Malaysian insurers urged to stop increasing medical insurance premiumsInternational Finance Business DeskDecember 21, 2020 by International Finance Business DeskDecember 21, 2020 By not doing so, it it will affect the premiums affordability for policymakers... Read more
Philippines to increase microinsurance by 2022Pritam BordoloiDecember 17, 2020 by Pritam BordoloiDecember 17, 2020 Currently, there are around 48.22 million Filipinos covered by microinsurance, and the number will increase to 50 million... Read more
Mexico receives $2.5 bn from 2020 sovereign oil hedgeInternational Finance Business DeskDecember 7, 2020 by International Finance Business DeskDecember 7, 2020 The country will cash in on its oil price insurance, and it will be for the fourth time in the last two decades... Read more
Reinsurance M&A to surge in Asia Pacific in 2021Pritam BordoloiDecember 3, 2020 by Pritam BordoloiDecember 3, 2020 Around 38 M&A deals were completed during the first half of 2020 in APac... Read more
National Insurance Commission grants licences to new firmsInternational Finance Business DeskNovember 30, 2020 by International Finance Business DeskNovember 30, 2020 It has granted operational licences to six new insurance companies and one reinsurance company in Nigeria... Read more
Sumitomo Mitsui invests $350 mn in US insurtech HippoPritam BordoloiNovember 26, 2020 by Pritam BordoloiNovember 26, 2020 The Japanese insurer will purchase convertible bonds from Hippo, which is valued at $1.5 bn... Read more
Emirates’ new multi-risk travel insurance coveragePritam BordoloiNovember 24, 2020 by Pritam BordoloiNovember 24, 2020 The newly launched insurance coverage by Emirates has provisions similar to other travel insurance... Read more
British insurer RSA agrees to a £7.2bn takeoverInternational Finance Business DeskNovember 19, 2020November 19, 2020 by International Finance Business DeskNovember 19, 2020November 19, 2020 A cash offer has been made by Canada’s Intact Financial and Denmark’s Tryg... Read more
China to lead global insurance market: Swiss RePritam BordoloiNovember 12, 2020 by Pritam BordoloiNovember 12, 2020 Premium growth to reach 3.4% and 3.3% in 2021 through 2022... Read more
Pay2Home extends insurance covers for Singapore’s expat workersPritam BordoloiNovember 5, 2020 by Pritam BordoloiNovember 5, 2020 The fintech is collaborating with Chubb Insurance to launch the Priority2Project designed for low-income individuals... Read more