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Wednesday, August 12, 2026
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Capital management
Kyobo Life weighs US$212m acquisition of AXA General Insurance — report
August 12 2026
South Korean insurer has been evaluating opportunities to enter the non-life market.
Mandarin Re lifts capital to US$26m, sees growth opportunities in underserved markets
August 11 2026
The Labuan-based reinsurer plans to deploy additional capital to fill capacity gaps left by competitors retreating from certain countries and regions amid a softening market.
Tongyang Life becomes wholly owned Woori Financial subsidiary after share swap
August 11 2026
The deal ends Tongyang Life’s roughly 17-year run as a listed company, with delisting expected at the end of August.
WTW appoints Jayne Bok head of Hong Kong and Macau
August 11 2026
Bok keeps her regional investments remit as she takes charge of a market WTW has served for more than 50 years.
KDB Life draws final bids from Hanwha Life, Heungkuk Life and Korea Investment — report
August 10 2026
Samsung Life and Kyobo Life have reportedly dropped out of the final round despite preliminary interest.
Canada Life Re opens Singapore regional office, names Wil Chong CEO of Asia Pacific
August 7 2026
The capital relief specialist formalises its Asia Pacific presence with a standing local entity.
Prudential Financial targets US$3bn from emerging-market exits
August 6 2026
The insurer plans to focus on its Japan, US, and Europe operations and redirect resources to capital-light businesses.
Tongyang Life to proceed with Woori share swap despite buyback threshold breach
August 5 2026
Shareholder appraisal claims reached KRW204.57bn (US$144m), slightly above the KRW200bn threshold that could have allowed the deal to be terminated.
MNRB to sell direct takaful arms to Bank Rakyat for US$400m
August 5 2026
Malaysian Re's parent will divest Takaful IKHLAS Family and Takaful IKHLAS General to the cooperative bank, and keep its retakaful business.
Sompo Life Re secures Bermuda licence, writes intra-group deal for first transaction
August 4 2026
Tetsuya Morito has been named CEO and executive director of the new reinsurer.
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