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Private Equity

SoftBank Plans Big Push Into Insurance Investments

by insurancejournal.com posted 8months ago 117 views
SoftBank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services. In the past year, SoftBank has backed China’s largest online insurer and India’s biggest online insurance distributor. These insurance bets totaling nearly $3 billion are just the start.