Strategy

Woori Bank building in South Korea with blue sky background.

Tongyang Life to proceed with Woori share swap despite buyback threshold breach

August 5 2026

Shareholder appraisal claims reached KRW204.57bn (US$144m), slightly above the KRW200bn threshold that could have allowed the deal to be terminated.

Julian Yu, Sun Life's new chief actuary in Vietnam, in front of Ho Chi Minh City skyline.

Sun Life appoints Julian Yu as chief actuary in Vietnam

August 5 2026

Yu joins from Sun Life Hong Kong, where he served as chief product officer.

Bank Rakyat building in Malaysia with Malaysian flag, related to MNRB's Takaful sale.

MNRB to sell direct takaful arms to Bank Rakyat for US$400m

August 5 2026

Malaysian Re's parent will divest Takaful IKHLAS Family and Takaful IKHLAS General to the cooperative bank, and keep its retakaful business.

S&P expects Liberty China to outpace industry growth over next two years

August 5 2026

The insurer's push into non-motor and commercial lines is expected to help it grow faster than China's broader P&C market.

Sydney skyline with skyscrapers and Harbour Bridge at sunset, Australia.

Ignite Specialty Risk enters Australia, appoints Lucinda Stormont-Sainsbury to lead operations

August 4 2026

The former HDI executive brings 15 years of experience across insurance and legal disciplines spanning Asia-Pacific and the Middle East.

Tall skyscraper in Japan with a red sign and blue sky.

Sompo Life Re secures Bermuda licence, writes intra-group deal for first transaction

August 4 2026

Tetsuya Morito has been named CEO and executive director of the new reinsurer.

Stephen, Indonesia CEO, appointed by Aon, in front of Jakarta skyline.

Aon taps Stephen as Indonesia CEO

August 4 2026

He joins from Zurich Indonesia, where he served as Chief Underwriting Officer.

Gallagher Re names Luc Morement managing director, facultative for APAC

August 3 2026

The appointment adds a regional head to a practice the broker has been looking to expand since creating a global chief executive for the line 12 months ago.

Modern office building with blue glass windows and a large EtIqa sign on the roof, featuring a yellow smile beneath the letters.

Maybank to take full control of Etiqa in US$1.2bn Ageas buyout

August 3 2026

The billion-dollar deal will be financed through Maybank's internal and external funding and is expected to close in 2026.

SEADRIF appoints Felicia Khoo as strategic development lead

August 3 2026

She joins after over two years with Swiss Re, where she was senior regulatory risk manager and vice-president.

Specialist Risk Group promotes Joanna Goh to Asia head of strategy and growth

August 3 2026

She joined SRG in January as principal for facultative reinsurance in Asia

Iconic white sails of the Sydney Opera House beside Sydney Harbour with a city skyline and blue sky behind it.

Steadfast extends takeover talks with Amwins-Dragoneer-KKR consortium

August 3 2026

The exclusivity period has been extended until 19 August to allow the parties to complete remaining due diligence.

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