FWD Mulls Options for $10 Billion Insurer After IPO Delay, Sources Say February 15, 2024 By Manuel Baigorri, Vinicy Chan and Elffie Chew FWD Group Holdings Ltd., the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale...
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...
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...
Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources February 18, 2020 By Elffie Chew, Manuel Baigorri and Vinicy Chan Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses...
Coronavirus Tests China’s Work-From-Home Capabilities February 4, 2020 By Vinicy Chan, Shelly Banjo, Livia Yap and Colum Murphy Thanks to the coronavirus outbreak, working from home is no longer a privilege, it’s a necessity. While factories, shops, hotels...
Ping An Insurance Readies $8 Billion IPO of Fintech OneConnect February 25, 2019 By Vinicy Chan and Lulu Yilun Chen Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of...
China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit November 1, 2018 By Vinicy Chan, Crystal Tse and Manuel Baigorri Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of...
China’s Anbang Weighs Sale of Hexie Health Insurance: Sources July 16, 2018 By Manuel Baigorri and Vinicy Chan Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm...
SoftBank Plans $400M Investment in Ping An’s Health-Care Portal: Sources January 22, 2018 By Crystal Tse and Vinicy Chan SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal...
Fosun ‘Seeking Investors’ for Minority Stake in Reinsurance Unit, Peak Re March 31, 2017 By Jonathan Browning and Vinicy Chan Fosun International Ltd., the Chinese insurance-to-tourism conglomerate, is seeking investors for a minority stake in its reinsurance business ahead of...