Allianz Real Estate enters purchase agreement on behalf of the two investors, with transaction value translating to a passing yield of 3.6%. Deal expected to close by end of February.
Business-to-consumer ecosystems could turbo-charge the growth of insurance in Asia. Trouble is, partnerships often fizzle out due to insurers’ old-fashioned wiring and inflexible cultures. Time for a reboot.
Hong Kong's de facto central bank commits to an IFC programme, underscoring its interest in infrastructure investing. The funding will 'overlap' with China's huge Belt and Road programme.
In a timely groundbreaking deal, the World Bank arm has created a CLO-like structure with a safety net to help crowd in trillions of dollars of investment in infrastructure.
François-Valéry Lecomte, AXA Asia chief financial officer, tells FinanceAsia how the French insurer plans to knock Germany’s Allianz out of top three slot among foreign life insurers in the region by 2015.
The pre-IPO investors sell shares through a privately negotiated deal that is completed hours after their lockup expires. Goldman Sachs retains all its shares for now.