Hong Kong-based ZA Bank enters insurance business
The bank has been granted a licence by the Hong Kong Insurance Authority...
Category : Insurance
W Denis launches EU insurance business in Lithuania
Insurance brokers in the UK are not in the capacity to work directly on EU-based risks...
Saudi central bank calls for M&A deals in the insurance sector
Mergers and acquisitions can make sector more competitive and strengthen its financial position...
QBE expands provisions $240 mn for Covid-19 losses
Hiscox, RSA, QBE, Argenta, Arch and MS Amlin said that business interruption policies typically do not cover widespread disruption...
Africa’s low uptake in insurance points to 2.8% penetration
The insurance penetration is seemingly more concerning in Kenya as it has recently decreased...
Thai Re launches a reinsurance smart contract production network
Insurer network has been launched by using IBM blockchain technology on IBM Cloud...
Life insurance premiums in APac will grow in 2023: GlobalData
by WebAdmin
Written premium to rise from $1.2 trillion in 2019 to $1.5 trillion...
Malaysian insurers urged to stop increasing medical insurance premiums
By not doing so, it it will affect the premiums affordability for policymakers...
Philippines to increase microinsurance by 2022
Currently, there are around 48.22 million Filipinos covered by microinsurance, and the number will increase to 50 million...
Mexico receives $2.5 bn from 2020 sovereign oil hedge
The country will cash in on its oil price insurance, and it will be for the fourth time in the last two decades...