MILLION NAIRA YEAR AGO.9-MONTH GROSS PREMIUM WRITTEN OF 2.85 BILLION NAIRA VERSUS 1.45 BILLION NAIRA YEAR AGO.

Uniqa CEO would like to make acquisition in existing markets

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Uniqa Insurance Group ::CEO says would like to grow inorganically in existing geographic footprint.

Taiwan's China Life to acquire traditional policies and riders spun off from Allianz Taiwan Life

Thursday, 19 Oct 2017

Oct 19 (Reuters) - China Life Insurance Co Ltd <2823.TW>:Says it plans to pay T$1 to acquire the traditional policies and riders spun off from Allianz Taiwan Life.Says it expects the transaction to enhance profitability through the increase of policies in force and assets.Says it expects its net profit can increase after the transaction is completed.Says the transaction is subject to approval from special shareholders' meeting and approval from regulators.Says it can assume statutory reserves of T$27.6 billion ($913.85 million) and corresponding assets of T$49.8 billion.

Brown & Brown acquires assets of Lapeyre, Staples & Robichaux

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Brown & Brown Inc :Brown & Brown Inc announces the asset acquisition of Lapeyre, Staples & Robichaux.Brown & Brown Inc - ‍brown & Brown of Louisiana LLC has acquired substantially all of assets of Lapeyre, Staples & Robichaux​.

Assurant to acquire the Warranty Group in transaction valued at $2.5 billion

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Assurant Inc :Assurant to acquire the Warranty Group in transaction valued at $2.5 Billion.Assurant Inc - ‍Assurant to acquire Warranty Group in transaction valued at $2.5 billion​.Assurant Inc - deal to be ‍modestly accretive to operating earnings per share in 2018 on a run-rate basis​.Assurant Inc - ‍transaction values Warranty Group at $1.9 billion in equity value​.Assurant Inc - ‍upon deal closing, Assurant Ltd. shares will trade on New York Stock Exchange under ticker symbol AIZ​.Assurant Inc - ‍senior management team of assurant will lead combined organization​.Assurant Inc - co will become a wholly owned subsidiary of Twg Holdings Limited, whose name will be changed to Assurant Ltd​.Assurant Inc - ‍Assurant shareholders will own about 77 percent of combined entity as existing shares of co are converted into shares of Assurant Ltd​.Assurant Inc - ‍existing Assurant Inc shares to be converted into shares of Assurant Ltd on a one-for-one basis​.Assurant-To finance cash consideration,repayment of $591 million of Warranty Group's debt through new debt,preferred securities to be issued after closing​.Assurant Inc - ‍assurant has entered into a commitment letter for a $1.0 billion bridge facility​.Assurant Inc - ‍assurant will also pay approximately $372 million in cash to TPG​.Assurant Inc - ‍by end of 2019, assurant expects to generate $60 million of pre-tax operating synergies from deal.

Chuou International Group to issue 234,704 new shares to shareholders

Wednesday, 18 Oct 2017

Oct 18(Reuters) - Chuou International Group Co Ltd <7170.T>:Says it plans to issue 234,704 new shares to shareholders, at the price of 390 yen per share, to raise 91.5 million yen in total.Says subscription period from Nov. 24 to Dec. 8 and payment date on Dec. 15.Proceeds will be used as operation fund .

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