L&G has completed the sale of its US insurance entity to Japanese mutual life insurance company, Meiji Yasuda, for an equity value of $2.3bn paid in cash
APAC insurers are planning to significantly increase private market and hedge fund holdings from 20% to 33% of portfolios within five years but face significant operational challenges that could determine competitive winners and losers, new research from Clearwater Analytics has revealed
Nearly two-thirds of European insurers are already using generative AI (Gen AI), according to a report published by EIOPA



Admiral Group has invested into HSBC Asset Management’s (HSBC AM) UK Direct Lending Fund, which invests in mid-market companies across the UK in partnership with HSBC UK Bank
OneFamily and Scottish Friendly have announced proposals to merge, bringing together the two mutual life assurance providers to create one of the UK’s largest mutuals
Legal & General (L&G) has joined the Association of British Insurers (ABI)
The Association of British Insurers (ABI) has set out plans aiming to strengthen trust in the long-term savings and insurance sector, shape pensions reform, and unlock productive investment, as part of its new strategy for 2026 to 2028


