Industry Segments: Capital Markets Page 1 / 16
- March 8 2023
Swiss Re secures US$700m alternative capital from JP Morgan
The stop-loss protection will run across the financial years 2023 to 2027 covering severe underwriting losses.
- February 1 2023
India’s Digit Insurance US$440m IPO blocked by regulator: report
The insurer was last valued at US$3.5bn by Sequoia Capital and is backed by investors including Canadian billionaire Prem Watsa.
- January 3 2023
2023 offers (re)insurers a slow path to recovery
Despite the challenges, carriers will find a way out of the woods as rates stabilise and more capital is made available.
- December 16 2022
Santam retains India, Malaysia operations following Sanlam-Allianz deal
The African financial services group holds a 23% stake in India's Shriram General Insurance and 49% of Malaysia's Pacific & Orient Insurance.
- December 12 2022
Reliance seeks US$72m urgent capital infusion
The carrier is seeking the capital to preserve business, enhance value and improve solvency to 175%.
- December 12 2022
Sunshine’s muted HKEX debut misses out on China’s Covid pivot
Despite a lukewarm reception, the US$824m raise could bolster the group's expansion into southern China and Hong Kong.
- November 29 2022
IRDAI approves Go Digit’s IPO
The Fairfax-backed insurer will raise about US$440m from the public offering.
- November 17 2022
Ex-Aon Securities MD Shinji Yamamoto launches ILS boutique
He was head of capital markets and ILS divisions in Asia for the global broker, based in Japan.
- November 8 2022
APRA’s new capital guidelines won’t impact ratings, says Fitch
Fitch believes the latest regulatory expectations may carry implications for the pricing of capital instruments.
- September 15 2022
Fosun sells 22% stake in YongAn Property Insurance
State-owned Shaanxi Financial Asset Management acquired the conglomerate's interest in the Chinese carrier.
- August 30 2022
AIA’s Bonnie Tse takes charge as Blue Cross CEO
The appointment follows the completion of the carrier's acquisition of Blue Cross and Blue Care.
- August 19 2022
IRDAI sets out ambitious capital reform plan
Proposals to facilitate fundraising part of new chairman’s modernising agenda
- August 17 2022
Go Digit’s IPO to offer partial exit to founders
Fairfax and Kamesh Goyal will sell a combined 109 million shares through the listing.
- June 10 2022
Howden acquires TigerRisk to create global reinsurance player
Howden Tiger will have 450 staff across 30 offices with an APAC footprint.
- June 1 2022
FWD postpones Hong Kong IPO: report
The insurer may resume listing plans when market conditions improve.
- April 21 2022
Tokio Marine launches US$42m venture capital fund
The investments aim at opportunities to partner strategically or become a customer.
- April 13 2022
KKR acquires 9.99% stake in India’s Shriram
The deal for the stake in the P&C player was worth around US$237m.
- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
- March 9 2022
Lockton (re)insurance arm targets Australia, NZ with former Willis Re execs
John Philipsz, Russell Hails and Max Garratt have joined the broker's advisory team in Sydney.
- February 18 2022
HKIA welcomes preferential treatment under C-Ross
This is the first time that Hong Kong's preferential treatment has been codified in Chinese law.