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.
Zurich Insurance Group (Zurich) on 19 February reported a record full-year performance in Asia Pacific for the 12 months ended 31 December 2025, delivering a GWP of $7.5bn, with business operating profit (BOP) of $633m, up 8% y-o-y. The result reflects a strong performance in the life business alongside continued momentum in P&C across both commercial and retail insurance.
Corporate and specialty insurer HDI Global has launched "Xcelerate29", its strategy cycle for 2026 to 2029, highlighting South-East Asia as a vital region for expansion. The firm said the plan focuses on "targeted international expansion, excellence in the core business, and establishing HDI Global as one of the top employers in the financial services industry."
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.
Businesses are expected to operate in an environment of persistent uncertainty in 2026, according to the latest "Crisis Management Annual Review" by Alert:24, Willis's in-house risk advisory and crisis support service.
Incidents threatening individuals or client assets rose by over a third in 2025, representing 37% of all reports submitted to Alert:24, Willis's in-house risk advisory and crisis support service.
The majority of Asia's middle class feel financially anxious and underprepared for retirement, as rising living costs and growing family responsibilities reshape financial priorities across generations.
Deeply entrenched physical, mental and financial health stereotypes shape attitudes and behaviours around wellbeing across Asia, according to AIA Group's "Rethink Healthy" research study.
Miller has appointed Mr Sailesh Divakaram as Head of Treaty Asia.
Lloyd's has promoted Ms Emma Loynes to CEO of APAC and MEA (APMEA). She will retain her current position of Singapore country manager and CEO at Lloyd's of London Asia.