Following a series of failed bids, Zurich has now agreed terms to create a specialty insurance business with about US$15bn in annual gross written premiums.
Despite headwinds from interest rate normalisation and yen depreciation pressures, Japanese life insurers continue to demonstrate sound fundamentals and broadly stable premium levels.
A strategic review of HSBC’s Singapore insurance manufacturing business appears to be picking up pace, as the group is said to be seeking buyers for the unit while retaining its local distribution net...
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing...
The deal, expected to close in the coming days, will see Japanese insurer leverage Aspen’s Lloyd’s syndicate and capital markets platform to boost its international growth strategy.
Zurich has secured an extension to make a formal takeover offer for the British speciality insurer after the parties confirmed an agreement in principle earlier in the month.
