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Lemonade to acquire Metromile for diluted value of $500mn.
Publication Type:Academic Journal
Source(s):Inside P&C. 12/13/2021, p1-4. 4p.
Abstract:Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500mn. [ABSTRACT FROM AUTHOR]
- Subjects:
- STOCKS (Finance)
- LEMONADE
- EQUITY
ASIA.
Publication Type:Periodical
Source(s):Euromoney. Jul/Aug2022, Vol. 53 Issue 633, p132-151. 20p. 13 Color Photographs.
Abstract:This, in turn, links with the bank's instrumental role in Bangladesh trade; a Murabaha financing facility with the Islamic Development Bank's trade finance subsidiary was important in this respect, allowing the bank to provide better financial support ...
LATIN AMERICA.
Publication Type:Periodical
Source(s):Euromoney. Jul/Aug2022, Vol. 53 Issue 633, p152-163. 11p. 8 Color Photographs.
Abstract:The bank is also tilting towards higher margin business - small and medium enterprises have been the fastest growing part of its corporate business, while in retail, the bank grew consumer loans (unsecured) and credit cards by 7.6%. PERU BEST BANK BANC...
InsurTech GetCovered raises $7mn in Series A funding round.
Publication Type:Academic Journal
Source(s):Inside P&C. 12/13/2021, p1-3. 3p.
Abstract:The funding round was led by RET Ventures, and joined by investors Updater, Pelican Ventures and Crocker Mountain.
- Subjects:
- FINANCE
- INSURANCE companies
Banks miss out on embedded finance.
Publication Type:Periodical
Source(s):Euromoney. Mar2022, Vol. 53 Issue 630, p28-31. 4p. 3 Color Photographs.
- Authors:
- Lee, Peter
Pakistan, Turkey sign string of MoUs.
Publication Type:Periodical
Source(s):IJGlobal. 6/20/222, p1-2. 2p.
- Authors:
- Thomson, Sophia
Abstract:The governments of Pakistan and Turkey have signed several MoUs to enhance cooperation across the transport and housing sectors, including potential PPPs and developing trade relations. Pakistani Prime Minister Shehbaz Sharif and Turkish President Rece...
- Subjects:
- PUBLIC administration
- HIGHWAY engineering
Weston pulls Marlin Re and buys major county-weighted ILW.
Publication Type:Academic Journal
Source(s):Trading Risk. 7/25/2022, p19-19. 1p.
Canopius Re seeking $75mn for Finca Re cat bond.
Publication Type:Academic Journal
Source(s):Trading Risk. 7/11/2022, p29-29. 1p.
Beazley's head reinsurance buyer Mills to move to Allianz.
Publication Type:Academic Journal
Source(s):Trading Risk. 6/27/2022, p1-1. 1p.
Abstract:The executive has worked for Beazley for almost 16 years. [ABSTRACT FROM AUTHOR]
- Subjects:
- REINSURANCE
- STOCKS (Finance)
FRC warns auditors to exercise more scepticism on insurer statements.
Publication Type:Academic Journal
Source(s):Trading Risk. 6/27/2022, p1-1. 1p.
Abstract:The Financial Reporting Council has found evidence where audits of insurers' financial statements have not been rigorous enough. [ABSTRACT FROM AUTHOR]