In the life segment, GWPs stood at €61.9bn ($70.78bn), an increase of 1.4%.
Japan’s Dai-ichi Life Holdings and Nippon Life Insurance are also potential bidders for HSBC Life Singapore.
The funding round was led by Index Ventures through its growth fund, with additional participation from Belfius, Greenoaks, Kaaf Investments and SH Capital.
GlobalData finds 36.9% of UK respondents are being deterred from switching to an EV by concerns over maintenance/repair costs.
