APAC Insurance M&A Deals

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.

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.

Insurance M&A expected to rebound in 2025 with investor confidence

Asia may see more inbound M&A, driven in part by currency advantages for US buyers.

MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027

The merged entity could equate to the Japanese insurer holding the top market share.

Generali secures full ownership of Generali China Insurance Company

The acquisition will have an estimated -1 percentage point impact.

Mitsui Sumitomo to invest $4b for 15% stake in W. R. Berkley

MSI expects to finalise the investment within the 2025.

FSC approves Samsung Fire & Marine integration under Samsung Life: Report

Insurers holding more than 15% shares must integrate the company as a subsidiary.

Allianz to sell 26% stake in Bajaj insurance units for $3b

The stake will be acquired by the Bajaj Group.

Arthur J. Gallagher & Co. acquires Philinsure

Gordon Joseph and his team will continue to lead operations.