Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources September 22, 2022 By Manuel Baigorri and Elffie Chew AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the...
Chubb in Advanced Bancassurance Talks With Hong Kong’s Hang Seng Bank: Sources September 20, 2022 By Manuel Baigorri Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender...
Hong Kong Insurer FWD Refiles Application for Hong Kong IPO, Eyeing 2023 Listing September 14, 2022 By Manuel Baigorri FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong...
Hong Kong’s Hang Seng Bank Seeks New Bancassurance Partner After QBE Deal Expires August 15, 2022 By Manuel Baigorri Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after...
Allianz Weighs Sale of Stake in Saudi Arabia Unit August 9, 2022 By Manuel Baigorri Allianz SE is considering a sale of its Saudi Arabian unit, people familiar with the matter said, a move that...
Insurtech Unicorn Bolttech Weighs Raising $300M in Fresh Funds January 28, 2022 By Vinicy Chan and Manuel Baigorri Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million...
Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO December 14, 2021 By Manuel Baigorri Billionaire Richard Li’s FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed...
FWD Group’s $2 Billion Insurance IPO Stalls in U.S.: Sources October 18, 2021 By Manuel Baigorri and Julia Fioretti Billionaire Richard Li’s U.S. initial public offering of his Asian insurance group, FWD Group Holdings Ltd., is stalling amid regulators’...
Zurich Insurance Weighs Selling Some Australian Non-Core Assets September 17, 2021 By Manuel Baigorri Zurich Insurance Group AG is considering a sale of some of its general insurance assets in Australia as the Swiss...
China Revives Sale of Dajia Insurance, the Firm Created to Take Over Troubled Anbang April 9, 2021 By Manuel Baigorri and Vinicy Chan China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of...