Malath Cooperative Insurance and Liva Insurance (KSA) have announced via the Saudi Exchange that they have agreed to extend a Memorandum of Understanding (MoU), regarding a potential merger between them. The extension is for a month until 23 March 2026.
Zurich Financial Services Australia will acquire ClearView Wealth (ClearView) through a scheme of arrangement.
Sompo Holdings announced in an 18 February press release that it has received the necessary antitrust and insurance regulatory approvals to complete its previously announced acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings.
M&A activity in the APAC region's insurance industry is predicted to surge A new study has predicted a surge over the next three years, according to a study by Idaho-headquartered FinTech company, Clearwater Analytics. The study states that industry consolidation is inevitable as firms seek competitive advantages.
Daiichi Life and Infinity General will collaborate to strengthen the domestic insurance industry in Cambodia.
Pakistan's Securities and Exchange Commission (SECP) has greenlit Jazz International Holding Limited's acquisition of a controlling stake in TPL Insurance Limited.
Pan-African financial services group, Vista Group Holding, has completed the acquisition of 99.99% of Saham Assurances Niger for an undisclosed amount.
Willis, a WTW business, has appointed Ms Mareli Vermeulen as Head of Mergers and Acquisitions (M&A), Asia within its Financial and Executive Risks (FINEX) business.
The Philippine Competition Commission (PCC) has greenlighted the merger of two prominent non-life insurers, FPG Insurance and The Mercantile Insurance Company. The competition regulator said in a statement that it had found the transaction would not affect competition in the local non-life insurance market.
Zurich's bid for Beazley is not primarily about buying premium volume or even Lloyd's market access-both of which Zurich could build organically, according to Huntington Advisory, an independent financial advisory firm with offices in Singapore, London, and Hong Kong.