Thailand-based insurtech Sunday raises $9 mn to expand in SE Asia
The funding round is led SCB 10X, the venture capital arm of the Siam Commercial Bank...
Tag : Southeast Asia insurance
Indonesian insurtech PasarPolis secures $54mn in Series B funding
Investors such as LeapFrog Investments, SBI Investment, and Xiaomi participated in the funding round...
Singtel launches insurance saving plan on its Dash app
The insurance plan has a minimum initial premium of S$2,000, up to a maximum of S$20,000...
Indonesian insurtech Qoala secures $13.5 mn funding amid pandemic
The startup plans to increase its workforce to 300 by next year...
Singapore’s Insurtech Axinan raises funding, rebrands as Igloo
InVent, Openspace Ventures, Linear Capital, Singtel Innov8, Cathay Innovation, and Partech Partners participated in the funding round...
American insurance firms invest RM31 bn in Malaysia
36% of the investments went into government bonds, 19% into infrastructure, and 7% into stocks...
Philip Morris’ insurance arm carves a new market: Japan’s vapers
Philip Morris’ iQOS, a tobacco heating system dominates the Japanese market with a market share of around 70 percent...
Several rivals interested in $2.75 bn Aviva Asia insurance unit
Aviva is in talks with a financial adviser regarding the possible sale and a formal process could begin in the fourth quarter...
FWD Group buying Siam Commercial Bank’s insurance unit for $3 bn
The deal is Southeast Asia's largest insurance M&A deal as the region continues to attract foreign insurers...