IPO
Hong Kong tycoon Richard Li's insurance arm gears up for $3bn IPO
FWD releases prospectus for U.S. share offering
Property & Services
Business deals
Eyeing climate change, Japan's Sompo to buy Italian crop insurer
Extreme weather boosts demand for agricultural coverage
Business deals
HSBC snaps up Axa's Singapore insurance assets for $575m
Bank aims to scale up its wealth management in Asia expansion
Business deals
Japan's Dai-ichi Life to buy Westpac's insurance arm in Australia
Deal worth $664m will give Dai-ichi subsidiary TAL one-third market share
Companies
AIA to buy 25% stake in China Post Life Insurance for $1.9bn
Investment gives life insurer access to mass market clients in China
Business deals
Tokio Marine to buy US work benefits insurer for around $200m
Exclusive: Japanese group expands American reach to smaller employers with latest deal
Insurance
Mitsui Sumitomo Insurance to spend $4.5bn on M&A, with eye on US
Japanese insurer aims to tap into North American specialty market
Finance
Tokio Marine's pandemic review unspools into Greensill collapse
Japanese insurer failed to uncover problems at time of taking on policies
Insurance
Dai-ichi Life targets 30% cut in portfolio CO2 emissions by 2025
Japan insurer would sell $6.5bn in assets as it seizes the initiative on climate change
36Kr/KrASIA
Chinese insurance lesson startup reels in Tencent and Sequoia
Middle class-focused Xiaobangguihua develop technology and builds brand
Companies
Mitsui Sumitomo Insurance to invest $350m in US startup Hippo
Japanese provider embraces AI to predict and mitigate disaster damage
Insurance
Nippon Life offers insurance to low-income Asians at 40 cents a month
Japanese provider looks to tap $90bn-plus sector with microinsurance
Startups
Indonesia insurtech startup expects market boost from COVID
PasarPolis taps rising demand in Southeast Asia's most populous nation
Business deals
Japan's Sompo buys US crop insurer as weather risks grow
Deal helps diversify coverage and manage swings from climate change
Business Insight
Ping An's rainy day policy isn't insurance
Chinese group's tech-centered diversification will tide it through COVID troubles
Transportation
Japan Post considers sale of Australian logistics business
Toll weighed down by domestic delivery and international forwarding losses
Finance
Chinese finance platform Lufax files for US IPO of up to $3bn
Investors snap up shares in KE Holdings, biggest such offering since 2018
Technology
Robot-friendly workplaces: Japan sees shared rules paving path
Public-private project looks to expand technology beyond manufacturing
Agriculture
Mitsubishi Estate digs into smart greenhouse farming
Property developer aims for year-round vegetable supplies in tie-up with Japan grower
Finance
Vulture funds poised to swoop in on non-performing loans in China
Pragmatic government needs foreign money to tackle high level of distressed debt
