Beazley Rejects Zurich’s Acquisition Offers Again

17 February 2026

London-based specialty insurer Beazley has turned down multiple acquisition bids from Zurich Insurance, including the latest £7.67 billion offer, citing confidence in its standalone prospects. Zurich argued the deal would create a global specialty insurance leader, leveraging Beazley’s Lloyd’s expertise and complex risk capabilities. Historically, Zurich has expanded through strategic acquisitions worldwide, but Beazley remains focused on its own business model. Since news of Zurich’s interest, Beazley’s shares have risen roughly 40%, benefiting existing shareholders.

Indonesia Life Insurance Coverage Rises Despite Slight Premium Drop

17 February 2026

Indonesia’s life insurance sector saw a 12.8% increase in insured lives, reaching 151.56 million by September 2025, even as total premium income fell 1.1% to $7.86 billion. Individual policies grew 16.9% while group coverage rose 12.1%, reflecting higher public awareness of financial protection. Total industry income increased 3.2% to $10.28 billion, with regular premiums up 5%, showing a shift toward affordable, periodic payment plans. The industry continues to bolster household financial resilience amid ongoing economic pressures.

Prudential Japan Hit by Fraud Scandal Over Commission-Based Model

12 February 2026

Prudential Life Insurance in Japan is facing a major fraud scandal, with 107 employees defrauding around 500 customers of ¥3.1 billion ($20 million) over several decades. The company’s fully commission-based sales model, which pays “life planners” solely on sales performance, has been cited as a key factor enabling misconduct. Additional customer complaints continue to emerge, prompting ongoing investigations and compensation efforts. Analysts warn the scandal may erode trust in the broader Japanese insurance industry, highlighting risks of performance-driven pay without strong ethical oversight.

Singapore Life Insurance Industry Grows 11% in 2025

12 February 2026

Singapore’s life insurance sector grew 11.3% in 2025, reaching SG$6.53 billion in new business premiums, driven by strong demand for annual and single premium policies. Investment-linked plans rose 27.8%, while Integrated Shield Plans covered about 71% of residents. Financial and tied representatives contributed significantly to growth, helping narrow the nation’s protection gap. The industry paid SG$14.23 billion in claims, reflecting resilience amid global economic challenges. Insurers plan to continue product innovation and financial literacy efforts to meet ongoing demand in 2026.