APAC Insurance M&A Deals

Talanx to conclude partnership with Meiji Yasuda Life by 2025

Talanx can acquire Meiji Yasuda’s shares in two Polish subsidiaries.

OCBC Hong Kong sells 33% stake in Hong Kong Life

Yue Xiu Enterprises (Holdings) bought the stake from the bank.

Allianz bids Income Insurance 51% takeover goodbye

The move follows changes to the Insurance Act announced last 14 October.

Allianz may drop $1.63b bid for Income Insurance: Report

Sources familiar with the matter told Bloomberg.

Resolution Life acquisition could add $330m to Nippon Life's profit

Fitch views the transaction as credit-positive for Nippon Life.

Nippon Life eyes $8.2b Resolution Life buyout

If finalised, the deal would be the largest overseas acquisition by a Japanese insurer.

Generali leaves Philippine market, InLife swoops 100% shares

The transaction is anticipated to close in H1 2025.

Allianz Australia’s RAA acquisition to boost market position: S&P

Allianz Australia’s capital adequacy is not expected to be affected by this.

Zurich buys AIG travel insurance for $600m

This positions Zurich as one of the world’s largest travel insurers.

Allianz Australia to acquire RAA’s general insurance business

The transaction is expected to be completed by mid-2025.

IAG acquires 90% of RACQ Insurance in $855m deal

The deal is expected to add $1.3b to IAG’s gross written premiums.

Aon to acquire Mitsubishi Chemical Group’s insurance agency

The insurance agency, part of Dia Rix, provides corporate and personal insurance.

Hanwha Life acquires 75% stake in US firm Velocity Clearing

It aims to establish a foothold in the US financial sector.

APAC insurance M&A activity slows in Q3

Two major transactions faced regulatory scrutiny during the quarter. 

Allianz-Income merger in limbo as parties weigh new rules

A CEO said there is no guarantee that any transaction will take place.

SG justifies blocking $2b capital withdrawal in Income-Allianz deal

This proposed extraction does not align with the representations made to MCCY.