Piramal, Zurich Insurance consider joint bid for Reliance General Insurance
Indian business conglomerate Piramal Group and Zurich Insurance are looking to form a joint venture to take over Reliance General Insurance, reported The Economic Times,…
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Royal London Ireland forays into pensions market
Royal London Ireland has forayed into Irish pensions market by making a multi-million euro investment. This is said to be…
India’s Medi Assist to buy 100% stake in Medvantage TPA
Medi Assist, a health insurance third party administrator (TPA) in India, is set to acquire 100% stake in Medvantage Insurance…
UK insurtech raises millions in latest funding round despite investment into the sector drying up
UK-based insurtech Stubben Edge Group has secured an additional £5.6m in investment despite GlobalData findings showing that total investment into…
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High potential in Chubb and Hang Seng Bank’s partnership lies in Hong Kong’s use of the banking distribution channel
According to GlobalData’s 2022 Financial Services Consumer Survey, over 60% of Hong Kong (China SAR) consumers who buy any insurance…
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Life insurtech platform Inclined raises $15m in Series A
Life insurtech firm Inclined Technologies has raised $15m in a Series A funding round led by HSCM Ventures. The round was also…
Prudential Financial eyes stake in ABC Life for China expansion
US insurer Prudential Financial is exploring the option of acquiring a minority stake in China-based ABC Life Insurance, reported Bloomberg…
Brazil’s Bradesco eyes M&A opportunities to expand insurance operation
Bradesco’s insurance arm is looking for new acquisition opportunities in the healthcare sector, Reuters reported citing chief executive Octavio Lazari. Speaking to…