Everest Insurance enters Singapore; brings customised risk solutions to Asian market

Everest Insurance, the Insurance division of Everest Re Group, Ltd has officially entered the Asian market after receiving regulatory approval from the Monetary Authority of Singapore. Senior Vice President and…

FCA delays post implementation review of signposting rules for travel insurance

The UK’s Financial Conduct Authority (FCA) has pushed back the date of its planned post-implementation review of signposting rules in the travel insurance market

Insured Nomads acquires Peanut browser extension

Insurtech firm Insured Nomads has announced its acquisition of Peanut, a Chrome browser extension which annotates the websites of online travel agencies with useful travel information

WTP appoints new Business Development Manager

World Travel Protection (WTP), a subsidiary of Zurich Insurance, has announced the appointment of James Tomlin as its new Business Development Manager for Europe, the Middle East and Africa (EMEA)

Health insurance market expected to grow

Data Bridge Market Research analysed that the global health insurance market is expected to reach the value of US$2.54 trillion by 2029, at a CAGR of 4.6 per cent during…

Allianz to sell majority share in its Russian operations

The Allianz Group has announced that it will sell a majority stake in its Russian operations to Interholding LLC, which owns Moscow-based insurer Zetta Insurance

General insurance industry in India to grow at 9.9 per cent by 2026

The general insurance industry in India is projected to grow at a compound annual growth rate (CAGR) of 9.9 per cent from ₹2,172.03 billion ($29.39 billion) in 2021 to ₹3,484.35…

Property/casualty insurance sector shows resilience

Despite experiencing an underwriting loss, the property/casualty insurance industry ended 2021 strong and able to support policyholders, according to a report from Verisk, a global data analytics provider, and the…

Network Insurance acquires Nadic

The Network Insurance Group (NIG), an Australian insurance broker, announced its acquisition of Nadic Insurance Brokers, completing its takeover on Friday 6 May

Insurance industry in Malaysia to reach US$5.5 billion in 2026

The general insurance industry in Malaysia is projected to grow at a compound annual growth rate (CAGR) of 4.8 per cent from MYR17.67 billion ($4.26 billion) in 2021 to MYR22.31…

Ten years of insurance signposting helps older drivers and holidaymakers

A successful signposting agreement launched in April 2012 between the UK Government, the British Insurance Broker’s Association (BIBA) and the Association of British Insurers (ABI) has led to 10 years…

Kenyon provides support for employee evacuations from Ukraine

Kenyon International Emergency Services has been supporting an unnamed client in evacuating its employees from Ukraine following the Russian invasion

Societe Generale to sell all Russian assets

Societe Generale (SocGen) has announced that it will sell its Russian assets, including its insurance subsidiaries, as part of its exit from the country

Relm launches crypto reinsurance business

Crypto insurer Relm has launched Relm II, the world’s first fully regulated collateralised reinsurance business that can accept both fiat and crypto as collateral

Cebu Pacific embeds AXA health insurance policy on website

The policy, known as Piso Protect, covers accidental death and permanent disablement, as well as hospital and medical costs

Increased healthcare spending to boost German insurance sector

Germany’s general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 6.8 per cent, from $165.4 billion in 2021 to US$229.6 billion in 2026 in…