InLife raises stake in Mapfre unit as Spanish partner exits Asia

Insular Life (InLife) is raising its stake in Mapfre Insular Insurance Corp. (MIIC) from 25 percent to 40 percent as MIIC transforms into a digital platform for the Southeast Asian market with the entry of a new majority owner. MIIC is the subject of a $350-million acquisition drive by New York-based private equity firm Warburg … Continue reading  InLife raises stake in Mapfre unit as Spanish partner exits Asia