Igloo partners with Philinsure to digitalise Philippines insurancePritam BordoloiFebruary 11, 2021 by Pritam BordoloiFebruary 11, 2021 The partnership will target mostly micro, small, and medium-sized enterprises... Read more
Ping An Insurance reports drop in profit for the first time since 2008Pritam BordoloiFebruary 4, 2021 by Pritam BordoloiFebruary 4, 2021 The insurer reported a 4.2% drop in annual net profit... Read more
Pro Global eyes Latam market, opens office in BrazilInternational Finance Business DeskFebruary 3, 2021 by International Finance Business DeskFebruary 3, 2021 Juan Pablo Bragadin will serve as the manager of the new office. Previously, he was a pro representative in Brazil... Read more
Hong Kong-based ZA Bank enters insurance businessPritam BordoloiJanuary 28, 2021 by Pritam BordoloiJanuary 28, 2021 The bank has been granted a licence by the Hong Kong Insurance Authority... Read more
W Denis launches EU insurance business in LithuaniaInternational Finance Business DeskJanuary 25, 2021 by International Finance Business DeskJanuary 25, 2021 Insurance brokers in the UK are not in the capacity to work directly on EU-based risks... Read more
Saudi central bank calls for M&A deals in the insurance sectorPritam BordoloiJanuary 21, 2021 by Pritam BordoloiJanuary 21, 2021 Mergers and acquisitions can make sector more competitive and strengthen its financial position... Read more
QBE expands provisions $240 mn for Covid-19 lossesInternational Finance Business DeskJanuary 18, 2021 by International Finance Business DeskJanuary 18, 2021 Hiscox, RSA, QBE, Argenta, Arch and MS Amlin said that business interruption policies typically do not cover widespread disruption... Read more
Africa’s low uptake in insurance points to 2.8% penetrationInternational Finance Business DeskJanuary 11, 2021 by International Finance Business DeskJanuary 11, 2021 The insurance penetration is seemingly more concerning in Kenya as it has recently decreased... Read more
Thai Re launches a reinsurance smart contract production networkPritam BordoloiJanuary 7, 2021 by Pritam BordoloiJanuary 7, 2021 Insurer network has been launched by using IBM blockchain technology on IBM Cloud... Read more
Life insurance premiums in APac will grow in 2023: GlobalDataWebAdminDecember 24, 2020 by WebAdminDecember 24, 2020 Written premium to rise from $1.2 trillion in 2019 to $1.5 trillion... Read more