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- Property & Casualty
- Published 24 Feb 2026
2025 APAC insurance M&A by the numbers
Asia Pacific insurance M&A activity surged in 2025, defying the cautious climate of the previous year and signalling a renewed strategic vigour across the region.
The market was overwhelmingly driven by relentless consolidation among brokers, MGAs, and adjusters, complemented by several blockbuster cross-border investments by insurers seeking scale and specialty capabilities.
While geopolitical and regulatory factors persisted, capital availability from global strategics, private equity, and reinsurers proved abundant, fueling domestic roll-ups and ambitious international moves.
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South Korea’s deposit insurance corporation launches re-bidding for Yebyeol Non-Life
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