Creations / Acquisitions / Mergers
January
February
Africa
OLEA to acquire Marsh Uganda and Marsh Botswana
India
360 ONE Asset to acquire 15% of Bharti AXA Life Insurance
Madagascar
SanlamAllianz: merger approved
New Zealand
Resolution Life acquires Asteron Life
Saudi Arabia
- Potential merger between Saudi Enaya and Salama
- LINK acquires majority stake in Al Afaq
- IA approves merger between Gulf Union Al Ahlia and Gulf General
South Korea
March
April
Bahrain
Solidarity Bahrain's acquisition of BNI and BNL greenlit by Central Bank
India
Italy
AXA completes acquisition of Italian group Nobis
Japan
Proposed merger between Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance
Kenya
Uganda
Jubilee Holdings Limited to merge its Ugandan life and health subsidiaries
United Kingdom
Switzerland
Proposed merger between Helvetia and Baloise
World
Sompo secures licenses to operate in Belgium and the Netherlands
May
Africa
Bermuda
Cameroon
SUNU Assurances Vie Cameroun acquires stake in Advans Cameroun
Rwanda
BK General Insurance to merge with Sonarwa
Turkey
June
Côte d’Ivoire
Coris IARD and Coris Vie officially launched
Egypt
Wafa Assurance launches takeover bid to acquire Delta Insurance
Saudi Arabia
- Competition Authority approves merger between Saudi Enaya and Salama
- Potential Merger Between Arabia Insurance Cooperative and United Cooperative Assurance
United Arab Emirates
Transamerica Life Bermuda sets up in the DIFC
Kenya
Britam acquires 30% stake in Continental Re
Democratic Republic of Congo
AssurLand Africa settles in DRC
United Kingdom
Samsung Fire & Marine Insurance raises its stake in Canopius
July
Africa
- The Brown family acquires Prudential in French-speaking Africa
- Samb'a Assurances Gabon to expand into Cameroon and the DRC
Bermuda
Sompo Holdings acquires Aspen Insurance Holdings
Cameroon
Afrigroup Holding secures CIMA approval to establish two insurance companies
France
SMABTP and MACSF raise their stake in Arundo Re to 100%
Japan
Howden acquires majority stake in Holos
Jordan
Jerusalem Insurance acquires 72% stake in Arabia Insurance Jordan
India
Allianz and Jio Financial Services to launch
Italy
Morocco
Saudi Arabia
MedGulf and Buruj sign merger agreement
South Africa
Santam Insurance to launch Lloyd's syndicate
Sri Lanka
Softlogic Life completes acquisition of Allianz Life Insurance Lanka
United Arab Emirates
Howden Re establishes presence in DIFC
United Kingdom
- Radian Group to acquire Inigo
- UK CMA approves Aviva's acquisition of Direct Line
- Chedid Capital sets up branch
United States
Uzbekistan
Towards the establishment of the first ever national reinsurer
October
China
KKR and Quadrantis Capital acquire minority stakes in Peak Re
Democratic Republic of Congo
Africa Re opens liaison office in Kinshasa
France
Ardonagh Europe acquires Groupe Leader Insurance
India
Everest Reinsurance sets up operations
United Kingdom
November
Egypt
Wafa Assurance acquires 63.39% stake in Delta Insurance
France
SMABTP and MACSF finalize acquisition of Arundo Re
India
Luxembourg
Macif launches its own reinsurance company
Saudi Arabia
- Doha Insurance Group to establish branch
- Shory secures approval to operate
- Lockton strengthens Middle East presence with new office
- Tawuniya secures approval to establish reinsurer Riyadh Re
South Africa
ASR Syndicate 2454 expands into the South African Market
United Kingdom
December
Belgium
Ageas to become 100% owner of AG Insurance
Botswana
Brokerage: OLEA completes acquisition of Marsh Botswana
Côte d’Ivoire
Egypt
Sawa, Egypt's first licensed microinsurance company
Italy
AXA completes the acquisition of a majority stake in Prima
Mauritius
Proxy Brokers joins Brokerslink network
South Africa
Switzerland
Helvetia Baloise Holding merger completed
United Arab Emirates
- Sun Life opens office in DIFC
- BMS Group opens office in DIFC
- Pinnacle Underwriting opens office in DIFC
United Kingdom
Atradius to establish Lloyd's syndicate
United States
Withdrawal of licenses / Sanctions
January
March
United Arab Emirates
April
May
July
Companies in difficulty
February
Luxembourg
Restructuring / New brands /Cessions
January
February
March
April
July
October
December
Capital increase / decrease
January
February
June
United Arab Emirates
July
October
December
Strategy / Distribution
January
Algeria
Partnership between Alliance Assurances and Yalidine
China
AXA, AXA Tianping and PICC form insurance alliance
Morocco
- "Cash-back Vignette Auto 2025", a new offer from Sanlam Maroc
- Bancassurance partnership between AtlantaSanad and Crédit du Maroc
Middle East
Partnership between DIFC and Lloyd's
Oman
Motor insurance: Takaful Oman partners with Thawani Pay
Qatar
QIC updates its mobile application
Saudi Arabia
MedGulf and Saudi Electricity Company sign partnership agreement
February
Africa
BOAD and ASR to establish a captive insurance company
Algeria
- Digitizing life insurance: partnership between Algérienne Vie and BNA
- Salama Assurances and Yalidine forge partnership
Burkina Faso
Coris Assurances Vie Burkina granted takaful license
Kenya
Jubilee Health Insurance introduces its new digital platform, J-Force
Qatar
QIC invests in three insurtechs
Oman
Oman Bancassurance: partnership between Takaful Oman Insurance and Oman Arab Bank
Saudi Arabia
March
Africa
Burkina Faso
Coris Assurances Vie Burkina introduces new savings product
Jordan
Solidarity First Insurance and Islamic International Arab Bank sign partnership agreement
Kenya
Kenya Re to expand into Tanzania and India
Morocco
ASR granted approval to operate as a Lloyd's service company in Morocco
Qatar
April
May
June
Africa
Partnership between Africa Specialty Risks and Asset Performance Partners
Algeria
SAA signs partnership agreement with Algérie Télécom
Germany
Munich Re pulls out of several climate coalitions
Nigéria
Africa Re signs partnership agreement with UNICEF
Oman
Cigna Healthcare Middle East receives health insurance license
Qatar
QIC introduces new personal cyber insurance
Tunisia
July
Bahrain
Solidarity Bahrain revamps its website
Côte d’Ivoire
- Bancassurance: BGFI Bank Côte d'Ivoire and SAAR Assurances Côte d'Ivoire forge partnership
- SanlamAllianz and Société Générale to launch motor insurance product
Cameroon
Chanas Assurances Vie unveils Suwèlè Pro Max, a new funeral insurance product
France
CCR launches advisory and support services to help prevent natural disasters
India
Zurich Kotak General Insurance launches new ”EV Protect" product
Kenya
Prudential Life Assurance and Standard Chartered Bank form bancassurance partnership
Morocco
Nigeria
Africa Re: new index-based livestock insurance product
Qatar
QIC launches school fees protection insurance
Saudi Arabia
Brokerage: Howden receives reinsurance license
Singapore
SCOR to transfer Singapore operations to SCOR Re Asia-Pacific
Tunisia
MAE Assurances unveils conversational AI agent
United Arab Emirates
October
Algeria
SAA and BNA sign bancassurance partnership agreement
Côte d’Ivoire
- NSIA Assurances Côte d'Ivoire launches online motor insurance claims service
- SUNU Assurances and Witti Finances develop microinsurance product
India
Introduction of a parametric pandemic insurance policy
Lebanon
Chedid Capital revamps its Compare360.com platform
Morocco
- Allianz Morocco launches 24/7 digital health insurance platform
- AtlantaSanad launches Morocco's first electric scooter insurance
- Sanlam Morocco and Lana Cash to launch new microinsurance products
Qatar
QIC updates its “Coins” loyalty program
Spain
MAPFRE to establish three tech hubs in Spain, Colombia, and Brazil
World
Allianz backs the development of autonomous driving in Europe
November
Africa
AXA Global Healthcare expands footprint through strategic African partnerships
Algeria
- Cash Assurances and CNEP-Banque to launch two bancassurance products
- SAA launches cyber insurance product
Asia
- Policybazaar expands reinsurance operations to Asia and the Middle East
- Zurich Insurance launches assistance service
India
Mahindra and Manulife to establish life insurance joint venture
Japan
December
Africa
- Africa Specialty Risks unveils cyber insurance product
- Atlantic Re and Sen Re form strategic partnership
Egypt
Allianz Egypt and Arab Bank renew their bancassurance partnership
France
SCOR Group renews its contingent capital facility
Madagascar
SanlamAllianz Madagascar launches its new mobile app, “M'LAM”
Switzerland
AXA XL launches insurance for Swiss museums and car collectors
United Arab Emirates




