Industry Segments: Fund raising Page 5 / 7
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- October 8 2021
Japan Post stake sale draws line under mis-selling scandal
Revenue at the group's insurance arm has bounced back after a sales ban due to widespread employee misconduct.
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- October 6 2021
Swiss Re weighs investment in Paytm Insurance: report
The digital payments firm is reportedly looking to formalise its insurance operations as it eyes an acquisition of Raheja QBE.
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- September 24 2021
FWD posts NYSE IPO filing
The Hong Kong-headquartered pan-Asia life player is eyeing a potential US$13bn valuation.
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- September 20 2021
Prudential to raise nearly US$3bn to boost Asia growth
The London-based insurer says it is particularly focused on China, India, Hong Kong, Indonesia and Thailand.
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- September 16 2021
India seeks US$100bn plus valuation for LIC – report
The government is considering selling a 5-10% stake in the life insurance player.
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- September 2 2021
Australia’s Open raises US$23m amid overseas push
The Sydney-based insurtech plans to launch in New Zealand and the UK by mid-2022.
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- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
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- August 10 2021
Digit Insurance fundraise driven by solvency requirements, chair says
Founder Kamesh Goyal tells IAN the insurtech saw a 63% increase in GWP in Q1 2021.
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- August 4 2021
United India Insurance frontrunner candidate for IPO
The general insurer's performance is relatively better than some of its state-owned peers.
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- August 3 2021
Indian insurtech Policybazaar to raise US$809m in IPO
The company lost Rs1.5bn in FY 2020 compared with a Rs3bn loss the previous year.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 26 2021
Indian insurtech Policybazaar to raise US$870m in IPO: reports
The online aggregator could be worth up to US$5bn as the sector benefits from the digital economy.
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- July 6 2021
Insurtech Profile: gettgo
The Thai firm has millions of users and wants to introduce a smart search engine for health insurance.
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- July 2 2021
Bolttech raises US$180m for growth push
Insurtech operates in HK, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Vietnam.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 10 2021
Insurtech wefox targets Asia’s ‘high expectations’: CEO says
CEO tells IAN the region is an "obvious" choice for growth.
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- May 18 2021
Acko eyes unicorn status and mulls IPO–report
The Mumbai-based insurtech has a number of high-profile investors including Amazon and Munich Re.
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- May 4 2021
Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
The firm is confident it can capture China's underserved health insurance market.
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- April 30 2021
Allianz-backed WeLab eyes IPO: report
The Hong Kong headquartered digital bank and insurtech could be valued at US$1.5-2bn.
