MG Non-Life sale: KDIC files injunction plea against union
February 13 2025 by Mithun Varkey-
Seoul Guarantee shares rally 23% on Kospi debut
- March 17
Insurer also confirms a 2024 year-end dividend of US$138m for investors holding shares through April.
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India’s Patanjali, DS Group to acquire Magma General Insurance for US$517m
- March 14
Magma, which operates motor, health, property and other commercial lines, reported a GWP of US$379m in FY2024.
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Meritz Fire & Marine withdraws offer to buy troubled MG Non-Life
- March 13
South Korean insurer could face liquidation as the Korea Deposit Insurance Corporation (KDIC) evaluates its options.
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APAC M&A activity down 25% in 2024, weighed down by geopolitics: Clyde & Co
- March 12
Clyde & Co’s annual insurance growth report says established players preferred to pursue organic investment programs in areas including data analytics.
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