Growth of life insurance business continues to slow in October 2023

Published on December 8, 2023
The mainland Chinese insurance industry grew by 10.1% in the first 10 months of this year to a cumulative CNY4.52tn ($638bn), according to data released by the National Administration of Financial
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Moody's changes outlook on 10 insurers

December 8, 2023
Moody's Investors Service yesterday changed to 'Negative" from 'Stable' the outlooks on nine Chinese insurers and a related overseas subsidiary, following Moody's affirmation of the Government of

Insurtech Igloo closes $36m Pre-Series C funding round

December 8, 2023
Igloo, a regional insurtech has closed a US$36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, led the investment.At the same time, Openspace and La Maison, who previously participated in Igloo’s Series B and Series B+ fundraises, also joined in on the investment.According to the announcement, Eurazeo invested