Allianz considering selling stake in Saudi subsidiary
Allianz is considering selling its controlling stake in Riyadh-based insurer Allianz Saudi Fransi in an effort to streamline its portfolio and raise cash
Restricted cover is the biggest threat to public trust in the insurance profession in the coming months, according to a poll of Chartered Insurance Institute members
Insurtechs raise investments in latest funding rounds
Kenya’s Lami Technologies raised US$3.7 million through Harlem Capital-led second round of funding, while the UK’s Quotech acquires £1 million from Convex Group and other investors
Hong Kong-based insurer FWD Group has announced a partnership with travel booking platform Klook, which will see it offer fully integrated accident cover via the Klook app and website
Allianz’s Australian travel insurance purchases double since January
Allianz Partners has reported that travel insurance purchases by Australians have almost doubled each month since January, as international departures rise by 34 per cent since the start of the…
Floods now Australia’s second costliest weather event
The Insurance Council of Australia (ICA) has released new data that shows more than $2 billon has already been paid to insurance customers impacted by the February-March floods that hit…
