India’s Union Budget to infuse US$490m into three state general insurers: report
February 1 2023 by InsuranceAsia News Staff-
Carrot Insurance plans to raise US$230m by next year: report
- November 16
The Hanwha Group-backed Korean digital insurer is seeking to secure funds through a paid-in capital increase allocated to shareholders and is aimed for better capital adequacy and investment funds.
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MoneyHero to list on Nasdaq following SPAC deal with Pacific Century and Thiel Capital
- October 13
The deal gives the financial services platform, which operates in Singapore, Hong Kong, the Philippines, Malaysia and Taiwan, access to around US$100m of capital.
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Indian insurtech InsuranceDekho raises US$60m in Series B funding round
- October 11
The New Delhi-based firm has direct integration with 46 insurers across India offering more than 380 insurance products including 175 for life and health.
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Indian government reneges on capital support to state-owned general insurers: report
- August 28
The government last year provided US$600m in capital to National Insurance, Oriental Insurance and United India Insurance to meet regulatory solvency norms.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
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AXA XL | Battery-powered ships: Moving from the drawing board to the seas
Electric ferries are increasing in popularity but there is plenty of work ahead to move away from ships using heavy diesel oil.