Latest Funding Headlines

All the headlines from our Funding Topic Page, ordered by recency.

Japan Post’s IPO Raises $12B in Country’s Biggest Privatization Since 1987

Nov 4 2015 // Japan Post Holdings and its two financial units burst out of the gate with gains of 16 to 33 percent on debut on Wednesday, after the government raised $12 billion from the triple IPO in Japan’s biggest privatization...

Insurance Industry, IICF Raise $70K-Plus for Central Texas Flood Victims

Oct 16 2015 // Central Texas may currently be under drought conditions and suffering from elevated wildfire risk but merely months ago the situation was just the opposite. In May, the Austin and Central Texas areas were deluged with...

Japan Post’s IPO Fully Subscribed After Two Days; at Least $10B to Be Raised

Oct 14 2015 // Japan’s government received orders for all the shares it’s offering in Japan Post Holdings Co. and its banking and insurance units after the first two days of bookbuilding, people with knowledge of the matter...

Japan Post’s IPO Listings – Which Include Insurer Unit – Could Raise Nearly $12B

Oct 7 2015 // State-owned Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a ‘must-have’, $12 billion privatization, Japan’s biggest in three...

ACE Offers Cover for Private Equity/Venture Capital Firms in Hong Kong, Singapore

Oct 2 2015 // ACE Group has launched Private Equity and Venture Capital Liability Insurance in Hong Kong and Singapore. The product aims to address the evolving regulatory and volatile economic environments as well as increasingly...

XL Innovate, XL Group’s Venture Capital Company, Acquires New Energy Risk

Oct 2 2015 // Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of the shares of New Energy Risk Inc.“New Energy Risk has developed and delivered to the...

China’s Fosun to Raise $1.5 Billion to Fund Insurance & Banking Acquisitions

Sep 11 2015 // Fosun International Ltd., Chinese billionaire Guo Guangchang’s conglomerate that has bought insurers and real estate around the world, proposed raising HK$11.7 billion ($1.5 billion) in a rights offer to fund its...

Nationwide Insurance to Raise Its Minimum Hourly Wage to $15

Sep 9 2015 // Columbus, Ohio-based Nationwide Mutual Insurance said it will raise its minimum pay rate to $15 per hour over the next nine months. The change affects approximately 900 current employees across 25 locations for jobs in...

Brazil Insurer Caixa Seguridade, Reinsurer IRB Plan IPOs to Raise $3.6 Billion

Aug 26 2015 // Brazilian insurer Caixa Seguridade Participações SA and reinsurer IRB Brasil RE SA on Tuesday filed plans for initial public offerings that their shareholders expect to raise a combined 13 billion reais ($3.6 billion)...

Update: Delta Lloyd’s $588 Million First Half Loss Raises Capital Concerns

Aug 11 2015 // Delta Lloyd NV fell the most on record after interest-rate hedging and declines in bonds spurred a first-half loss, raising concern the Dutch insurer may need to raise capital.The shares fell 20 percent to 13.17 euros at...

Alibaba-Backed Insurer Raises $934M From Investors Including Morgan Stanley

Jun 19 2015 // Zhong An Online Property & Casualty Insurance Co., a Chinese online insurer part owned by Alibaba Group Holding Ltd., said it raised 5.8 billion yuan ($934 million) from investors including Morgan Stanley.The...

China’s Fosun Plans to Raise $1 Billion to Fund Insurance Industry Acquisitions

May 11 2015 // Fosun International Ltd., the Chinese conglomerate that’s been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry.The company will sell the shares...

China Taiping Insurance Plans to Raise $1.7 Billion in Private Share Sale

May 7 2015 // China Taiping Insurance Holdings Co. plans to raise HK$13.5 billion ($1.7 billion) in a private share sale after its stock price more than doubled in the past year.The insurer will sell 486 million shares at HK$27.74 a...

Ironshore to Raise Capacity Limits to $50M for Builder’s Risk Property Products

May 5 2015 // Bermuda-based Ironshore Inc. announced its global property division will raise capacity limits for builder’s risk products to $50 million, an increase from the current $35 million limit, effective...

Ironshore Global Property Raises Energy Sector Capacity Limits to $35 Million

Apr 14 2015 // Bermuda-based Ironshore Inc. announced that its Global Property Energy division will increase its capacity limits from $25 million to up to $35 million, effective April 2015.Ironshore said the increase would “be...

XL Group Creates Venture Capital Fund, XL Innovate; Hutton Named as Head

Apr 2 2015 // XL Group plc announced the creation of XL Innovate, an XL-sponsored venture capital initiative. The new fund will be led by Tom Hutton, a past director of XL who has a history of creating successful insurance and financial...

BlackRock, ACE Raise $800 Million to Form Bermuda Reinsurer

Apr 2 2015 // BlackRock Inc., the world’s largest money manager, and Evan Greenberg’s ACE Ltd. raised $800 million for a reinsurance venture, at the low end of the announced range.ABR Reinsurance Capital Holdings Ltd. raised...

Oaktree-Backed Insurer Seeks to Raise $2 Billion, Plans IPO Within Five Years

Mar 30 2015 // Oaktree Capital Group LLC is among investors backing a Bermuda insurance venture that’s seeking to raise $2 billion with plans for an initial public offering within five years.Fidelis Insurance Holdings Ltd. is led...

Palomar Specialty in California Raises $17.5M in Surplus Capital

Feb 23 2015 // Palomar Specialty Insurance Co. announced that it has successfully completed a $17.5 million surplus note issuance in a private placement to RenaissanceRe Ventures Ltd. and funds under management by a premier asset...

Palomar Specialty in California Raises $17.5M in Surplus Capital

Feb 5 2015 // Palomar Specialty Insurance Co. announced that it has successfully completed a $17.5 million surplus note issuance in a private placement to RenaissanceRe Ventures Ltd. and funds under management by a premier asset...