Industry Segments: Capital Markets Page 10 / 18
-
- September 18 2017
ZhongAn seeks US$11bn valuation in HK IPO
China's first internet-only insurer is selling a 15% stake that will see it raise US$1.5bn if the deal materialises.
-
- September 14 2017
Singapore bond issuers urged to take up insurance
Such policies would pay for the costs of calling for meetings and legal and financial advisory fees.
-
- September 11 2017
GC Securities and Marsh launch ILS platform
The JV standardises the placement process for collateralised reinsurance and private catastrophe bond deals.
-
- August 30 2017
Fairfax buys stake in rival of Indian partner
ICICI Lombard has agreed to allow the Canadian company to buy a 49% stake in nonlife startup Digit.
-
- August 23 2017
Japan Post additional sell-down likely delayed
The government may have to wait until 2018 to further sell down its stake if price remains weak.
-
- August 22 2017
Insurers to spur IPO bonanza in India
Total fundraising from first-time share sales could balloon to Rs500bn (US$7.8bn) this year.
-
- August 15 2017
Reliance General Insurance to sell 10% stake through IPO
The Reliance Capital unit is the fourth general insurer in India to have announced its intention to list.
-
- August 7 2017
Star Health Insurance plans US$470m stake sale
The Indian insurer has reportedly appointed an investment bank for primary and secondary stake sales.
-
- July 28 2017
Two state-owned insurers set to apply for IPO in India
GIC and New India Assurance are expected to tender their applications for initial public offerings within three weeks.
-
- July 26 2017
Hong Kong exchange rejects AMTD’s insurance IPO
The prospectus was reportedly described as “substantially incomplete” and an attempted appeal ended in failure.
-
- July 17 2017
Manulife considers selling US unit in Asia refocus
The Canadian insurer is reportedly toying with the idea of divesting its Boston-based John Hancock Financial Services division.
-
- July 12 2017
SBI Life’s IPO plan gets final board approval
The insurance unit of State Bank of India is aiming to raise US$1.1bn, becoming the second insurer to go public.
-
- July 3 2017
China’s ZhongAn files US$1.5bn IPO in Hong Kong
China's first internet-only insurer may launch its initial public offering before the end of the year.
-
- June 27 2017
Korean firms raising capital ahead of IFRS 17
Some insurers are planning to issue hybrid capital securities in the US dollar bond market.
-
- June 26 2017
China launches catastrophe insurance research centre
The centre will be the country's first research institution focusing on major disasters.
-
- June 20 2017
Zhong An’s Hong Kong IPO expected July or August
The Chinese online insurer is expected to list as early as July or August to raise up to US$2b.
-
- June 12 2017
Plan to merge three Indian insurers scrapped
Oriental Insurance, National Insurance and United India Insurance have been asked to come up with a new plan.
-
- May 30 2017
Interest rate risk hounds Japanese insurers
Life insurers are failing to extend the duration of their assets because of lingering low bond yields in Japan.
-
- May 26 2017
Strong currency puts pressure on Taiwan life insurers
The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.
-
- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.