APAC Insurance M&A Deals

Global insurance M&A volume falls with 95 H1 2025 deals

Asia-Pacific was the third highest in terms of deals closed.

AXA sells AXA IM to BNP Paribas in $6.34b asset deal

AXA Philippines said there will be no changes to its investment-linked life insurance funds.

Oona Insurance eyes M&A to boost earnings

Stricter capital rules are pushing weaker players out of the Philippine market.

Aon reports $1.75b in M&A insurance claims globally

APAC saw a rise in Warranty & Indemnity policies last year.

Ardonagh acquires Apex Insurance to expand footprint in Asia

The acquisition adds to Ardonagh’s existing regional operations under PSC HK Insurance Group.

Howden acquires 68.3% stake in Kyoto-based Holos Holdings

The group now employs more than 450 people since entering the market in 2024.

Income Insurance defends failed Allianz deal as capital boost

Chariman Ong also announced his decision to step down after seven years.

MAS responds to Tan’s letters on Allianz-Income deal process

The insurer did not submit an application for capital reduction.

AIA and Aegon win approval for asset firms in Shanghai

The approvals were announced by Li Yunze, director of the NFRA.

Canopius sells 21% stake to Samsung Fire & Marine Insurance

This marks SFMI’s third investment in Canopius.

Asia M&A buyers to boost use of R&W insurance in 2025

45% of respondents foresee a notable increase in the use of deal insurance.

IAG secures RAC Insurance and 20-year distribution rights

The transaction is expected to complete in the first half of calendar year 2026.

Markel announces acquisition of marine insurance specialist MECO Group

Markel plans to leverage MECO’s presence in APAC.

Hannover Life Re to acquire Swiss Re’s direct life portfolio

The transaction is expected to be completed within 18 months.

Dai-ichi Life acquires 15.1% stake in Challenger for $560m

It plans to acquire through its Australian subsidiary.