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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.
India’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 moreSteadfast Reports Robust FY24 Performance with Notable Growth
Steadfast Group has unveiled its fiscal year 2024 (FY24) results, showcasing a robust performance marked by substantial growth. The company...
Read moreIAT Insurance Group Adopts CLARA’s Claims DocIntel Pro for Enhanced Claims Efficiency
IAT Insurance Group has announced its decision to incorporate CLARA Analytics’ Claims DocIntel Pro into its auto and general liability...
Read morePrudential Reports 80.8% Drop in H1 2024 Profit
Prudential's profit for the first half of 2024 plummeted by 80.8% year-on-year (YoY), falling to $182 million. This sharp decline...
Read moreSUN Insurance Unveils Comprehensive Enhanced Travel Insurance Policy
SUN Insurance Company Limited, a leading Fijian general insurance provider listed on the South Pacific Stock Exchange (SPX), has announced...
Read moreAgeas Reports Strong H1 Earnings, Announces Dividend and Share Buyback
In a strong financial performance for the first half of 2024, Ageas, the international insurance group, has declared an interim...
Read moreFWD’s H1 2024 Profit Slashed by 50%
FWD Insurance reported a dramatic 50% decrease in net profit for the first half of 2024, falling to $3 million...
Read moreRecent Posts
As Insurance Costs Rise, New Zealand Faces Tough Choices for Disaster Recovery
The increasing frequency of climate change-induced extreme weather events is making it harder for many homeowners in New Zealand to...
Kenya’s Local Marine Cargo Insurance Directive: A Game Changer or Trade Barrier?
Kenya is introducing a significant shift in its marine cargo insurance landscape: all imports into the country must now be...
China Eases Capital Rules to Boost Insurers’ Equity Investment
Fitch sees potential for increased market exposure, but warns of heightened earnings volatility Chinese insurers are poised to ramp up...
Insurance Firms Face Headwinds Amid Tighter Bond Redemption Rules
Financial Supervisory Service Blocks Lotte Insurance’s Early Bond Redemption, Stirring Market Unease South Korea’s insurance sector is facing mounting pressure...
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...
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