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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.
GK General Insurance Extends Deadline for Hurricane Beryl Claims
GK General Insurance (GKGI) has announced an extension to the deadline for submitting Hurricane Beryl claims, now set for Tuesday,...
Read moreNew York Car Insurance Rates Set for Modest Increase, National Rates Surge
New York, NY — New projections indicate that car insurance rates in New York are set to rise by 4...
Read moreUPMC Faces $313M Operating Loss Amid Rising Costs and Restructuring
UPMC, a prominent 42-hospital network, reported a significant $313 million operating loss for the first half of the year, marking...
Read moreAPRA Unveils Four-Year Strategy to Strengthen Financial Sector Stability
The Australian Prudential Regulation Authority (APRA) has announced its Corporate Plan for 2024-25, outlining a comprehensive strategy aimed at fortifying...
Read moreIFRS 17 Adds Complexity to Already Challenging Reinsurance Market
The insurance industry faces a transformative period with the adoption of International Financial Reporting Standards (IFRS) 17, which replaces the...
Read moreTrump Proposes Government-Funded IVF Treatments Amid Abortion Debate
In a significant announcement at a campaign rally in Potterville, Michigan, former President Donald Trump declared that under a future...
Read moreIndia’s General Insurance Sector Poised for Robust Growth in 2024
India's general insurance sector is set to experience significant expansion, with a projected growth rate of 11.2% for 2024. This...
Read moreAmericans Outspend Asians on Insurance by 30-Fold, Gap Set to Widen
As the global insurance landscape evolves, a striking disparity in per capita spending between Americans and Asians has come to...
Read moreBanana Farmers Demand Urgent Resolution of Insurance Claims in Kathmandu
Chitwan, August 29, 2024 – Banana farmers from Chitwan are in Kathmandu this week, expressing their frustration over the prolonged...
Read moreReinsurers’ Capital Projected to Hit $625 Billion by Year-End
Reinsurers' capital is on track to reach $625 billion by the end of 2024, driven by increased retained earnings and...
Read moreRecent Posts
Bowtie Launches First Term-Based Critical Illness Plan for Children and Pregnant Women
Bowtie, a virtual insurer based in Hong Kong, has unveiled its "Children’s Growth Term Critical Illness Insurance" plan, addressing a...
Aspen Insurance Raises $397.5 Million in US IPO
New York, May 7 (Reuters) – Aspen Insurance, a Bermuda-based specialty insurer, successfully priced its initial public offering (IPO) in...
S&P Flags Distribution Risk for Helia Following Loss of CBA Agreement
S&P Global Ratings has raised concerns over Helia Insurance’s future competitiveness following the loss of a major distribution agreement with...
Blue Cross Outpaces Market with 22.1% Premium Growth in 2024
Blue Cross (Asia-Pacific) Insurance Limited, a key player under the AIA Group, reported a notable 22.1% increase in gross written...
Insurance Rates Decline Across Major Lines in Pacific Region, According to New Report
Insurance rates in the Pacific region saw a decline of 8% during the first quarter of 2025, as reported in...
Fine Art Insurance Market Poised to Reach $838.4 Billion by 2034, Driven by Growing Demand in APAC
The global fine art insurance market is expected to experience substantial growth in the coming decade, with projections indicating an...
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