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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.
Great Eastern Launches Legacy Programme for Pre-Planning Support
Great Eastern has introduced its new Great Legacy programme, designed to aid Singaporeans in managing their Lasting Power of Attorney...
Read moreSun Life Appoints Niall Grady as New Chief Risk Officer for Asia
Sun Life has announced the appointment of Niall Grady as its Chief Risk Officer (CRO) for Asia, effective September 16....
Read moreRising Insurance Costs Drive Americans to Search for Better Deals
Americans are increasingly hunting for more affordable insurance options as premiums continue to surge, according to new data from LexisNexis...
Read moreFoundation Life (NZ) Faces Expense Challenges Amid Restructuring
Foundation Life (New Zealand) (FLNZ) may encounter financial strains from upcoming project expenditures, potentially impacting its profitability. Despite this, AM...
Read moreNAICOM Emphasizes Insurance’s Essential Role in Aviation Sector
The National Insurance Commission (NAICOM) has underscored the crucial role of insurance in supporting the aviation industry’s growth and stability....
Read moreBIBA Appoints New Member to MGA Advisory Board
In a recent update, BIBA (British Insurance Brokers' Association) has announced a significant change to its Managing General Agents' (MGA)...
Read moreClimate Change Forces Insurance Sector to Adapt or Collapse
Ian Duff, head of Greenpeace International’s Stop Drilling Start Paying campaign, has highlighted a growing crisis within the insurance industry...
Read moreCigna Names Andrea Nelson as New Chief Legal Officer
Cigna Group has appointed Andrea Nelson as its new chief legal officer, advancing her from her previous role leading the...
Read moreStable Outlook for China Pacific Insurance Projected
China Pacific Property Insurance (CPPIC) is anticipated to maintain underwriting profits with a combined ratio ranging from 96% to 99%...
Read moreFWD Life Vietnam Reports 70% Surge in H1 2024 Profit Amid Revenue Decline
FWD Vietnam Life Insurance has announced a remarkable 70% increase in its net profit for the first half of 2024,...
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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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