The acquisition of the Melbourne-headquartered broker will strengthens Marsh's corporate, real estate, and strata presence in Australia and New Zealand.
Nippon Life is set to acquire 99.6% shares of the holding company of leading nursing care business Nichiigakkan for US$1.41 billion, as it seeks to diversify due to Japan's ageing demographic.
AM Best maintains stable outlook for Vietnam's non-life market, anticipating long-term benefits from regulatory changes made in early 2023.
Prudential's investment business is reported to be the market at a 100 billion won price tag amid a challenging economic environment.
FY23 profit increase helps maintain strong ratings in face of weakening combined ratio, rising nat cat concerns, and possible impacts of the banking arm sale.
Malaysian conglomerate MAA Group divests 85% of MAA General Assurance Philippines to Triple P for approximately US$49.3m.
Howden Group acquires controlling interest in Sydney-based HQ Insurance to reinforce its global bloodstock insurance capabilities in the equine sector.
Steadfast Group invests AU$149m (US$97m) in MGA, as part of deal seen as a strategic move to broaden its footprint in regional Queensland.
Ping An Insurance said Reuters report, alleging Chinese authorities directed the insurer to assume control of embattled property developer Country Garden, is 'completely untrue'.
Sumitomo Life injects further SG$180m (US$133m) into Singlife, while in the midst of finalising US$900m acquisition of Aviva Group's stake in the Singaporean insurer.