Hong Kong’s virtual banks primed to disrupt insurance
February 19 2021 by Yvonne Lau
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Former CCB manager faces bribery charge in Hong Kong over US$470,000 from Vesttoo employee
- June 9
The new charge by the Independent Commission Against Corruption alleges that the relationship manager at China Construction Bank accepted cryptocurrency Tether from the insurtech employee, a middleman, and others in exchange for authenticating false letters of credit and collateral letters.
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Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital
- June 4
Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.
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Chinese broker Yuanbao targets US$676m US IPO valuation: report
- April 25
Existing shareholders express interest in buying up to US$17 million worth of American Depositary Shares (ADSs), according to Reuters.
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Australia’s upcover secures US$12m in Series A round funding
- February 10
Round was led by RealVC, with investments from Antler Elevate's Global Fund, Betterlabs and Gandel Invest, and US$5m debt from Marshall Investments.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
