Industry Segments: Fund raising Page 3 / 6
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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.
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- March 11 2022
Australian broker PSC raises US$59m for M&A
ASX-listed firm is targeting commercial broker deals in Australia and the UK.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- February 17 2022
FWD to file Hong Kong IPO prospectus: report
Last year the firm decided against a listing in New York.
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- February 14 2022
MGA FloodFlash targets Japan, Australia after raising US$15m
Investors in the parametric insurtech include MS&AD Ventures and Munich Re Ventures.
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- February 9 2022
Tokio Marine makes strategic investment in cat specialist ICEYE
The two firms will collaborate on claims and nat cat products.
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- February 9 2022
Aussie climate tech firm FloodMapp raises US$6m
The funding round for the cat modeller was led by Union Square Ventures’ Climate Fund.
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- January 31 2022
Descartes Underwriting eyes Hong Kong after US$120m raise
The parametric specialist is also seeking to expand its Singapore and Sydney hubs.
