Willis, a WTW business, has appointed Mr Vijay Nair as head of tax insurance for APAC. This newly created role is in Willis' M&A business within the financial, professional and executive risks specialty business.
Mergers and acquisitions (M&A) activity in the Asia-Pacific insurance industry slowed in the third quarter, according to analysis from ratings agency S&P Global.
Japan-based insurer Tokio Marine Holdings has completed its acquisition of Ignyte Insurance's US collector vehicle insurance agency, the firm announced in a 4 November press release. The transaction was executed through its wholly owned subsidiary, Philadelphia Insurance Companies (PHLY), for $615m.
Egypt Kuwait Holding (EKH) has announced the completion of the sale of its entire 63.39% stake in Delta Insurance to Morocco's Wafa Assurance, under the latter's mandatory tender offer.
Japanese insurer Nippon Life Insurance (Nippon Life) has completed its acquisition of global life insurance group Resolution Life, the latter announced in a 31 October 2025 press release.
Global investment and insurance organisation Starr Insurance Holdings has acquired IQUW Group in a bid to expand the latter's classes of business that Starr underwrites, positioning the combined company for growth across a broader range of global market segments.
Blackstone, a global private equity giant, has acquired a 70% stake in New Delhi-based Ace Insurance Brokers in one of the largest transactions in India's insurance intermediary market, according to news platform, the Financial Express.
AIG has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group's retail insurance portfolios worldwide, representing in aggregate approximately $2bn of premium.
The Saudi Stock Exchange (Tadawul) has announced the suspension of trading in Buruj Insurance Company (Buruj) shares, pending the commencement of procedures to delist the stock permanently, following the merger of Buruj with the Mediterranean and Gulf Insurance and Reinsurance Cooperative Company (MedGulf).
The newly-established sovereign wealth fund Danantara has plans to consolidate the state-owned insurance and reinsurance sector, the fund's managing director and chief economist, Reza Yamora Siregar, has announced.