Malaysia: Prudential Financial forms JV to acquire life insurer

Published on February 26, 2024
New Jersey-headquartered Prudential Financial (Prudential) and Bank Simpanan Nasional (BSN) have formed a joint venture to acquire 100% of Uni.Asia Life Assurance (UAL). The transaction is valued at
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China: IFC plans to invest in Fosun United Health Insurance

February 26, 2024
The International Finance Corporation (IFC), a member of the World Bank Group, is proposing taking up an equity stake in Fosun United Health Insurance in a deal worth up to CNY270m ($38m).

West Africa: Heightened political tension likely to have limited impact on (re)insurance markets

February 26, 2024
The potential withdrawal of Niger, Mali and Burkina Faso from the Economic Community of West African States (ECOWAS) is the latest sign of political turmoil in the region but should have relatively