Sompo expands into Europe with licences for Netherlands, Belgium
March 27 2025 by Mithun Varkey-
Mitsui Sumitomo agrees to acquire 15% in WR Berkley for about US$3.8bn
- March 28
Japanese insurer will buy the shares through open market purchases or private transactions with third parties and expects to complete the acquisition by March 2026.
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Regulators approve Samsung Fire & Marine’s transition to subsidiary of Samsung Life
- March 20
Non-life carrier will maintain independent management and have a separate board of directors.
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Ping An’s P&C FY24 net profit up 68% to US$2bn, COR improves to 98.1%
- March 19
Chinese carrier’s insurance revenue rose by 4.7% year-on-year to US$45.4bn.
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Review panel urges Australian insurers to implement General Insurance Code recommendations on pricing
- March 19
The ICA, in its action plan released earlier this week, had disagreed with pricing-related recommendations of the independent panel’s final report.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.