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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.
Bupa Launches No-Lifetime-Cap Medical Insurance Plans
Bupa Hong Kong has introduced two new medical insurance plans—Bupa Hero VHIS Plan (Core) and Bupa Hero VHIS Plan (Core...
Read moreDUAL Expands Offerings with New Warranty & Indemnity Insurance
DUAL Australia has announced the launch of its latest specialty product: warranty and indemnity (W&I) insurance. This new addition aims...
Read moreGlobal NatCat Insured Losses Hit $60 Billion in H1 2024
Insured losses from natural catastrophes reached $60 billion globally in the first half of 2024, largely due to frequent small...
Read moreZurich Insurance Reports Strong Half-Year Results, Exceeds Profit Forecasts
Zurich Insurance Group has announced a robust performance for the first half of the year, surpassing market expectations with substantial...
Read moreManulife’s Asia Profits Soar, Hong Kong Core Earnings Surge
Manulife Financial’s net income for Q2 2024 fell slightly by 1% to $1.0 billion, impacted by a $300 million loss...
Read moreJudge Rejects £50,000 Credit Hire Claim Due to Engineer’s Report Flaws
A £50,000 credit hire claim has been dismissed by the court following an October 2015 incident where a motorcycle was...
Read morePing An Ranks 53rd on Fortune 500 List for 2024
Ping An Insurance has secured the 53rd position on the prestigious Fortune 500 list for 2024, marking its 15th consecutive...
Read moreBill Hazelton Named EVP of Everest North America Insurance
Everest Group, Ltd., based in Bermuda, has appointed Bill Hazelton as Executive Vice President of Everest Insurance® and President of...
Read moreGreat Eastern Life’s Q2 Results: Mixed Signals for Rivals
Great Eastern Life's Q2 2024 results show a mixed performance across Singapore and Malaysia, according to Jefferies Equity Research. In...
Read moreUninsured Rate Rises in Early 2024, Ending Record-Low Streak
In early 2024, the rate of Americans without health insurance increased, reversing a trend of record-low uninsured figures. The CDC...
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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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