Fund raising – InsuranceAsia News https://insuranceasianews.com/industry_segments/fund-raising/ Fri, 31 Oct 2025 03:46:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Hong Kong’s Cyberport aids Otonomi’s US$5m Series A funding round https://insuranceasianews.com/hong-kong-cyberport-aids-otonomis-us5m-series-a-funding-round/ Fri, 31 Oct 2025 03:44:48 +0000 https://insuranceasianews.com/?p=203256 Oversubscribed round for the New York City-headquartered blockchain-enabled parametric insurance platform was also led Hivemind Capital, Rothschild & Co Asset Management, ATX Venture Partners, and Portline Capital.

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Pioneering blockchain-enabled parametric insurance platform Otonomi has successfully completed a US$5 million Series A funding round, with Hong Kong Cyberport among a consortium of distinguished insti...

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]]> FWD Group debuts on Hong Kong stock exchange https://insuranceasianews.com/fwd-group-debuts-on-hong-kong-stock-exchange/ Sun, 06 Jul 2025 23:37:16 +0000 https://insuranceasianews.com/?p=194567 Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.

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Hong Kong-based insurer FWD Group started trading on the main board of the Hong Kong stock exchange on Monday, with shares opening flat but falling in early trade by as much as 2.5%. The shares, tradi...

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]]> FWD Group’s US$442m Hong Kong IPO covered 38 times: report https://insuranceasianews.com/fwd-groups-us442m-hong-kong-ipo-covered-38-times-report/ Thu, 03 Jul 2025 05:00:56 +0000 https://insuranceasianews.com/?p=194370 Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.

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Insurer FWD Group has reportedly attracted HK$13.1 billion (US$1.7 billion) from retail bookbuilding for its initial public offering on the Hong Kong stock exchange covering the book nearly 38 times.
...

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]]> FWD Group starts bookbuilding for US$442m Hong Kong IPO https://insuranceasianews.com/fwd-group-starts-bookbuilding-for-us442m-hong-kong-ipo/ Thu, 26 Jun 2025 02:17:59 +0000 https://insuranceasianews.com/?p=193793 Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.

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Insurer FWD Group has kicked off bookbuilding for its up to HK$3.5 billion (US$442 million) initial public offering on the Hong Kong stock exchange on Thursday.
The Hong Kong-based insurer, backed by ...

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]]> FWD Group could launch Hong Kong IPO as early as this month https://insuranceasianews.com/fwd-group-could-launch-hong-kong-ipo-as-early-as-next-week-reuters/ Fri, 20 Jun 2025 03:41:11 +0000 https://insuranceasianews.com/?p=193352 Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.

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FWD Group could launch its Hong Kong initial public offering (IPO) to raise about US$500 million as early as this month, according to Reuters.
The Hong Kong-based insurer, backed by billionaire Richar...

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]]> Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital https://insuranceasianews.com/bolttech-closes-us147m-series-c-fundraise-from-sumitomo-iberis-capital/ Wed, 04 Jun 2025 15:38:58 +0000 https://insuranceasianews.com/?p=192048 Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.

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Singaporean insurtech bolttech has closed a US$147 million series C fundraise from strategic investors including Japanese trading house Sumitomo Corporation and private equity firm Iberis Capital, the...

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]]> FWD Group’s Hong Kong IPO would be ‘credit positive’: Moody’s Ratings https://insuranceasianews.com/fwd-groups-hong-kong-ipo-would-be-credit-positive-moodys-ratings/ Tue, 20 May 2025 11:23:34 +0000 https://insuranceasianews.com/?p=190935 Hong Kong-based insurer said on Monday that it had refiled its application, in what is a third attempt to list in the city.

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FWD Group's potential IPO would be "credit positive" for the insurer, according to Moody’s Ratings.
The Hong Kong-based insurer, backed by billionaire Richard Li, said on Monday that it had refiled an...

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]]> FWD Group revives Hong Kong IPO, files listing application https://insuranceasianews.com/fwd-group-revives-hong-kong-ipo-files-listing-application/ Mon, 19 May 2025 14:08:15 +0000 https://insuranceasianews.com/?p=190889 Hong Kong insurer could seek several hundred million dollars from the IPO this year, according to a media report.

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FWD Group has refiled an application for a Hong Kong IPO on Monday, the company said.
The Hong Kong-based insurer, backed by billionaire Richard Li, is reviving its IPO having delayed its listing plan...

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]]> Seoul Guarantee shares rally 23% on Kospi debut https://insuranceasianews.com/seoul-guarantee-shares-rally-23-on-kospi-debut/ Sun, 16 Mar 2025 23:00:18 +0000 https://insuranceasianews.com/?p=178607 Insurer also confirms a 2024 year-end dividend of US$138m for investors holding shares through April.

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Korean surety and credit insurer Seoul Guarantee Insurance (SGIC) concluded its first trading day on March 14 at KRW32,000 (US$22) per share, a 23% gain from its offering price of KRW26,000.
The stock...

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]]> KDIC recovers US$125m in public funds from Seoul Guarantee IPO https://insuranceasianews.com/kdic-recovers-us125m-in-public-funds-from-seoul-guarantee-ipo/ Mon, 10 Mar 2025 10:39:08 +0000 https://insuranceasianews.com/?p=178141 The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn. 

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The Korean Deposit Insurance Corporation (KDIC) has recovered KRW181.5 billion (US$124.7 million) in public funds through the initial public offering (IPO) of Korean surety and credit insurer Seoul Gu...

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