Editorial team – (Re)in Asia

Editorial team

FWD Group reportedly revives Hong Kong IPO plans

June 6 2024

Sources told Reuters that Richard Li plans to list pan-Asian insurer in Hong Kong, targeting a valuation of up to US$9bn depending on market conditions.

Australia: Rivers Insurance Brokers acquires IOOF

June 6 2024

The acquisition positions the business as one of Queensland’s larger privately owned brokerages, Rivers said.

Allianz Australia promotes Kim Nguyen to National Relationship Manager

June 6 2024

Nguyen has been with Allianz Australia for eight years.

EQC secures NZ$9.2bn in natural hazard reinsurance

June 6 2024

NZ$9.2bn (US$5.7bn) reinsurance cover marks an increase of nearly NZ$1bn from previous year's total.

japanese-life-insurers-to-maintain-strong-profitability-and-mampa-activity-in-fye25-fitch

Japanese life insurers to maintain strong profitability and M&A activity in FYE25: Fitch

June 6 2024

Core profits for Japanese life insurers rose by 35% last financial year, with Fitch Ratings forecasting continued strong profitability.

RBI greenlights Zurich's 70% stake acquisition of Kotak General

June 6 2024

55.6bn rupees (US$667m) acquisition from Kotak Mahindra Bank, initially announced in November, and now set to be completed in a single tranche.

Medibank being sued by privacy watchdog over 2022 data breach

June 5 2024

Office of the Australian Information Commissioner alleges health insurer failed to take reasonable steps to protect the personal information of 9.7m customers.