Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Thailand: General insurers expected to enter period of consolidation
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
Article / 4 days ago
Banglasdesh: Insurance sector may see liquidations and mergers
The insurance regulator, the Insurance Development and Regulatory Authority (IDRA), has suggested mergers of life insurance companies instead of...
The insurance regulator, the Insurance Development and Regulatory Authority (IDRA), has suggested mergers of life insurance companies instead of...
Article / 2 months ago
China: Mainland broking group to acquire HK insurance broker for US$1.5m
Nasdaq-listed Tian Ruixiang Holdings (TRH), a China-based insurance broker conducting business through its variable interest entity, has announced...
Nasdaq-listed Tian Ruixiang Holdings (TRH), a China-based insurance broker conducting business through its variable interest entity, has announced...
Article / 2 months ago
Thailand: InsurTech acquires Indonesian online insurance broker
Thailand-based InsurTech, The Roojai Group, has acquired Lifepal, the leading online insurance broker in Indonesia, cementing the group's position in Southeast...
Thailand-based InsurTech, The Roojai Group, has acquired Lifepal, the leading online insurance broker in Indonesia, cementing the group's position in Southeast...
Article / 3 months ago
Generali pays over US$100m to acquire remaining 51% stake in Chinese P&C insurance venture
Italian global non-life insurer Generali has signed an agreement for the acquisition of 51% of Generali China Insurance (GCI) for a consideration of approximately...
Italian global non-life insurer Generali has signed an agreement for the acquisition of 51% of Generali China Insurance (GCI) for a consideration of approximately...
Article / 3 months ago
Asia to have the biggest potential in M&A insurance
With insurance M&A deals dropping sharply partly attributed to regulatory changes, capital market trends and low appetite for InsurTech, speakers...
With insurance M&A deals dropping sharply partly attributed to regulatory changes, capital market trends and low appetite for InsurTech, speakers...
Article / 5 months ago
Malaysia: MAA Group in US$58m deal to sell Philippine general insurance unit
MAA Group is proposing to sell an 85% stake in its Philippine general insurance business -- MAA General Assurance Philippines (MAAGAP) -- for $49.3m...
MAA Group is proposing to sell an 85% stake in its Philippine general insurance business -- MAA General Assurance Philippines (MAAGAP) -- for $49.3m...
Article / 5 months ago
South Korea: Stalling of insurance M&A deals attributed to IFRS 17
The newly introduced accounting standard, IFRS 17, plays a significant part in stalling the sales of insurance firms this year, according to market watchers....
The newly introduced accounting standard, IFRS 17, plays a significant part in stalling the sales of insurance firms this year, according to market watchers....
Article / 5 months ago
China: Ping An Insurance-backed bid to split HSBC operations fails to win enough votes
HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin off the bank's Asian operations during the annual...
HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin off the bank's Asian operations during the annual...
Article / 12 months ago
Nepal: Insurance market abuzz with M&A activity
A number of merger agreements have been signed in both the life and non-life insurance sectors in the last one year, with M&A activity intensifying...
A number of merger agreements have been signed in both the life and non-life insurance sectors in the last one year, with M&A activity intensifying...
Article / 1 year ago