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...
Hong Kong Firms, Including FWD, Are Flagging China Risks in U.S. IPO Filings September 30, 2021 By Julia Fioretti Hong Kong-based companies with little to no presence in mainland China are the latest to warn about the risks they...
Russia’s Renaissance Insurance Plans to Raise Up to $290M in IPO on Moscow Exchange September 27, 2021 By Andrey Ostroukh Renaissance Insurance Group said on Monday it plans to list its shares on the Moscow Exchange and raise up to...
Hong Kong Tycoon Richard Li’s Insurer FWD Makes U.S. IPO Filing Public September 24, 2021 Insurance company FWD Group Holdings Ltd., owned by Hong Kong billionaire Richard Li, made its filing for a stock market...
India Likely to Block Chinese Investment in IPO of Insurance Giant LIC: Reuters September 23, 2021 By Aftab Ahmed, Manoj Kumar and Nupur Anand New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp. (LIC) which is...
Russia’s Largest Online Insurer Weighs Acquisitions Ahead of Possible IPO September 23, 2021 By Jake Rudnitsky Renaissance Insurance, Russia’s largest online policy provider, is trawling the country’s traditional insurers for acquisition targets as it prepares for...
Israeli Fintech Pagaya Agrees to Go Public via $8.5B SPAC Deal September 15, 2021 By Sohini Podder, Noor Zainab Hussain and Aakriti Bhalla Israeli fintech Pagaya on Wednesday agreed to go public through a merger with special-purpose acquisition company EJF Acquisition Corp in...
Genworth Targets $3B Valuation in Mortgage Insurance Unit’s IPO September 14, 2021 By Sohini Podder Genworth Financial Inc. on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation...
Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters September 6, 2021 Renaissance Insurance Group is planning to hold an initial public offering on the Moscow Exchange potentially as early as this...
HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO August 5, 2021 By Andrew G. Simpson HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and...