QBE Insurance Group, the Australia-headquartered general insurer and reinsurer, is poised to take full ownership of Raheja QBE General Insurance Company, pending regulatory clearance.
The boards of Zurich and Beazley announce that they have agreed the terms of a recommended all-cash offer by Zurich for the entire issued and to be issued share capital of Beazley.
Miller, the independent specialist (re)insurance broker, has agreed to acquire Shields Reinsurance Brokers (Shields", an independent reinsurance broker based in Dubai, subject to regulatory approval.
Chubb's consistent operational support for its subsidiary Huatai Property & Casualty Insurance Co (Huatai P&C) is one factor for Fitch Ratings' upgrading of the insurer's Financial Strength (IFS) Rating to 'AA-' from 'A+'. The outlook is 'Stable'.
Malath Cooperative Insurance and Liva Insurance (KSA) have announced via the Saudi Exchange that they have agreed to extend a Memorandum of Understanding (MoU), regarding a potential merger between them. The extension is for a month until 23 March 2026.
Zurich Financial Services Australia will acquire ClearView Wealth (ClearView) through a scheme of arrangement.
Sompo Holdings announced in an 18 February press release that it has received the necessary antitrust and insurance regulatory approvals to complete its previously announced acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings.
M&A activity in the APAC region's insurance industry is predicted to surge A new study has predicted a surge over the next three years, according to a study by Idaho-headquartered FinTech company, Clearwater Analytics. The study states that industry consolidation is inevitable as firms seek competitive advantages.
Daiichi Life and Infinity General will collaborate to strengthen the domestic insurance industry in Cambodia.
Pakistan's Securities and Exchange Commission (SECP) has greenlit Jazz International Holding Limited's acquisition of a controlling stake in TPL Insurance Limited.