🇺🇸 US 30-yr mortgage rate: 6.55% — Bankrate, June 10🇯🇵 BOJ June rate hike: 80% market probability — CNBC🇮🇳 India opens insurance to 100% FDI under automatic route🇺🇸 Fed holds rates at 3.50–3.75% — third consecutive hold🌍 Global cyber insurance market: $33.4B projected for 2026🇬🇧 FCA: Insurance premium finance APRs down 4.1% since 2022🇰🇷 DB Insurance completes $1.65B Fortegra acquisition🇺🇸 Medicaid cuts: CBO estimates 11.8M to lose coverage🇦🇺 APRA CPS 230 amendments effective July 1, 2026🇩🇪 BaFin launches dedicated cyber insurance reporting class🇺🇸 US 30-yr mortgage rate: 6.55% — Bankrate, June 10🇯🇵 BOJ June rate hike: 80% market probability — CNBC🇮🇳 India opens insurance to 100% FDI under automatic route🇺🇸 Fed holds rates at 3.50–3.75% — third consecutive hold🌍 Global cyber insurance market: $33.4B projected for 2026🇬🇧 FCA: Insurance premium finance APRs down 4.1% since 2022🇰🇷 DB Insurance completes $1.65B Fortegra acquisition🇺🇸 Medicaid cuts: CBO estimates 11.8M to lose coverage🇦🇺 APRA CPS 230 amendments effective July 1, 2026🇩🇪 BaFin launches dedicated cyber insurance reporting class

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Corporate acquisition handshake and insurance merger deal - illustrative image
Insurance

South Korea's DB Insurance Completes $1.65 Billion Acquisition of US Specialty Insurer Fortegra Group

South Korea's DB Insurance has finalized its $1.65 billion acquisition of The Fortegra Group, marking the largest purchase of a US insurer by a Korean non-life carrier in history. The deal closed on May 29, 2026, after receiving all required regulatory and stockholder approvals, with Fortegra set to operate independently under DB Insurance's global expansion strategy.


Insurance Business / Business WireMay 29, 2026
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