Turkey and Syria hit by second earthquake

Registered at a magnitude of around 7.7 on the Richter scale, centred approximately 67km northeast of Kahramanmaraş, Turkey

Insurance could be facing a consumer ‘tech-lash’

The increasing use of technology and data by insurers could impact consumer trust

Earthquake pummels Turkey, Syria

A strong earthquake measuring 7.8 on the Richter scale has hit Turkey, with an epicentre approximately 32km from the provincial capital of Gaziantep

‘Insurance for All’ in India by 2047

The Insurance Regulatory and Development Authority of India (IRDAI) is introducing new reforms to achieve target

Thailand forecasts flat insurance growth

Flattening growth prediction from the Office of Insurance Commission (OIC) for the Thai insurance sector next year

Environmental, social, and corporate governance to increasingly influence insurers’ strategies

Climate-related risks have been highlighted this year because of costly windstorms and wildfires

Most claimants face slow payments

Despite fast claims processes being a top priority for customers, many insurers are still using ‘antiquated payment methods’ such as cheques

EE looking to provide insurance to customers

The company is understood to be investigating the potential of offering a range of insurance coverage, including travel and motor insurance

Falcon Insurance has licence suspended

The Seychelles Financial Services Authority (FSA) has suspended the licence of Falcon Insurance, pending the results of an audit relating to irregularities in its operations

New insurance brand Bubblegum launched by MoneySmart Group

The digital insurance firm offers multiple car and travel insurance products in Singapore

Australian insurtech Flip extending single-day injury cover as demand grows

The subsidiary of HCF Life has ongoing partnerships with Thredbo Resort and Mt Buller

Amazon enter UK insurance comparison market

The Amazon Insurance Store is available to selected customers today, nationwide by the end of 2022

Most insurance workers plan to stay in sector

A survey of young professionals found that 92 per cent of those employed in insurance want to stay in their current job for the next year

Data loss concerns for healthcare and finance industries

The healthcare industry is a key offender in the loss of personal data, suffering 47 data breaches since 2004, according to a study by cybersecurity experts VPN Overview

Consumers want insurance claims paid faster during the cost of living crisis

Latest findings from the Chartered Insurance Institute reflect a desire for faster payouts from insurers, as well as more control in the claims process

Allianz acquires majority share in Jubilee General Insurance

Allianz has announced that it has acquired a 66 per cent majority stake in the property and casualty insurance operations of Nairobi-based insurer Jubilee Holdings