Industry M&A

Nippon Life’s Resolution Life acquisition marks ‘steep change’ in overseas profile as AM Best affirms ratings

February 3 2026

The insurer posted JPY1 trillion (US$6.5bn) in core operating profit for FY ended 31 March 2025, but weaker unrealised gains on securities pulled its capital base down from last year's peak.

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Zurich discloses 1.47% stake in Beazley as takeover battle heats up

February 2 2026

A stock exchange filing revealed Zurich’s ownership of 8.87 million ordinary shares in Beazley.

Yebyeol General Insurance, Non-Life Insurance

KDIC clears 3 preliminary bidders for Yebyeol Non-Life bridge insurer

January 30 2026

Hana Financial Group, Korea Investment Holdings, and JC Flowers & Co. have been selected and will now have until 30 March to submit final bids.

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.

Philippine regulator PCC clears FPG–Mercantile merger worth $169m in GWPs

Philippine regulator PCC clears FPG and Mercantile merger

January 29 2026

The merged group will rank among the Philippines’ top four non-life insurers by gross written premiums, with a PHP10bn (US$175m) premium base.

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...

Australia's AUB Group to buy majority stake in UK broker Prestige for A$432m

January 27 2026

The transaction, subject to regulatory approval, marks AUB’s formal entry into the UK’s managing general agent sector.

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Prudential to lift stake in Malaysia life unit to 70% in US$375m deal

January 22 2026

The deal, which already has regulatory approval, will raise Prudential’s stake by 19%.

Beazley board unanimously rejects Zurich bid, says offer 'materially undervalues' company

January 22 2026

Lloyd's carrier says that latest offer was lower than a previous June 2025 proposal made by Zurich.

Zurich plots Lloyd's route even if Beazley bid fails — Report

January 21 2026

Amid its public bid for Beazley, Mario Greco told the FT that Zurich could launch a Lloyd’s syndicate as early as April.

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