The government of Zambia has used a $600m loan from the African Development Bank (AfDB) Group, coupled with its own resources, to buy back a $1.36bn sovereign Eurobond.
Aon has appointed Mr Sean Deehan as CEO of Strategy and Technology Group for APAC.
China Life Insurance has acquired a long-vacant commercial plot in Beijing's central business district for CNY2.99bn ($441m), taking over an asset previously owned by a consortium led by the failed Anbang Insurance Group.
The Philippine pre-need industry saw its total net worth increase by 12.18% to PHP32.36bn ($528m) at the end of the first quarter of 2026, from PHP28.84bn recorded in the same period last year.
China's insurers are being pushed further up the risk curve amid low interest rates and credit volatility stemming from property sector distress and vulnerabilities among local government financing vehicles,says S&P Global Ratings (S&P).
The momentum of insurance funds investing in asset-backed schemes (ABS) has slowed significantly so far this year, with both investment scale and volume seeing year-on-year declines.
The Indonesian General Insurance Association (AAUI) has indicated that the non-life insurance market would likely find it difficult to improve investment returns this year.
Japan's insurers turned net sellers of superlong government bonds in May, reversing their early fiscal-year buying as yields climbed to multidecade highs and volatility increased in the market.
Chinese insurers are pivoting rapidly toward the private equity secondary market, driving a wave of large-scale investments to counter prolonged low domestic interest rates.
Six life insurance companies--China Life, Ping An Life, Taiping Life, Taikang Life, Taiping Life, and PICC Life--have been approved as the first batch of insurers to carry out Southbound Connect bond investments.