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General Insurance

News from the wider P&C insurance industry, including company reports and industry analysis, global risk mapping, and industry innovation.
quake 2

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

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6 Feb 2023

Oliver Cuenca

insurance technology

Insurance could be facing a consumer ‘tech-lash’

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

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6 Feb 2023

Megan Gaen

seismograph earthquake

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

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6 Feb 2023

Oliver Cuenca

Hyderabad Insurance for all IRDAI

‘Insurance for All’ in India by 2047

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

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28 Nov 2022

Megan Gaen

Thailand

Thailand forecasts flat insurance growth

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

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15 Nov 2022

Oliver Cuenca

ESG

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

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

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3 Nov 2022

Megan Gaen

Snail race

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

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2 Nov 2022

Oliver Cuenca

mobile phone base station

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

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31 Oct 2022

Oliver Cuenca

Seychelles

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

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28 Oct 2022

Oliver Cuenca

singapore

New insurance brand Bubblegum launched by MoneySmart Group

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

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25 Oct 2022

Megan Gaen

Australia Mountain Biker

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

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20 Oct 2022

Megan Gaen

Man online shopping

Amazon enter UK insurance comparison market

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

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19 Oct 2022

Megan Gaen

happy businessman

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

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19 Oct 2022

Oliver Cuenca

Cybercrime

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

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17 Oct 2022

Oliver Cuenca

Insurance claim

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

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11 Oct 2022

Megan Gaen

Mergers and Acquisitions

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

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10 Oct 2022

Oliver Cuenca

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