Industry Segments: Fund raising Page 3 / 7
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- December 30 2022
MS&AD investment arm adds US$100m dry powder
The venture capital fund will invest in overseas insurtechs and digital startups related to risk and insurance, which are strategically relevant the Japanese carrier.
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- 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%.
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- 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.
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- December 2 2022
IRDAI’s liberalisation agenda raises risk of insurer failures
Wide-ranging reforms will ease the path to markets, but excess capacity could also lead to greater competition.
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- November 29 2022
Insurtech Igloo eyes M&A as it raises US$27m in Series B extension
The Singapore-based firm recently launched a parametric Weather Index insurance product in Vietnam.
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- November 29 2022
IRDAI approves Go Digit’s IPO
The Fairfax-backed insurer will raise about US$440m from the public offering.
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- November 2 2022
Cover Genius raises US$70m in fresh funding round
The insurtech wants to invest in its global distribution platform XCover.
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- November 1 2022
‘Loss-propping capital’ is drying up for insurtech start-ups
APAC-based insurtechs have raised a total of US$1bn across 76 deals in Q3.
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- October 17 2022
Tokio Marine invests US$50m in bolttech’s Series B fundraising
The Japanese insurer will help the insurtech's distribution, product innovation and balance-sheet capacity.
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- October 13 2022
Nib to raise US$94m for acquisition war chest
The Australian health insurer acquired Maple Plan as part of its disability scheme expansion strategy.
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- September 14 2022
FWD refiles for Hong Kong IPO
Stock exchange filing revealed that H1 new business reached US$405m, up 25% year-on-year.
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- September 9 2022
Korean digital insurer Carrot plans to go public by 2025
The Hanwha-owned carrier was valued at US$850m after a US$217m third-round fundraising.
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- September 8 2022
FWD postpones Hong Kong IPO until 2023: report
It is understood that the long-awaited fundraising has been suspended yet again.
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- 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.
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- July 22 2022
Twists and turns ahead for Asia’s insurtech market
The space is still finding its feet with valuations yet to settle, but there are some familiar themes.
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- July 14 2022
Chinese insurtech sector lures capital but not returns
Funding hit record high in Q1 despite underperformance of listed players.
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- July 13 2022
Insurtech wefox raises US$400m, targets Asia by end of 2024
The firm is now valued at over US$4.5bn after another fundraise.
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- May 26 2022
India’s Digit Insurance seeks US$500m IPO: report
The company plans to file its prospectus to the market regulator by September.
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- April 21 2022
Sunshine Insurance submits HK IPO application
Last year Sunshine P&C saw GWP hit US$6.37bn.
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- April 8 2022
China’s Sunshine Insurance makes overseas IPO filing
It's reported the Beijing-headquartered group could raise as much as US$2bn in Hong Kong.
