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HSBC sells Singapore insurance business to Germany's Allianz in US$2.09 billion deal
3+ hour, 17+ min ago (155+ words) HSBC said on Friday (Jul 24) it will sell its Singapore life and health insurance business to Germany's Allianz, in a deal valuing the unit at S$2.7 billion (US$2.09 billion). The disposal is expected to generate a pre-tax gain of US…...
Insurance platform Corgi valued at $2.6 billion in latest funding round
1+ mon, 3+ week ago (150+ words) U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration May 28: AI insurance platform Corgi said on Thursday it raised $106 million in a funding round led by investment firm TCV that valued it at $2.6 billion. The funding…...