Lexasure to go public via a merger with Capitalworks Emerging Markets Acquisition in a $250m deal.

Lexasure Financial Group, a provider of reinsurance and digital insurance solutions, agreed to go public via a merger with Capitalworks Emerging Markets Acquisition, a special purpose acquisition company, in a $250m deal. “We are thrilled to partner with a company with a proven track record of growth and profitability that is also advancing financial inclusion goals by bringing insurance products to historically underserved populations across Southeast Asia and South Asia,” Whitney Baker, CEMAC Chairman.