Ping An Insurance eyes US$3.5bn fundraise: report
July 15 2024 by InsuranceAsia News
MORE FROM: Capital Markets
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Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
- July 4
The higher compliance costs, coupled with earning swings due to market volatility, could lead to an increase in M&A in the sector and force some insurers to raise more capital, said S&P Global Ratings.
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Great Eastern’s minority shareholders demand better offer from OCBC: report
- May 29
The take-private offer is priced at a 30% discount to the Singaporean insurer's embedded value, a metric often used to value insurance firms elsewhere, shareholders say.
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Fairfax-backed Go Digit makes a quiet trading debut
- May 23
The US$314m IPO was priced at the top end of the price band valuing the digital insurer at US$3bn.
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Fairfax-backed Go Digit’s US$314m India IPO fully subscribed
- May 20
The IPO was 9.6 times subscribed at the close of bookbuilding and is slated for trading on May 23.
Partner Content
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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