Subject: Fund raising Page 5 / 7
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- January 20 2022
FWD raises US$200m from ORIX and Huatai Securities
The Hong Kong insurer launched a private placement in December.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- December 21 2021
FWD formally abandons US listing
The insurer is eyeing an IPO in its home city of Hong Kong amid ongoing tension between Beijing and Washington.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
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- November 12 2021
FWD eyes potential Hong Kong IPO listing — report
A US listing has become more complex for Hong Kong firms amid ongoing tensions between Beijing and Washington.
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- November 10 2021
Sunshine Insurance exploring HK IPO in 2022 — report
The Beijing-headquartered firm is one of the seven largest insurance companies in China.
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- October 20 2021
HK’s Bowtie raises US$22.6m from Mitsui, Sun Life
The life and health digital insurer is looking to expand in the Greater Bay Area.
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- October 19 2021
Policybazaar parent gets IPO nod from India regulator: report
Parent PB Fintech has been labeled a “foreign-owned and controlled” entity and counts Softbank and Tencent as investors.
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- October 14 2021
Nexus eyes Asia M&A after US$95m cash injection
The MGA has been growing its presence in the region over the last few years.
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- October 14 2021
Singapore insurtech Surer closes seed funding round
Global specialist insurer Markel has participated in the US$1m seed round.
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- October 13 2021
Munich Re Ventures raises US$500m, seeks insurtech opportunities
The reinsurer's VC arm has already invested millions of dollars into Indian insurtech Acko.
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- October 12 2021
India may allow foreign investors to own 20% of LIC–report
Bloomberg report says government to discuss on Wednesday overseas participation in India's biggest IPO.
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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.
