Subject: Fund raising Page 6 / 7
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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.
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- April 20 2021
D&O cover in spotlight as Asia eyes SPACs boom
Expert tells IAN the market has seen an increase in enquiries for cover from Asia-based funds.
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- April 19 2021
China’s Waterdrop plans NYSE IPO
The insurtech saw GWP top US$2bn in 2020 according to a regulatory filing.
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- March 31 2021
Philippines insurtech targets SE Asia after aggregator launch
Kwik.insure founder tells IAN it is eyeing Vietnam following local tie-up with 15 insurers.
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- March 11 2021
Insurtech Profile: Igloo
Company founder and CEO Wei Zhu tells IAN the cloud-based micro-insurer is eyeing an acquisition in one of its existing markets.
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- March 10 2021
Korea’s Shinhan raising funds for potential P&C buy: report
The country's general insurance market has also drawn interest from leading digital platforms like Kakao and Naver.
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- March 8 2021
WeLab targets Asia insurance after US$75m fundraising
The Series C round was led by the digital investment unit of Allianz.
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- March 5 2021
Singapore’s Symbo targets India after US$9.4m fundraise
Insurtech to make senior hires after attracting new investors from China and the US.
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- February 17 2021
Insurtech profile: Galileo Platforms
The Hong Kong-based blockchain specialist's partners include Singlife Philippines, Amodo and DXC.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 14 2021
Vietnam’s MoMo raises US$100m in Series D round
The insurtech’s partnership with state-owned Bao Viet offers motor, health and travel coverage.
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- January 6 2021
Singapore insurtech GoBear shutters doors
An inability to raise new funds amid Covid-19 cited as the reason for the closure.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 15 2020
Prudential Financial VC fund eyes APAC insurtechs
PruVen Capital will hold US$300m in capital in its first fund.
