Ageas to streamline European portfolio with French business sale to Carac

International insurance group Ageas has announced the sale of its French life insurance, savings, and pension business to La Mutuelle Epargne Retraite Prévoyance Carac...

Deutsche Rück strengthens board with appointment of Caren Büning from SCOR

Reinsurer Deutsche Rück is adding Caren Büning to its board of directors in January 2024, with Büning set to head up the newly formed...
AEON Credit Insurepro

Malaysia-listed AEON Credit gets central bank’s nod to buy Insurepro

AEON Credit Service, a listed consumer finance company, announced that it has obtained approval from Bank Negara Malaysia to acquire 100% interest in insurance...
anycover

Singapore insurtech startup anycover secures $450k in pre-Seed funding

Singapore-based insurtech startup anycover announced that it has raised US$450,000 in a pre-seed funding round led by Powerhouse Ventures, with participation from 1337 Ventures...
YAS MicroInsurance

YAS MicroInsurance raises pre-Series A funding from 500 Startups

YAS MicroInsurance, a Hong Kong-headquartered microinsurance startup, announced raising an undisclosed amount in its pre-Series A funding round led by global venture fund 500...

China Life Insurance, 10 other state-owned insurers establish $4.9bn equity fund

China Life Insurance and 10 other state-owned life insurers, together with one state-owned fund manager, have established a massive equity investment fund worth CNY33.9...