In Mexico, insurance companies need protection
Insurers are more prone to financial risks because of their increased catastrophic coverage nts has made them dependent on reinsurance and fronting arrangements...
Tag : insurance
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...
Reinsurance M&A to surge in Asia Pacific in 2021
Around 38 M&A deals were completed during the first half of 2020 in APac...
National Insurance Commission grants licences to new firms
It has granted operational licences to six new insurance companies and one reinsurance company in Nigeria...
Sumitomo Mitsui invests $350 mn in US insurtech Hippo
The Japanese insurer will purchase convertible bonds from Hippo, which is valued at $1.5 bn...
Emirates’ new multi-risk travel insurance coverage
The newly launched insurance coverage by Emirates has provisions similar to other travel insurance...
British insurer RSA agrees to a £7.2bn takeover
A cash offer has been made by Canada’s Intact Financial and Denmark’s Tryg...
China to lead global insurance market: Swiss Re
Premium growth to reach 3.4% and 3.3% in 2021 through 2022...
Pay2Home extends insurance covers for Singapore’s expat workers
The fintech is collaborating with Chubb Insurance to launch the Priority2Project designed for low-income individuals...
Crawford’s strings of acquisition builds its market presence
The company will also be acquiring Crawford Carvallo’s line of individual business units...