Insurance
Nippon Life to invest up to $1bn more in insurance consolidator
Japanese insurer taps Resolution Life's expertise in closed-book policy management
Insurance
DealStreetAsia
Taiwan's Fubon Life commits $39.5m to latest AppWorks fund
Fund expected to invest in 50 to 60 deals, if it reaches target size of $360m
Insurance
Japan insurers to continue maritime war insurance in Russia
Underwriting capacity shrinks, but deal designed to keep LNG imports flowing
Ukraine war
Japanese insurers to halt ship insurance for all of Russia
Lack of coverage for war damage could have impact on Japan's LNG imports
DealStreetAsia
Taiwan's Fubon Life sells shares in funds of Tiger Global, 22 others
Tiger Global had invested at least $272m in Southeast Asian startups as of July
Insurance
Japan insurers shun U.S. government debt over currency hedge costs
Cuts to Treasury holdings set to continue, putting upward pressure on yields
Technology
Vietnam and Indonesia don't get insurance. Can fintech help?
Can 'insurtech' achieve profits and data privacy with bite-size products?
IPO
Hong Kong tycoon Richard Li's insurance unit revives stalled IPO
Asia-focused FWD Group shelved plans for $3bn U.S. listing last year
Business deals
Japan's Dai-ichi Life to acquire NZ insurer for $630m
With its growing population, New Zealand will be insurer's 9th overseas market
Insurance
Tokio Marine to sell insurance policies through Amazon
Customers can receive payouts in cash or gift certificates
Insurance
Tokio Marine takes $400m hit from Taiwan COVID payouts
Rush of new customers leads to surge in coronavirus insurance compensation
Insurance
Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400m
Exclusive: Acquisition of Transverse seen bolstering cybercrime coverage in Japan
Finance
India accelerates drive to offload company stakes in rush for cash
Analysts say government will meet key fundraising target despite headwinds
IPO
Indian insurer LIC's IPO closes, oversubscribed nearly threefold
But analysts say prospective listees will have to pare back valuations
Insurance
China's biggest insurer Ping An calls for breakup of HSBC
Top shareholder adds to pressure on U.K. bank struggling to balance China, Western interests
Aerospace & Defense Industries
To the moon: Japanese insurers leap into lunar exploration
Mitsui Sumitomo and Tokio Marine to offer coverage for private-sector missions
Insurance
Thailand shutters two insurers over delayed COVID payments
Southeast Insurance and Thai Insurance sold generous policies at cheap prices
Insurance
Russia sanctions poke holes in insurance for Japanese companies
SWIFT expulsion puts frequently used reinsurance arrangements at risk
Insurance
Japan insurers see growth in Southeast Asia despite COVID slump
Sompo keen to expand care business in region, as others seek acquisitions
IPO
Hong Kong tycoon Richard Li's insurance arm gears up for $3bn IPO
FWD releases prospectus for U.S. share offering
