Insurance
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Hong Kong Eyes Commercial Space Insurance as New Economic Frontier
Hong Kong is exploring a significant role in the burgeoning commercial space insurance market, viewing it as a potential engine for future economic growth. This strategic pivot leverages the city's existing financial expertise and its unique position within China to develop specialized insurance products for the rapidly expanding space sector.
AIG and Onex Acquire Specialty Insurer Convex for $7B – Why It Matters
AIG and Onex are taking control of Convex in a $7B deal that pairs specialty underwriting growth with fee‑income leverage. We unpack the valuation, structure, and strategic logic.