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Tencent takes 32% stake in Samsung P&C China

August 25, 2022
Source: insuranceasianews.com insuranceasianews.com
News Snapshot:
Tencent takes 32% stake in Samsung P&C China PSC agrees US$5.4m Hong Kong broker deal; posts 30% EBITDA growth August 24 Underlying revenue in FY 2022 grew 22.8% to US$175.4m including 13% of organic growth. Steadfast swoops for Insurance Brands Australia, posts strong results August 17 The broking group is paying US$210m for IBA which owns specialty underwriting agency ProRisk. Mitsui Sumitomo seals US$400m Transverse deal August 10 The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market. Chubb bullish on Asia prospects after US$5.75bn M&A deal completes August 5 CEO Evan Greenberg eyes cross-selling opportunities...
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Tags: ASIA | Australia | carrier | CEO | China | EBITDA | Hong Kong | insurance | Japan | Japanese | KONG | Pacific | Pandemic | revenue | Samsung | Sumitomo | Tencent

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