Pacific Cross International Limited has announced that it will be acquired by Paramount Life & General Holdings Corporation, pending regulatory approvals. The acquisition is set to position the combined entity as a stronger, more diversified regional insurance group with a leading edge in health insurance.

Paramount, a Philippine-based composite insurer established in 1950, brings decades of experience, financial stability, and technological advancement to the table. With a proven track record in expanding access to healthcare through a wide-reaching network and innovative solutions, Paramount is expected to enhance the long-term growth potential of Pacific Cross across Southeast Asia. For clients and partners of Pacific Cross, operations will continue seamlessly under the Pacific Cross name, with no disruption to services or policies.

The company has reiterated its commitment to delivering excellent service and support throughout this transition and beyond. This development represents a significant shift within the regional insurance landscape. As always, AA Insurance Brokers remains attentive to key industry movements that may impact our clients and partners. While no immediate action is required, we will continue to monitor updates to ensure our community stays informed and well-prepared.