Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
May 4 2021 by InsuranceAsia News
MORE FROM: Fund raising
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Ping An Insurance eyes US$3.5bn fundraise: report
- July 15
The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
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Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
- July 4
The higher compliance costs, coupled with earning swings due to market volatility, could lead to an increase in M&A in the sector and force some insurers to raise more capital, said S&P Global Ratings.
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FWD Group revives IPO plan, targets valuation up to US$9bn: report
- June 6
The offer size and timeline for the initial public offering are yet to be finalised, Reuters said in a report quoting three anonymous sources.
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Fairfax-backed Go Digit’s US$314m India IPO fully subscribed
- May 20
The IPO was 9.6 times subscribed at the close of bookbuilding and is slated for trading on May 23.
Partner Content
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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