A new report by Clyde & Co revealed that there was a fall in global insurance M&A deals in first half of 2025 with the APAC region being the third highest in terms of deals closed.
The Mediterranean and Gulf Insurance and Reinsurance Company (Medgulf) and Buruj Cooperative Insurance Company (Buruj) have entered into a binding merger agreement, both companies announced in separate statements lodged with the Saudi bourse (Tadawul) on 26 July.
Discussions are underway among stakeholders in the reinsurance sector to develop a plan for the consolidation of state-owned reinsurers in Indonesia.
The Brown Family has announced the full acquisition of Prudential Plc's operations in Francophone Africa. These operations, previously a joint venture between Prudential and the the pan-African group Beneficial, now operate under the new identity: Belife Insurance.
The volume and value of merger and acquisition (M&A) transactions across Asia rose in 2024, after M&A activity fell in 2023, according to Aon in a report titled "2025 Transaction Solutions Global Claims Study: Managing Deal Risk to Secure Investments and Enhance Returns".
A high incidence of disclosure-related breaches as well as a consistent relatively high frequency of claims in smaller transactions have been observed particularly in Australia and New Zealand (ANZ), according to Aon's report titled "2025 Transaction Solutions Global Claims Study: Managing Deal Risk to Secure Investments and Enhance Returns".
Yallacompare, the UAE-based leading online insurance comparison platform company, has joined COMIN Insurance to form the largest InsurTech group in the region.
Afma Group aims to take full control of the local insurance broking company SAFE ASSUR with the acquisition of the remaining 49% of shares in the latter that it does not already own.
Although claims frequency in Asia for merger and acquisition (M&A) deals are still lower, as compared to more mature regions, there has been a steady rise in the rate of notifications across Asia with insureds becoming more aware of their claims entitlements as well as the benefits of commencing the claims process early and in accordance with the claims notification requirements.
Howden has acquired a 68.3% stake in Japanese retail insurance broker, Holos Holdings.