Fosun to spin off insurance arm in IPO
July 27 2016 by InsuranceAsia News-
Seoul Guarantee prices IPO at bottom end of range to raise US$124m
- March 5
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
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Seoul Guarantee scales down IPO valuation by 39% to US$1.5bn: reports
- February 17
Korean surety and credit insurer reduces its expected offer price range to US$18-22 per share from US$27-36.
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Seoul Guarantee revives listing plan, files for up to US$155m IPO
- January 24
The Korean surety and credit insurer plans to list in March and its parent KDIC will sell a 10% stake.
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China’s Qianhai Reinsurance to explore opportunities in capital markets on shareholder support: AM Best
- December 12
The rating agency has affirmed the financial strength rating of “A-” (excellent) and the long-term issuer credit rating of “a-” (excellent) to the Shenzhen-headquartered reinsurer with a stable outlook.
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