Singlife, Prudential and Astra join race to buy stake in BNI Life Insurance
Insurance firms such as Singapore Life (Singlife) and Prudential are racing to buy a controlling stake in the life insurance unit of Bank…
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Singlife on lookout for deals in Southeast Asian markets
Insurance firm Singapore Life (Singlife) is scouting for acquisition to expand operations, Bloomberg reported, citing CEO Pearlyn Phau. Particularly, Singlife is looking…
bolttech buys majority stake in Indonesian insurance broker
Singapore-based insurance technology firm bolttech has acquired a majority stake in Axle Asia for an undisclosed sum. Axle Asia is an Indonesian…
Swiss Re partners with Indonesia Re on data services
Swiss Re has teamed up with Indonesia Re to provide members access to analytics solutions and risk consulting services of…
Bank Negara Indonesia considers existing life insurance business
Bank Negara Indonesia (BNI), a government-backed lender, is exploring options including selling its stake in its life insurance arm, Bloomberg has reported…
Indonesian insurtech company Qoala scoops $65m funding
Indonesian insurtech startup Qoala has garnered an investment of $65m in its Series B funding round led by French investment…
Singapore’s Sea looking to enter Indonesian insurance market
Singapore-based technology firm Sea is planning to foray into the Indonesian insurance market, Financial Times reported citing sources. The technology firm has…
Chubb to acquire Cigna’s Asia-Pacific businesses for $5.75bn
Insurance giant Chubb has signed a definitive agreement to acquire the life and non-life insurance businesses of Cigna for $5.75bn…