Indian gov-owned LIC eyes IPO
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India’s state-run Life Insurance Corporation (LIC) announced yesterday that it would sell 5% of its shares to raise $8B. If approved, it would be the largest IPO in the country’s history.
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Fintech News Stories
A Big Funding Week for Insurtech
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We took note of some interesting insurtech funding developments this week. (And yes, since we’re not living under a rock, we had our own, “Well, well, well, would you look at that?” moment about the Charles Schwab/TD Ameritrade news.)
Read MoreBeefing Up Healthtech Cybersecurity
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In today’s always-on digital world, cybersecurity is a chief concern for most industries. With the rise of so many internet-connected devices, there are exponentially more attack vectors through which hackers can target organizations than ever before.
Read MoreInvestors Love Insurtech
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Insurtech is a booming sector, and deep-pocketed investors show no sign of slowing down in pouring money into the next hot start-up. The latest example is Health IQ Insurance Services, Inc., which this week announced it has raised $55 million in growth capital, bringing its total funding raised to $140 million.
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