Foreign Institutional Investors Steer Clear of India’s Biggest IPO May 9, 2022 By Julia Fioretti and Nupur Acharya Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency...
Generali to Raise Stake in Indian P/C Insurance Joint Venture to 74% January 27, 2022 Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the...
Allianz Becomes First Wholly Foreign-Owned Life Insurer in China November 17, 2021 Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become...
India Plans to Let Foreign Investors Hold 20% Stake in Life Insurance Corp.’s IPO October 8, 2021 By Shruti Srivastava India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to...
India Increases Limit on Foreign Direct Investment in Insurance Companies March 22, 2021 By Vrishti Beniwal India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give...
India’s New Rules for Insurance Investments Could Attract U.S., European Insurers February 1, 2021 NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can...
European Companies to Seek Chinese Assets in Sectors Such as Insurance, Healthcare January 8, 2021 By Kane Wu European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world’s...
China Plans to Relax Rules on Foreign Ownership of Domestic Life Insurers: Sources April 9, 2020 China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic...
China Opens Financial Sector to Increased Foreign Investment July 22, 2019 By Bloomberg News China opened up its financial sector to more foreign investment as the government said it will take targeted measures to...
Update: Italy’s Generali Calls on China to Further Open Financial Services Sector July 10, 2019 Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more...