Investment Summary

MetLife Invests In AmLife Insurance Bhd

On December 19, 2013, MetLife invested in insurance company AmLife Insurance Bhd from Ammb Holdings for 256M USD

Investment Highlights
  • This is MetLife’s 5th transaction in the Insurance sector.
  • This is MetLife’s 5th largest (disclosed) transaction.
  • This is MetLife’s 1st transaction in Malaysia.

Investment Summary

Date 2013-12-19
Target AmLife Insurance Bhd
Sector Insurance
Investor(s) MetLife
Sellers(s) Ammb Holdings
Deal Type Stake Purchase
Deal Value 256M USD

Target

AmLife Insurance Bhd

Kuala Lumpur, Malaysia
AmLife Insurance Bhd provides insurance services.

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Investor(S) 1

Investor

MetLife

New York, New York, United States

Category Company
Founded 1863
Sector Insurance
Employees45,000
Revenue 66.4B USD (2023)
DESCRIPTION
The MetLife Tower in New York City.
The MetLife Tower in New York City.

MetLife is a global financial services and insurance company, offering clients planning, retirement, and savings solutions. MetLife was formed in 1863 and is based in New York City.


DEAL STATS #
Overall 8 of 12
Sector (Insurance) 5 of 7
Type (Stake Purchase) 1 of 1
Country (Malaysia) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-01 Administradora de Fondos de Pensiones Provida SA

Santiago, Chile

AFP Provida S.A. (“Provida”), the largest private pension fund administrator in Chile.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-18 MetLife Assurance

London, United States

MetLife Assurance Ltd., is a specialist bulk annuity pension provider, a pension risk transfer solutions.

Sell -

Seller(S) 1

SELLER

Ammb Holdings

Kuala Lumpur, Malaysia

Category Company
Sector Financial Services
Revenue 4.5B MYR (2024)
DESCRIPTION

AmBank Group is a financial services group providing services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, life insurance, family takaful, stock and share broking, futures broking, investment advisory and asset management services in unit trusts and real estate investment trusts. Ammb Holdings is based in Kuala Lumpur, Malaysia.


DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 2
Type (Stake Purchase) 1 of 1
Country (Malaysia) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 AmGeneral Insurance

Kuala Lumpur, Malaysia

AmGeneral Insurance is a motor and general insurance company with more than four million policyholders nationwide. The company generates business through a comprehensive range of general insurance solutions which are distributed through a wide-reaching network of customer service centres, agents and dealers, as well as through AmBank’s branches nationwide. AmGeneral Insurance is based in Kuala Lumpur, Malaysia.

Sell -