News Regional

Hanwha Life completes acquisition of 40% stake in Indonesia's Nobu Bank

Hanwha Life announced that it has officially become a major shareholder with management rights in Nobu Bank by acquiring a 40% stake previously held by Indonesia's sixth-largest conglomerate, the Lippo Group.

Reva Ganesan | 01 Jul 2025

India: Warburg Pincus exploring sale of stake in India's SBI General Insurance

US- based private equity firm Warburg Pincus is reportedly in discussions to sell its 10% stake in SBI General Insurance, the general insurance arm of State Bank of India, according to a Bloomberg News report, citing sources familiar with the matter.

Reva Ganesan | 24 Jun 2025

Indonesia: Central Bank to give US$4.8bn in liquidity flexibility

Indonesia's central bank will reduce the secondary reserve requirement from 5% to 4% starting in June, a move that will free up IDR78.45tn ($4.84bn) in liquidity for banks to manage more flexibly, according to a senior official.

Reva Ganesan | 27 May 2025

South Korea: Local insurers' operations abroad turn to profits in 2024

The overseas businesses of South Korea's domestic insurance companies turned a profit in 2024. Their combined net income turned around by $173.4m from a loss of $14.3m in 2023 to $159.1m, according to a statement released by the...

AIR team | 14 May 2025

Asia: Composite insurance rates fall in 1Q2025, the 5th consecutive quarter of negative growth

Reva Ganesan | 06 May 2025

Nominations are now open for the prestigious Asia Insurance Industry Awards

AIR team | 03 Apr 2025

Asia Pacific: Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns

AIR team | 17 Dec 2024

ASEAN: Bright growth outlook for private health insurance

AIR team | 27 Nov 2024

Past Articles

Asia Pacific: Survey sheds light on Gen Z's insurance awareness level and other traits

22 Nov 2024

Asia Pacific: Allianz maintains momentum with double-digit growth in first 3 quarters

22 Nov 2024

Insurance M&A in Asia balances market volatility and technological advancements

12 Nov 2024

Asia Insurance Industry Awards 2024 winners receive their laurels

05 Nov 2024

Asia Pacific: Opportunities exist in accident & health, cyber, and electric vehicle insurance

04 Nov 2024

Govt to loosen rules to encourage insurers and other FIs to build Taiwan into Asian asset management hub

31 Oct 2024

Asia: Composite insurance rates drop further in 3Q2024, with falls in all major lines

25 Oct 2024

Asia: Actuaries are the bridge between technology and risk

24 Oct 2024

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