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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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Berkley Re APAC hires Allianz Re’s Kenrick Law as head of underwriting
- April 14
Most recently regional CEO and head of P&C client management at Allianz Re, Singapore-based Law will also be branch manager at Berkley Re APAC.
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China’s P&C underwriting profit to improve as capital stays strong despite growing asset risk: Moody’s
- April 9
Rating agency maintains a stable outlook for China's P&C insurance sector.
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Helena Nikolas joins AIG as head of commercial property in Singapore
- April 7
Nikolas, who was most recently senior property facultative underwriter at Hannover Re, has relocated from Sydney.
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McLarens promotes Hang Dong, Quang Nguyen to Vietnam directors
- April 2
Pair will provide joint leadership across operations in Hanoi and Ho Chi Minh City.