Industry Segments: Private Equity Page 1 / 3
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- June 15 2023
TA Associates explores Honan exit at US$300-400m valuation: report
The private equity firm took an undisclosed stake in the acquisitive Australian P&C broker in 2020.
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- April 18 2023
Fusion backer receives investment from Direct Capital
Pop Holdings will use the investment to expand its international footprint, attract talent, and introduce products througn M&A.
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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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- February 18 2021
Private equity hunger for Asia insurers to grow
Global PE firm Carlyle has targeted South Korea's reinsurance space.
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- March 31 2020
KDB Life won’t face fine and expects potential buyers
The Korea Development Bank is in the process of selling the insurer for the fourth time since 2014.
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- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- February 24 2020
Korea’s KDB to be fined if life business unsold by March
The life player is on the market for the fourth time.
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- January 23 2020
Charles Taylor delists as US$372m PE takeover finalised
Private equity buyer Lovell Minnick Partners was forced to increase the purchase price.
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- December 11 2019
PE players target India’s insurtech Digit
New fundraising could raise Digit’s valuation to around US$800m to US$900m.
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- September 6 2018
KKR, Temasek join bid for SBI General Insurance stake
The 4% stake sale is part of the pre-offer valuation exercise of the Indian insurer before its planned IPO.
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- June 25 2018
MBK puts ING Life Korea stake on sale again
After several failed attempts, the Korean private equity fund continue to look for a buyer for its 59.15% stake.
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- June 4 2018
PE firms target Indian insurance market
There has been a rise in the number of private equity firms interested in acquiring stakes in local insurers.
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- May 23 2018
Warburg Pincus to buy 26% stake in IndiaFirst Life
The private equity firm is lining up to buy Legal and General's stake for approximately US$150m.
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- May 1 2018
Taikang Life backs Baidu’s new brand
The Chinese insurer is among a string of investors in Du Xiaoman, a fintech unit being spun off by the internet giant.
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- April 26 2018
One-third of global insurers aim to increase PE investments
Insurers are increasing private equity investment because past investments in the sector are now yielding profits.
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- December 22 2017
Three insurers in bidding to buy India’s Star Health
ICICI Lombard, HDFC Ergo and Bajaj Allianz have joined the race to buy India's biggest standalone health insurer.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
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- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
