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Tuesday, August 11, 2026
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Industry M&A
Woori Financial Group selects CEOs for Tongyang Life, ABL Life: Reports
May 20 2025
Group is set to acquire both insurers later this year.
MTAA voices fresh motor club insurance concerns over IAG-RAC deal
May 19 2025
This is the third proposed acquisition of a motor club insurance business in six months.
Michael Chang takes helm as Head of Investment at Eastspring Malaysia
May 15 2025
Chang was the Chief Investment Officer at RHB Asset Management before joining the firm.
IAG to acquire RAC Insurance in A$1.35bn deal with 20-year distribution agreement
May 15 2025
Deal is expected to add around A$1.5bn (US$965m) in GWP to IAG’s portfolio.
India may revive merger of state-run general insurers: Report
May 9 2025
The merger would create the largest general insurer as state-run insurers face declining market share.
Woori Financial receives conditional regulatory approval to acquire Tongyang Life, ABL Life
May 5 2025
Decision follows months of review and includes oversight to ensure Woori implements internal reform and capital plans.
South Korea's Hanwha General Insurance increases stake in Carrot to 98.3%
May 1 2025
Hanwha increases its stake in the digital non-life insurer from 88.3% with KRW 205.6bn (US$144.43m) share acquisition.
Bajaj Group moves to buy out Allianz’s 26% stake in Indian insurance JV for US$2.9bn
April 30 2025
Bajaj Finserv seeks CCI approval to take full control of the general insurance and life entities.
ACCC sets new date for IAG-RACQ, Allianz-RAA acquisition findings
April 29 2025
Watchdog sets 22 May as provisional date to announce final decisions or release statements about concerns.
India to put forward FDI cap bill in Parliament during upcoming monsoon session: Reports
April 28 2025
Authorities first announced plans to raise the FDI cap in November.
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