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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.
Australia’s mortgage insurance sector developed, transparent: Fitch Ratings
Fitch Ratings has concluded that Australia’s mortgage insurance sector operates under a developed and transparent regulatory framework, characterized by effective...
Read more$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 moreRecent Posts
UK Watchdog to Ease Insurance Rules for Large Companies in Bid to Support Economic Growth
The UK’s financial markets watchdog, the Financial Conduct Authority (FCA), is planning to relax regulations on how insurers sell policies...
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...
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