China: IFC plans to invest in Fosun United Health Insurance

Published on February 26, 2024
The International Finance Corporation (IFC), a member of the World Bank Group, is proposing taking up an equity stake in Fosun United Health Insurance in a deal worth up to CNY270m ($38m).
Continue reading on website
Other news

Asia Pacific: Zurich generates business operating profit in the region of $565m in 2023

February 26, 2024
Zurich's Asia Pacific business saw its business operating profit (BOP) jump by $88m or 18% in the financial year ended 31 December 2023 to $565m, compared to 2022.

Malaysia: Prudential Financial forms JV to acquire life insurer

February 26, 2024
New Jersey-headquartered Prudential Financial (Prudential) and Bank Simpanan Nasional (BSN) have formed a joint venture to acquire 100% of Uni.Asia Life Assurance (UAL). The transaction is valued at