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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.
$500 Billion Digital Transformation in Insurance Driven by Gen Z
As 2024 progresses, the insurance industry is undergoing a major digital transformation, reminiscent of the retail upheaval in the late...
Read moreHong Kong Government Considers New System to Attract Company Relocations
The Hong Kong Government is considering the implementation of a new system aimed at facilitating company relocations. Selina Lau, Chief...
Read moreEmerging Trends in Malaysia’s Insurance Market
Malaysian Re's latest report identifies three key trends reshaping the insurance landscape in Malaysia and Southeast Asia, where the overall...
Read morePrudential Prepares for Tough Market Conditions in H1 2024
Prudential is bracing for considerable market challenges in the first half of 2024, with projections indicating a margin of 32.1%....
Read moreChild Therapist and Cleaning Business Owners Convicted of Workers’ Compensation Fraud
In separate cases from Santa Clara County, a child therapist and a father-son duo running a commercial cleaning business have...
Read moreIndia’s Life Insurance Sector Achieves 20.2% YoY Growth in June 2024
India's life insurance sector experienced a robust 20.2% year-on-year growth in Annual Premium Equivalent (APE) for June 2024, according to...
Read moreInsurers Excel in 2024 Million Dollar Round Table Rankings
In the recently released 2024 Million Dollar Round Table (MDRT) rankings, AIA Group Limited (AIA) and FWD Group Holdings Limited...
Read moreSingapore’s Health Insurance Review Aims to Balance Coverage and Costs
The Ministry of Health (MOH) in Singapore is undertaking a comprehensive review of its health insurance frameworks in response to...
Read morePing An Insurance Issues $3.5 Billion in Convertible Bonds Amid Market Trends
Ping An Insurance (Group) Co. has successfully priced a substantial offering of $3.5 billion in convertible bonds, marking its entry...
Read moreStable Outlook for Bangkok Insurance Through 2026
Bangkok Insurance is projected to uphold a stable outlook through 2026, according to S&P Global Ratings. The insurer is anticipated...
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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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