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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.
Texas Farm Bureau Insurance Recognizes Local High School Football Teams
The Texas Farm Bureau Insurance offices serving Liberty and Chambers counties have honored three local high school varsity football teams...
Read moreIEI Unveils Insurance Solutions at Africa International Housing Show
International Energy Insurance Plc (IEI), a subsidiary of Norrenberger, highlighted its cutting-edge insurance offerings at the Africa International Housing Show...
Read moreMalayan Insurance Shifts Strategy to Mitigate Investment Risks
Malayan Insurance, headquartered in the Philippines, is enhancing its portfolio to reduce investment risks, according to AM Best. The company’s...
Read moreJapanese Insurers Tighten Underwriting Amidst Market Pressures in Q2
In the second quarter of 2024, the Japanese insurance sector faced moderate market conditions, marked by persistent challenges in underwriting...
Read moreHong Kong Insurance Market Stays Competitive in Q2 2024
The insurance sector in Hong Kong experienced a 'soft' market in the second quarter of 2024, according to AON's Global...
Read moreGlobal Insurance Market to Reach $44.8 Billion by 2032
The global insurance industry, valued at $12.7 billion in 2023, is anticipated to expand significantly, achieving a market size of...
Read moreSingapore Life Insurance Premiums Jump 30.4% in H1 2024
Singapore's life insurance sector saw a 30.4% year-on-year increase in total weighted new business premiums for the first half of...
Read moreZurich Malaysia Launches Groundbreaking Motorcycle Warranty and Insurance Plans
Zurich General Insurance Malaysia Berhad (ZGIMB) has unveiled two innovative motorcycle insurance plans, introducing the first market-complementary extended warranty and...
Read moreSun Life Asia’s Q2 2024 Net Income Up 24%
Sun Life Financial reported a 24% year-on-year increase in net income for its Asia segment in Q2 2024, reaching $151...
Read moreSECP Revokes EFU Health Insurance Registration Following Amalgamation
The Securities and Exchange Commission of Pakistan (SECP) has officially revoked the registration of EFU Health Insurance Limited. This decision...
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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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