APAC Insurance M&A Deals

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

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.

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.