Saudi Arabia: ACIG to increase capital through share offering

Published on July 29, 2025
The board of directors of Allied Cooperative Insurance Group (ACIG) has recommended an increase to the company's capital through a share offering with the suspension of rights issue shares.
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Solvency II: Insurance Europe calls for smarter capital rules to boost EU investment and growth

July 28, 2025
Insurance Europe—the federation representing the European insurance and reinsurance industry—has welcomed the European Commission’s launch of its consultation on the Level 2 technical details of the Solvency II review.This consultation provides a vital opportunity to address overly cautious assumptions and unnecessary volatility in the current framework, which limit insurers’ ability to invest mor

Mitsubishi Electric to transfer insurance subsidiary to Marsh Japan

July 29, 2025
Mitsubishi Electric Corporation has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc.This transaction is expected to be completed on November 4, 2025.The move comes as Mitsubishi Electric continually assesses the significance of the insurance business in its portfol