Subject: Fund raising Page 1 / 7
-
- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
-
- June 26 2025
FWD Group starts bookbuilding for US$442m Hong Kong IPO
Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.
-
- June 20 2025
FWD Group could launch Hong Kong IPO as early as this month
Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.
-
- June 4 2025
Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital
Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.
-
- May 20 2025
FWD Group’s Hong Kong IPO would be ‘credit positive’: Moody’s Ratings
Hong Kong-based insurer said on Monday that it had refiled its application, in what is a third attempt to list in the city.
-
- May 19 2025
FWD Group revives Hong Kong IPO, files listing application
Hong Kong insurer could seek several hundred million dollars from the IPO this year, according to a media report.
-
- March 17 2025
Seoul Guarantee shares rally 23% on Kospi debut
Insurer also confirms a 2024 year-end dividend of US$138m for investors holding shares through April.
-
- March 10 2025
KDIC recovers US$125m in public funds from Seoul Guarantee IPO
The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn.
-
- March 5 2025
Seoul Guarantee prices IPO at bottom end of range to raise US$124m
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
-
- March 4 2025
Mitsui Sumitomo eyes global cyber expansion with US$30m Coalition investment
Funding builds on the Japanese insurer's strategic partnerships with the cyber specialist MGA in Australia and Japan.
-
- February 17 2025
Seoul Guarantee scales down IPO valuation by 39% to US$1.5bn: reports
Korean surety and credit insurer reduces its expected offer price range to US$18-22 per share from US$27-36.
-
- February 10 2025
Australia’s upcover secures US$12m in Series A round funding
Round was led by RealVC, with investments from Antler Elevate's Global Fund, Betterlabs and Gandel Invest, and US$5m debt from Marshall Investments.
-
- December 20 2024
bolttech raises US$100m+ Series C funding at US$2bn valuation
New round of funding led by Dragon Fund is supported by Baillie Gifford and Generali's private equity company Lion River.
-
- November 8 2024
Global funding for insurtech tops US$1.38bn in Q3 driven by AI-centred deals: Gallagher Re
The number of deals struck in Q3 2024 fell to 77, the lowest in nearly four years.
-
- July 15 2024
Ping An Insurance eyes US$3.5bn fundraise: report
The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
-
- July 4 2024
Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
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.
-
- June 6 2024
FWD Group revives IPO plan, targets valuation up to US$9bn: report
The offer size and timeline for the initial public offering are yet to be finalised, Reuters said in a report quoting three anonymous sources.
-
- May 20 2024
Fairfax-backed Go Digit’s US$314m India IPO fully subscribed
The IPO was 9.6 times subscribed at the close of bookbuilding and is slated for trading on May 23.
-
- May 10 2024
Fairfax-backed Go Digit’s downsized IPO set for May 15 launch
The listing on Indian stock exchanges could raise up to US$313m after the digital insurer reduced the new shares on offer and nearly halved the size of existing shares sale.
-
- April 30 2024
Singapore’s Income Insurance debut on digital securities exchange
Trading on platform AltaX provides liquidity to the insurer's almost 16,000 shareholders, who hold stocks valued at about US$619m.
