Vietnam predicts over 18 percent insurance sector growth in 2020
At less than 1% of GDP, Vietnam has among the world's least life insurance penetration levels...
Category : Insurance
Saudi bans combined insurance, reinsurance businesses
The decision will further prevent ‘wrong practices’ in the industry...
Philip Morris’ insurance arm carves a new market: Japan’s vapers
Philip Morris’ iQOS, a tobacco heating system dominates the Japanese market with a market share of around 70 percent...
Kenya insurtech Turaco raises $1.2 mn to upgrade operations
Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...
Chubb first property insurer to invest in Africa Trade Insurance
Chubb, which is the world’s biggest property insurer, will invest $10 mn in African Trade Insurance Agency...
Swiss Re to sell insurance subsidiary to Phoenix for £3.25 bn
The acquisition of ReAssure will enable Phoenix to firm up its European presence as the largest insurance provider...
AXA acquires Lloyd’s coverholder Secure Legal Title
AXA XL also announced the acquisition of Armour Secure, a Mexican title insurer affiliated to Secure Legal Title...
UK Insurtech startup Zego first to get insurance licence
While Zego will continue to work with its partners, the licence will help the startup innovate new policies...
AmGeneral-Allianz merger deal may have collapsed
Reportedly, the Malaysian central bank sees the merged entity as too big for the market...
Insurers fight for Aviva’s $2.5 bn Southeast Asia business
Allianz and Nippon Life among the companies fighting for Aviva’s Singapore and Vietnam businesses...