Lotte Insurance final bids due June 28, Woori remains in the race
June 24 2024 by Ji Youn Lee
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Drive for growth and regulatory pressures to boost APAC insurance M&A
- September 3
Despite a few standout deals, 2025 has been a relatively muted year for insurance M&A amid concerns about US trade policies and an abundance of organic growth for insurers.
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Gallagher Re to acquire Steadfast Re in APAC expansion push
- September 2
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
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India’s Zurich Kotak General Insurance hires Birendra Mohanty as chief business officer
- September 2
Mohanty, who joins from ICICI Lombard General Insurance, will oversee bancassurance, financial institutions group, SME, institutional and government businesses.
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‘Fundamental shift’ in risk landscape as average annual losses rise to US$152bn: Verisk
- September 2
Frequency perils are driving sustained, high-impact losses across geographie and insurers must evolve their strategies to meet this challenge head-on.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
