News Regional

South Korea: Merger of Tongyang Life and ABL Life announced

South Korea: Merger of Tongyang Life and ABL Life announced

Woori Financial Group has announced the merger of Tongyang Life Insurance and ABL Life Insurance into a single entity to be launched in the second half of 2027.

Jimmy John | 19 Aug 2026

South Korea: Insurance M&A market poised for revival

South Korea: Insurance M&A market poised for revival

South Korea's insurance M&A market could regain momentum as several long-running sales processes move towards key stages, with KDB Life Insurance, Lotte Insurance, BNP Paribas Cardif Life and AXA Insurance among the companies attracting attention.

Reva Ganesan | 18 Aug 2026

New Zealand opens consultation on prudential levy for insurers, financial firms

New Zealand opens consultation on prudential levy for insurers, financial firms

New Zealand's government opened a consultation on 10 August over a proposed levy covering prudential regulatory costs.

Jake Nathanoel Dellosa | 12 Aug 2026

South Korea: Kyobo Life weighs return to non-life with AXA General Insurance acquisition

South Korea: Kyobo Life weighs return to non-life with AXA General Insurance acquisition

Kyobo Life Insurance is pursuing the acquisition of AXA General Insurance as it looks to expand into the non-life insurance sector and strengthen its broader financial portfolio.

Reva Ganesan | 12 Aug 2026

Sri Lanka: Insurance as an infrastructure for economic resilience

Sri Lanka: Insurance as an infrastructure for economic resilience

Jimmy John | 11 Aug 2026

India: Global insurers target Indian growth

India: Global insurers target Indian growth

Reva Ganesan | 04 Aug 2026

Lower losses mask rising disaster risks across Asia-Pacific, says Munich Re

Lower losses mask rising disaster risks across Asia-Pacific, says Munich Re

31 Jul 2026

APAC: Capital reassessment and more complex ALM among reasons for higher insurer costs

APAC: Capital reassessment and more complex ALM among reasons for higher insurer costs

Sarah Si | 23 Jul 2026

Past Articles

Vietnam: DBV Insurance fined for unfair competition practices

Vietnam: DBV Insurance fined for unfair competition practices

Global insurance sector remains stable despite rising geopolitical and economic risks: IAIS

Global insurance sector remains stable despite rising geopolitical and economic risks: IAIS

Indonesia: Insurance market set to outpace economic growth

Indonesia: Insurance market set to outpace economic growth

Hong Kong: Longevity priorities shift toward care and independence

Singapore: Insurers see record-low resignations amid restructurings

Singapore: Insurers see record-low resignations amid restructurings

Insurers upbeat on end of ME conflict

Insurers upbeat on end of ME conflict

Corporate AI investment surges as risk management challenges mount in Hong Kong and China

Corporate AI investment surges as risk management challenges mount in Hong Kong and China

Sri Lanka: IRCSL expands global engagement through Hong Kong delegation visit

Sri Lanka: IRCSL expands global engagement through Hong Kong delegation visit

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