Canada Life is one of the oldest and most stable life insurers in the country. Up until recently, it came second to Manulife in number of annual premiums — which was no surprise given that Manulife is one of the largest companies in the world. But, in 2020,Great Wes...
Founded in 1956 by nationalising and combining 245 insurers, LIC was for decades synonymous with life insurance in post-independence India, until the entry of private companies in 2000. It continues to lead the pack with a 61 percent share of the life insurance market in a country of 1.4 bi...
but thanks to the resources they have access to, they have grown into massive enterprises spanning on a global scale. It is a developer’s dream to be able to work in one of these technology companies in Singapore.
The IPO market of 2021 was a record-breaker of sorts. Never has so much money been raised via IPOs in a given year. If I remember correctly, Indian companies raised more than Rs 1.15 lakh crore (or almost $16 billion) last year. And some of the names last year were eagerly awaited ...
Update: Record $2.7 Billion IPO by India’s Life Insurance Corp. Is Oversubscribed While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds. “Foreign institutional investors have been pulling out heavily in the seco...
A real estate investment vehicle that may only be offered by life insurance companies. This ownership arrangement enables an ERISA-governed fund to avoid the creation of unrelated taxable income for certain types of property investments and investment structures. Interest The price paid for the use...
Today is the 20th anniversary of the founding of Crystal Clear Communications, Ellen Resnick‘s public relations firm providing communications counsel to, and partnering with, leading financial exchanges, clearing, brokerage and trading firms, and fintech and regtech companies across multiple continen...
Insurance regulators have unveiled plans for the first-ever industry-wide capital standards, which about 50 of the world's biggest insurance companies would have to comply with by 2019. The capital proposals are designed to protect policyholders as well as limit risks to the broader financial syst...
The Singapore-based proptech major has said thatnearly 59% of shareholdersin Peter Thiel-backed SPAC Bridgetown 2 redeemed their shares before approving a business combination between the two companies. SPAC redemptions are seen as an indicator of investor confidence in a successful SPAC merger. As...
The largest Chinese companies have market interests in construction, oil production, insurance, banking, and technology. Some of the stocks below are only tradedover-the-counter (OTC)in the U.S., not on exchanges. Trading OTC stocks often carry higher trading costs than trading stocks on exchan...