Business deals
Japan's Dai-ichi Life to acquire NZ insurer for $630m
With its growing population, New Zealand will be insurer's 9th overseas market
Property & Services
Insurance
Tokio Marine to sell insurance policies through Amazon
Customers can receive payouts in cash or gift certificates
Insurance
Tokio Marine takes $400m hit from Taiwan COVID payouts
Rush of new customers leads to surge in coronavirus insurance compensation
Insurance
Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400m
Exclusive: Acquisition of Transverse seen bolstering cybercrime coverage in Japan
Finance
India accelerates drive to offload company stakes in rush for cash
Analysts say government will meet key fundraising target despite headwinds
IPO
Indian insurer LIC's IPO closes, oversubscribed nearly threefold
But analysts say prospective listees will have to pare back valuations
Insurance
China's biggest insurer Ping An calls for breakup of HSBC
Top shareholder adds to pressure on U.K. bank struggling to balance China, Western interests
Aerospace & Defense
To the moon: Japanese insurers leap into lunar exploration
Mitsui Sumitomo and Tokio Marine to offer coverage for private-sector missions
Insurance
Thailand shutters two insurers over delayed COVID payments
Southeast Insurance and Thai Insurance sold generous policies at cheap prices
Insurance
Russia sanctions poke holes in insurance for Japanese companies
SWIFT expulsion puts frequently used reinsurance arrangements at risk
Insurance
Japan insurers see growth in Southeast Asia despite COVID slump
Sompo keen to expand care business in region, as others seek acquisitions
IPO
Hong Kong tycoon Richard Li's insurance arm gears up for $3bn IPO
FWD releases prospectus for U.S. share offering
Business deals
Eyeing climate change, Japan's Sompo to buy Italian crop insurer
Extreme weather boosts demand for agricultural coverage
Business deals
HSBC snaps up Axa's Singapore insurance assets for $575m
Bank aims to scale up its wealth management in Asia expansion
Business deals
Japan's Dai-ichi Life to buy Westpac's insurance arm in Australia
Deal worth $664m will give Dai-ichi subsidiary TAL one-third market share
Companies
AIA to buy 25% stake in China Post Life Insurance for $1.9bn
Investment gives life insurer access to mass market clients in China
Business deals
Tokio Marine to buy US work benefits insurer for around $200m
Exclusive: Japanese group expands American reach to smaller employers with latest deal
Insurance
Mitsui Sumitomo Insurance to spend $4.5bn on M&A, with eye on US
Japanese insurer aims to tap into North American specialty market
Finance
Tokio Marine's pandemic review unspools into Greensill collapse
Japanese insurer failed to uncover problems at time of taking on policies
Insurance
Dai-ichi Life targets 30% cut in portfolio CO2 emissions by 2025
Japan insurer would sell $6.5bn in assets as it seizes the initiative on climate change