FWD to sell TMB bancassurance contract to Prudential for $630 mn
Prudential’s Thai unit will acquire FWD’s exclusive rights to sell life insurance products using TMB Bank’s platform...
Tag : insurance
Kenya Re to set up re-takaful unit in Egypt in 2021
The insurer increased its cash reserves through issuance of 2.099 billion of new shares...
Aon to acquire rival Willis Towers Watson for $30 bn in all-stock deal
The acquisition will create one of the largest insurance brokers in the world, with a valuation of $80 billion...
Aviva plans to sell all shares in Astra Aviva Life to Astra International
The deal is subject to regulatory approval and Bangkok Bank’s acquisition of Bank Permata in Indonesia...
UOB, Prudential Singapore launch savings account with cancer cover
The insurance will cover six cancer-related illnesses including breast, uterine and ovarian...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
Lloyd’s crypto-insurance policy to protect investors against hacks
Lloyd's syndicate Atrium developed the policy in collaboration with Coincover...
Singapore insuretech startup Uncharted raises $5.8 mn to develop operations
Uncharted will used the proceeds to drive its expansion into into key markets in Asia-Pacific, Europe and North America...
Bangkok Insurance delivering value to all stakeholders in Thailand’s insurance industry
The firm has been consecutively ranked among the top three in the domestic market...
MUFG to invest over $700 mn in Singapore’s Grab
Both parties will jointly develop financial services such as insurance which will be available on Grab’s app...