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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.
South Korea Sees Travel Insurance Boom Amid Overseas Travel Surge
SEOUL — South Korea's travel insurance market is experiencing unprecedented growth, driven by a sharp rise in international travel. According...
Read moreFailed Allianz Takeover Bid Becomes Political Issue in Singapore’s Election Campaign
As Singapore prepares for its general election on May 3, a failed takeover bid by global insurance giant Allianz has...
Read moreTwo in Five Australians with Single Policies Rarely Use Extra Benefits, Survey Finds
A recent survey by Money.com.au reveals that two in five Australians with single insurance policies are paying for extra benefits...
Read moreFinancial Services and Insurance Lose $2.2 Million Per Hour Due to Outages, Study Finds
A new study from intelligence platform New Relic reveals that financial services and insurance companies lose a staggering $2.2 million...
Read moreManulife Investments Launches USD-Denominated Stable Fund in Hong Kong
HONG KONG — Manulife Investments has introduced the Manulife Hong Kong Series – Manulife Stable Fund, a new cash-parking solution...
Read moreGSIS Exceeds Non-Life Insurance Premium Target for Third Consecutive Year
MANILA, Philippines — The Government Service Insurance System (GSIS) has once again exceeded its non-life insurance premium target, marking the...
Read more21st Singapore International Reinsurance Conference to Take Place from 3-6 November 2025
The Singapore Reinsurers' Association (SRA) has officially announced that the 21st Singapore International Reinsurance Conference (SIRC) will be held from...
Read moreAsia Pacific Set to Lead Global Motor Insurance Market Growth
The global motor insurance market is expected to grow significantly, reaching an estimated value of $1.61 trillion by 2032, with...
Read more“No One Wants Travel Insurance, But Everyone Needs It,” Says Founder of Go Walkabout
Harold Lawrence, the founder of travel insurer Go Walkabout, captures the sentiment many travellers feel about insurance: “Nobody wants it,...
Read moreIllinois Community-Based Foster Agencies Facing Insurance Crisis Amid Rising Costs and Coverage Reductions
SPRINGFIELD — Community-based foster agencies in Illinois are grappling with a growing insurance crisis, as insurance companies scale back coverage,...
Read moreRecent Posts
Ignyte Insurance Debuts as Global Specialty Platform with $650M Premium Portfolio
Global – Ignyte Insurance has officially launched as a specialty insurance platform focused on acquiring, scaling, and accelerating high-performing insurance...
Willis Appoints Steve Hutchinson to Lead P&C Operations in Hong Kong and Macau
Hong Kong – Willis, a WTW company, has named Steve Hutchinson as Head of Property and Casualty (P&C) for Hong...
India’s Non-Life Insurance Sector Posts Flat Growth in FY2025 Amid Market Pressures
Mumbai – India’s non-life insurance industry surpassed the ₹3 lakh crore premium mark in the fiscal year ending March 2025,...
Cyclone Alfred Insurance Losses in Australia Near AU $2.6 Billion, PERILS Reports
SYDNEY — Tropical Cyclone Alfred, which struck Southeast Queensland and northeastern New South Wales between February 28 and March 12,...
South Korea Sees Travel Insurance Boom Amid Overseas Travel Surge
SEOUL — South Korea's travel insurance market is experiencing unprecedented growth, driven by a sharp rise in international travel. According...
Failed Allianz Takeover Bid Becomes Political Issue in Singapore’s Election Campaign
As Singapore prepares for its general election on May 3, a failed takeover bid by global insurance giant Allianz has...
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