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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.
WNS and Mosaic Insurance Forge Strategic Partnership
WNS, a global leader in business process management and outsourcing, has announced a significant multi-year partnership with Mosaic Insurance, aimed...
Read moreAnsvar Insurance Resilience In The Face Of Challenges With EIO Support
Ansvar Insurance has demonstrated strong capital management and financial resilience despite facing challenges from physical and sexual abuse (PSA) claims,...
Read moreCathay Life Bolsters Capital Position Amid Market Challenges
Cathay Life demonstrated robust risk-based capitalisation with a solid ratio of 323% as of the close of 2023, surpassing regulatory...
Read moreAppian and PwC UK Partner to Transform Insurance Operations
Appian, a leading provider of low-code automation software, has forged a strategic partnership with PwC UK aimed at revolutionizing services...
Read moreArtex Appoints Irish Aleria as Vice President of Insurance Management
Artex Risk Solutions has welcomed Irish Aleria as its new Vice President of Insurance Management. Based in Hamilton, Bermuda, Aleria...
Read moreDutch Government Supports Climate Resilience In Africa With $27m Contribution
The African Risk Capacity Ltd. (ARC) has received a substantial boost in its efforts to enhance climate resilience across Africa,...
Read moreJapanese Insurers Embrace ESG Integration Amid Global Pressure
Fitch Ratings has commended Japanese insurers for adopting a robust approach towards Environmental, Social, and Governance (ESG) factors, describing it...
Read moreLouisiana Insurance Commissioner Calls Special Meeting
Louisiana Insurance Commissioner Tim Temple is advocating for a special legislative session to deregulate insurance companies, citing the urgent need...
Read moreUs Excess And Surplus Lines Market Growing Amid Market Shifts
The U.S. excess and surplus lines (E&S) insurance market witnessed a notable 14.5% increase in direct premiums written in 2023,...
Read moreZurich Insurance Acquires Majority Stake in Kotak Mahindra General Insurance
Cyril Amarchand Mangaldas provided legal counsel to Zurich Insurance Company Ltd in its recent acquisition of a 70% stake in...
Read moreRecent Posts
Homeowners Affected By the Los Angeles Wildfire Have Sued Insurance Companies for Insufficient Claims
Recently, some homeowners who lost their houses in the Los Angeles wildfires have filed lawsuits against USAA and two AAA-affiliated...
Thailand Considers Health Insurance for Neighbors to Cut Unpaid Medical Costs
Bangkok — The influx of patients from neighboring countries has placed significant strain on Thailand’s healthcare system, prompting government efforts...
Over Half of Australians Will Switch Health Insurers for Perks
Sydney — More than half of Australians are willing to switch health insurance providers if offered attractive sign-up incentives, highlighting...
South Korea’s MyBrown Launches New Pet Insurance with Trusted Backing
A new player is entering South Korea’s rapidly expanding pet insurance market, as MyBrown, a dedicated pet insurance company, prepares...
Insurtech Company Slide Plans to Raise $340 Million through An IPO, with A Valuation Potentially Reaching $2.12 Billion
Insurtech company Slide plans to raise up to $340 million through its initial public offering (IPO), with a valuation target...
Howden Acquired the Peruvian Reinsurance Brokerage Firm Innova Re to Strengthen Its Market Layout in Latin America
The London-based insurance intermediary group Howden announced the acquisition of Innova Re, Peru's leading independent reinsurance brokerage firm. The transaction...
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