Insurance demand has a strong positive relationship with economic growth. The economic slowdown in emerging markets in recent years has not translated into a corresponding drop off in premium growth,…
Emerging markets will remain the growth engine for the global economy and insurance industry over the next decade, the latest sigma report from Swiss Re Institute shows. The study explores how the…
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, and SV SparkassenVersicherung (SV), one of the largest public insurance companies in Germany, today announced…
In Australia the number of people who believe private health insurance is essential has declined since five years ago, while more people agree that it is difficult to understand what…
A disgruntled insurance agent who took on the identity of “Lord Voldemort”, Harry Potter’s nemesis, and threatened to harm clients unless they paid him bitcoins has been jailed in Singapore.…
Munich Re released a report of major losses incurred in 2018. Here is an overview of the losses incurred in 2018:- Overall losses of US$ 160bn were above the inflation-adjusted…
The Malaysian government has announced a free national health insurance scheme for the low income, at an initial cost of RM2 billion (US$481 million). Finance Minister Lim Guan Eng said…
A British court has convicted three men for a supermarket blast in Leicester, England this year that killed five people in an attempted insurance scam. The court found Aram Kurd,…
John Hancock, a unit of Manulife Financial Corp., recently launched an optional program to reward customers for healthy habits. Customers can earn points for tracking their daily jogs or for…
Accounting Standards Board has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money. A spokeswoman for the International Accounting Standards…