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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Rakez Launches New Workers Protection Insurance
Rakez has introduced a new Workers Protection Insurance Programme aimed at enhancing the financial security of employees at Rakez-registered companies....
Read more4th CHINET Aviacargo Conference Set for Lagos
The 4th CHINET Aviacargo Conference, hosted by ATQNEWS, will be held on August 22 in Lagos. This key event will...
Read moreHomeowner’s Sewer Line Repair Claim Denied After Insurance Dispute
Carol Edison’s ordeal began with a seemingly minor plumbing issue. A clogged toilet, easily fixed by a quick visit from...
Read moreQIC Reports $99 Million Profit for H1 2024
Doha, August 15, 2024 — Qatar Insurance Company (QIC Group) has announced a net profit of QR360 million for the...
Read moreFree Insurance Coverage for Govindas During Dahi Handi Festival
As the Dahi Handi festival approaches, Govindas are encouraged to secure free insurance coverage. The insurance will be effective from...
Read moreMax Financial Shares Drop 5% as Insurance Margins Contract, Brokerages Cautious
Shares of Max Financial Services, the parent company of Max Life Insurance, fell by more than 5% on August 16,...
Read moreMax Life Reports 46% Profit Surge in Q1 FY25
Max Life Insurance has announced a significant increase in its financial performance for the first quarter of fiscal year 2025...
Read moreQBE Appoints New Marine Underwriting Director
QBE has named Simon Lascelles as its new Director of Underwriting for Marine. This appointment aligns with expectations of a...
Read moreFidelis Insurance Reports Drop in Net Income Despite Premium Growth
Fidelis Insurance reported a decline in net income for Q2 2024, even as gross premiums written surged 24.7% to $1.2...
Read morePrime Insurance Names Peggy E. Day EVP of Operations
Prime Insurance Company has appointed Peggy E. Day as Executive Senior Vice President of Operations and Strategic Advisor to the...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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