Capital management

meiji-yasuda-completes-2-3bn-purchase-of-lgs-us-insurance-business

Meiji Yasuda completes US$2.3bn purchase of L&G’s US protection and pension businesses

February 5 2026

The transaction, first announced in February 2025, covers both US protection and pension risk transfer units, and will see the Japanese insurer also take a 5% economic stake in L&G itself.

zurich-and-beazley-confirm-agreement-in-principle-on-possible-8bn-takeover

Zurich and Beazley reach agreement in principle on possible £8bn takeover

February 4 2026

Beazley’s board says it is inclined to recommend Zurich’s latest cash offer, subject to due diligence and regulatory approvals.

regulators-sharpen-focus-on-fast-growing-asset-intensive-reinsurance-deals

Regulators sharpen focus on growing asset-intensive reinsurance market

February 4 2026

As AIR volume and complexity surge, insurers face rising scrutiny over collateral, counterparty and recapture risks.

china-mulls-special-bond-recapitalisation-for-major-insurers-report

China mulls special-bond recapitalisation for state-owned insurers — report

February 2 2026

Fresh capital backing could be delivered via a 200bn yuan (approx. US$29bn) special-bond raise, Bloomberg reports.

Korea's core capital reforms to spur capital adjustments, but near-term impact remains limited

February 2 2026

Mandatory core capital rule from January 2027 targets heavy hybrid use, raising refinancing pressure, but is viewed as credit positive with limited near-term ratings impact.

Zurich Australia to divest investment arm to Russell Investments

January 30 2026

The deal will add nearly A$2bn in funds under management to Russell’s Australian wealth business, with completion targeted for end-Q1 2026.

Japan’s mid-sized life insurers hold back from super-long JGBs as volatility and scrutiny persist

January 29 2026

Insurers including Fukoku and Daido are favouring 10–15-year paper for now, while regulators seek clarity on unrealised bond losses.

Beazley’s two-decade cyber business is the true target in Zurich’s £7.7bn bid — Huntington

January 29 2026

The latest multi-billion offer from Zurich Insurance is seen as a tactical attempt to capture Beazley's dominant cyber franchise while testing the board’s resolve with a valuation lower than previous private...