Brokers will have 12 months from commencement to fully implement transition requirements covering strata, remuneration disclosure, vulnerable clients, record-keeping and renewals.
The regulator said Anatoly's promoter failed to disclose his links to a corporate agent whose licence renewal was refused in 2025 over false declarations and net-worth violations.
The Hong Kong reinsurer posted a 91.0% non-life net combined ratio in 2025 and lifted net profit to HK$1.3bn (US$167m) on higher underwriting and investment results.
Favourable claims development on its non-life book and robust margins from a growing life business lifted underwriting performance at the Philippines’ sole domestic reinsurer.
The deal values the Australian retirement income business at approximately A$7.94bn (US$5.53bn) and follows Dai-ichi Life's proposed acquisition of New Zealand's Fidelity Life.
Steady flows of higher-margin protection business feed the largest in-force contractual service margin among Korean life insurers, underpinning stable insurance profit.
