FeaturedInsuranceKenya Re to set up re-takaful unit in Egypt in 2021Pritam BordoloiMarch 13, 2020 by Pritam BordoloiMarch 13, 2020 The insurer increased its cash reserves through issuance of 2.099 billion of new shares... Read more
BrokerageFeaturedAon to acquire rival Willis Towers Watson for $30 bn in all-stock dealBharath KumarMarch 11, 2020March 18, 2020 by Bharath KumarMarch 11, 2020March 18, 2020 The acquisition will create one of the largest insurance brokers in the world, with a valuation of $80 billion... Read more
FeaturedInsuranceAviva plans to sell all shares in Astra Aviva Life to Astra InternationalBharath KumarMarch 10, 2020March 18, 2020 by Bharath KumarMarch 10, 2020March 18, 2020 The deal is subject to regulatory approval and Bangkok Bank’s acquisition of Bank Permata in Indonesia... Read more
FeaturedInsuranceUOB, Prudential Singapore launch savings account with cancer coverBharath KumarMarch 9, 2020March 18, 2020 by Bharath KumarMarch 9, 2020March 18, 2020 The insurance will cover six cancer-related illnesses including breast, uterine and ovarian... Read more
FeaturedInsuranceSouth Africa’s King Price buys Stangen, targets life insurancePritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 King Price bought Stangen from African Phoenix Investments for R140 mn... Read more
FeaturedInsuranceLloyd’s crypto-insurance policy to protect investors against hacksBharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 4, 2020March 18, 2020 Lloyd's syndicate Atrium developed the policy in collaboration with Coincover... Read more
FeaturedInsuranceSingapore insuretech startup Uncharted raises $5.8 mn to develop operationsBharath KumarFebruary 28, 2020March 18, 2020 by Bharath KumarFebruary 28, 2020March 18, 2020 Uncharted will used the proceeds to drive its expansion into into key markets in Asia-Pacific, Europe and North America... Read more
FeaturedInsuranceBangkok Insurance delivering value to all stakeholders in Thailand’s insurance industryBharath KumarFebruary 28, 2020March 18, 2020 by Bharath KumarFebruary 28, 2020March 18, 2020 The firm has been consecutively ranked among the top three in the domestic market... Read more
FeaturedTechnologyMUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more
FeaturedInsuranceGreat Eastern, Generali become potential bidders for Axa-AffinBharath KumarFebruary 19, 2020March 18, 2020 by Bharath KumarFebruary 19, 2020March 18, 2020 The first round of bidding is expected to be wrapped up by the end of next month... Read more