Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff October 26, 2021 Insurer American International Group announced senior leadership changes that it says strengthen the organization to deliver on its main priorities...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
Russia’s Renaissance Insurance to Cut Size of IPO to $250M: Sources October 20, 2021 MOSCOW – Russia’s Renaissance Insurance Group will reduce the size of its IPO to $250 million from an initial $290...
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’...
Russia’s Renaissance Insurance Seeks $1 Billion Valuation in IPO October 11, 2021 By Yuliya Fedorinova and Áine Quinn Renaissance Insurance Group JSC, Russia’s largest online policy provider, set a price range for its initial public offering in Moscow...
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...