AIG’s Life and Retirement Unit Files for IPO March 29, 2022 The holding company of U.S. insurer American International Group Inc.’s life and retirement business, SAFG Retirement Services Inc., filed for...
India Plans to Launch Life Insurance Corp.’s Delayed IPO in April: Sources March 14, 2022 By Manoj Kumar and Aftab Ahmed India aims to launch its $8 billion listing of state-run Life Insurance Corp. (LIC) by mid-April, two government sources said,...
India Approves Up to 20% Foreign Direct Investment in Giant Insurer LIC: Source February 28, 2022 India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp...
Prospective Investors in Giant LIC IPO Worried About Gov’t Control of Insurer: Sources February 22, 2022 By Nupur Anand, Aftab Ahmed and Scott Murdoch Prospective investors in Life Insurance Corp. of India’s (LIC) $8 billion IPO are seeking assurances from company management that it...
India’s State-Run Insurer LIC Set to Launch Record $8 Billion IPO on March 11: Sources February 18, 2022 By Scott Murdoch, Aftab Ahmed and Nupur Anand A public offering of shares by India’s state-run Life Insurance Corp (LIC), set to be the country’s biggest yet at...
Insurance Broker Hengguang Among Chinese Firms Filing Small New York IPOs February 15, 2022 By Samuel Shen and Scott Murdoch At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end...
India’s Life Insurance Corp. Files IPO Papers to Potentially Raise $8 Billion February 14, 2022 By Nupur Anand, Aftab Ahmed and Sudarshan Varadhan State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its...
Life Insurance Corp. of India’s Embedded Value Set at More Than $66.8B: Gov’t Official February 3, 2022 By Aftab Ahmed and Manoj Kumar NEW DELHI – State-run Life Insurance Corp. of India’s (LIC) embedded value has been finalized at more than 5 trillion...
Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources January 19, 2022 By Scott Murdoch Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering...
LIC Could Begin Issuing Public Shares for India’s Biggest IPO by Mid-March: Sources January 14, 2022 By Aftab Ahmed and Nupur Anand Life Insurance Corp. (LIC), India’s largest insurer, could publish key details of its mammoth initial public offering (IPO) this month...