Industry M&A

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South Korea’s Kyobo Life set to secure majority stake in SBI Savings Bank: Reports

April 25 2025

Insurer's planned acquisition marks its strategic shift towards being a more diversified financial services holding company.

Carlyle-backed Ignyte Insurance launches global specialty platform

April 25 2025

Formed after the sale of NSM’s US commercial division, Ignyte now manages over US$650m in premiums in niche specialty segments across the US, Europe, and Australia.

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MS&AD to invest $5bn to double North American profits: Report

April 23 2025

CEO Shinichiro Funabiki tells Bloomberg the insurer is looking to bolster its overseas business to address headwinds in Japan.

MNRB considers takaful sale amid renewed interest: Report

April 22 2025

The potential sale has reportedly attracted interest from local banks and global insurers eyeing Malaysia’s takaful market.

Fitch Upgrades Shin Kong Life's National IFS Rating to 'A+' with a positive outlook

April 18 2025

Upgrade, positive outlook driven by profit turnaround, improved capitalisation under TW-ICS, and upcoming strategic merger with Taishin Life.

SBI to increase Kyobo Life stake, crossing 20% threshold: Report

April 17 2025

Following the transaction the company will be the insurer’s largest shareholder aside from its chairman.

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Markel to acquire marine MGA MECO

April 16 2025

Markel set to strengthen its marine insurance offerings, enhancing its presence in Asia Pacific and Europe.

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Hannover Life Re to acquire Swiss Re’s direct life portfolio in Australia

April 11 2025

Move marks Swiss Re's complete exit from its iptiQ operations in the Asia Pacific region.

accc-delays-decision-on-iagracq-and-allianzraa-insurance-deals

ACCC delays decision on IAG–RACQ and Allianz–RAA deals

April 10 2025

Regulator says it wants to gather further information before making a decision.

regulator-fines-japans-major-non-life-insurers-for-price-fixing

Japanese insurers ramp up overseas growth as local market slows: AM Best

April 7 2025

US subsidiaries wrote over US$68bn in premiums in 2024, with annuities and diversified product lines driving growth.

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