200 stories found
China plans to inject approximately $47 billion to $54 billion into state-owned banks and insurance companies to boost their capital. This move aims to strengthen the financial sector's stability and support economic growth.
A severe hailstorm has struck the Canton of Zurich, prompting insurers to process an unprecedented volume of claims with estimated damages reaching hundreds of millions of Swiss francs. The storm caused widespread destruction beyond just vehicles, affecting homes and businesses.
A petitioner is demanding transparency regarding the government's selection of 14 insurance firms to administer a compulsory health coverage scheme for visitors, questioning the procurement process.
Moody’s Investors Service has assigned its initial insurance financial strength ratings to Freedom Insurance and Freedom Life, evaluating their capital adequacy and risk management practices. The ratings provide market participants with standardized benchmarks for the insurers’ stability.
Government officials propose purchasing private health insurance policies for civil servants to replace the current direct state budget reimbursement system.
Industry leaders at the Gančije insurance conference emphasized the need for proactive adaptation to climate change, focusing on maintaining public trust and navigating future regulatory and environmental challenges.
Amid the rapid expansion of AI-driven data centers, Verisk has launched a specialized platform enabling insurance companies to evaluate and manage growing geographic concentrations of infrastructure risk.
Major insurance companies are accelerating stock repurchase programs as underwriting pricing pressures ease, allowing firms to return capital to shareholders while navigating a shifting competitive landscape.
Industry players are exploring a pricing floor for the natural catastrophe component of fire insurance to mitigate severe underpricing risks and protect reinsurers from catastrophic loss exposure.
Financial experts and industry associations warn that banks and insurers face growing conflicts of interest as an increasing number of retirees opt for immediate capital withdrawals from pension funds instead of guaranteed annuities.
Despite escalating global cyber threats, insurers continue to lower premiums, reflecting improved risk modeling and a saturated market driving competitive pricing.
Despite multiple days of extreme heat and noticeable climate change impacts this summer, German insurance companies have recorded relatively low damage claims, though water supply systems are facing increased pressure.
Financial analysts at Nomura maintain optimistic projections for India's leading health insurers, citing improved actuarial data and more predictable claim trends.
Nigeria's insurance regulator has directed newly licensed companies to deploy recapitalization funds responsibly and strengthen safeguards for policyholders under the new industry reform agenda.
Australia’s corporate regulator found that insurers predominantly settle claims with cash rather than managing repairs, creating unfair outcomes for vulnerable homeowners.
An investigative piece highlights the complexities of applying for Medigap insurance long after a major medical procedure, revealing how insurers may scrutinize past health records during underwriting.
Insurance companies in Latvia have received more than 4,800 damage claims following severe weather conditions over the weekend, according to data from the Latvian Insurance Association.
India's insurance regulator Irdai approved a proposal allowing domestic insurers to invest in New Development Bank's Maharajah INR-denominated bonds for corporate purposes.
Insurance providers are updating their cybersecurity policies to account for risks posed by malfunctioning or unpredictable artificial intelligence agents. Companies are implementing stricter liability clauses and risk assessment models to cover emerging threats from autonomous software.
Hedge funds, insurers, and pension providers across London's financial district are accelerating preparations to meet sweeping new regulations requiring the reporting of all non-financial misconduct.
Two major retirement insurance companies are launching annuity products backed by the $250 million endorsement agreement between basketball star LeBron James and Nike, leveraging athlete revenue streams for financial instruments.
Investigations into alleged export credit insurance fraud at Atradius DSB suggest the scheme could result in hundreds of millions of euros in losses for the Dutch government. Authorities are examining how private insurers facilitated the financial irregularities.
An ongoing investigation into the ownership of the Los Angeles Dodgers has reignited concerns about the fragility of certain reinsurance firms, with critics warning of potential systemic failures.
Insurance providers in Zimbabwe face mounting financial pressure as administrative delays and bottlenecks in the compulsory vehicle insurance framework hinder claims processing and premium collections.
A company controlled by LeBron James has reportedly borrowed nearly $300 million from Midwestern life insurers. These insurers were advised by firms linked to Mark Walter, raising questions about the financial arrangements.
AM Best will host an analytical briefing detailing its approach to insurance financial strength ratings, featuring the Secretary General of the Federation of Afro-Asian Insurers & Reinsurers as a featured speaker.
Mark Walter's TWG Global has appointed a former Goldman Sachs executive, Markowitz, as its top lawyer, a move that comes as federal authorities investigate two insurers within Walter's business empire over loan classifications.
New legislation granting cancer survivors a 'right to be forgotten' will come into effect in mid-October, preventing insurers from using a person's medical history against them if they have previously had cancer.
Federal investigations into the business empire of Los Angeles Dodgers owner Mark Walter have brought scrutiny to private-equity-owned insurers. These insurers are under the spotlight for their practice of investing premiums in risky assets, raising concerns within the insurance industry.
Insurers have raised prices or restricted coverage for ships and other firms in the region owing to Iran conflict and Houthi attacks
Europe is experiencing a summer of extreme weather, with wildfires, floods, and storms forcing thousands to evacuate and leading to numerous deaths. Countries like France and Serbia are battling intense heatwaves and fires, while the West Nile virus is also spreading across the continent.
Patrick Bruel's self-produced autumn tour is anticipated to be complicated due to predictable disputes with concert venues, officials, and insurers, placing 100% of the financial risk on him.
Swiss insurers saw a substantial increase in profits in 2025, with the sector's financial situation deemed 'generally sound' by the Swiss Financial Market Supervisory Authority (FINMA).
As Japanese bond yields surge to a three-decade high, life insurers in Japan are reportedly facing unrealized losses totaling $200 billion.
Major pharmaceutical companies are cautioning that Germany's plans to impose higher mandatory discounts for insurers, aimed at saving €12 billion by 2030, will ultimately backfire.
A Panevėžys district court in Lithuania has awarded nearly 140,000 euros in damages for an accident caused by an uninsured car in Germany, fully satisfying the claim from the Lithuanian Transport Insurers' Bureau.
Munich RE and Lloyd's have secured the top positions in AM Best's 'World’s 50 Largest Reinsurers' rankings, as detailed in Best’s Market Segment Report.
Americans' dissatisfaction with medical coverage, driven by higher premiums and rising medical bills, has intensified following the killing of UnitedHealth executive Brian Thompson.
Hong Kong's life insurers are projected to see annual premium growth of 8 to 10 percent over the next two years, despite a recent regulatory shift stemming from Beijing's overseas taxation rules.
A KFF report indicates that health insurers denied at least 1 in 8 standard prior authorization requests across Medicare Advantage, Medicaid, and Obamacare last year.
A report by financial control reveals that doctors, hospitals, and pharmacists in Switzerland are collecting 360 million Swiss francs in drug discounts from pharmaceutical companies, which should rightfully belong to patients or health insurers. This practice is still widely considered a minor offense within the industry.
All three health insurance companies operating in Slovakia concluded the first six months of the year with a profit, with Dôvera reporting the highest economic result. The Office for Health Care Supervision confirmed that the insurers are meeting their obligations to hospitals.
Health insurers are reportedly dropping Medicare Advantage plans, which could affect a significant number of seniors.
Insurers are bracing for an anticipated increase in natural disasters during the second half of 2026, according to a report from SWI swissinfo.ch.
Australia's financial regulator, ASIC, has advised car owners to challenge their insurers regarding steep premium increases, noting that many insurers are raising prices faster than inflation and encouraging customers to seek better deals.
A report by KFF indicates that insurers are seeking to increase small businesses' premiums by an average of 14% for the upcoming year.
Sanitas is the first health insurance company in Switzerland to offer its own pet insurance, signaling a potentially large new market for insurers.
Shares of Prudential and other Hong Kong insurers tumbled following reports that China plans to impose taxes on returns from offshore insurance policies. This potential tax change has sparked concerns among investors and the insurance industry.
Russian insurers have reportedly ceased providing war and terrorism risk coverage for cargo ships operating in the Sea of Azov and the Black Sea, according to sources in the shipping and insurance industries.
This year's heatwaves and their consequences, including wildfires, could cost France between €3 billion and €6 billion by 2026, potentially hindering the government's deficit reduction goals as it will have to fund costs not covered by insurers.
Insurers are increasingly utilizing catastrophe bonds to transfer unprecedented levels of wildfire risk to capital markets, leading to record sales.
Billionaire investor Walter's insurers reportedly paid millions of dollars to credit rating provider Egan-Jones, as the investor faces a wide-ranging probe into the private credit holdings of the insurance companies he controls.
Banks and insurers are disputing the definition of 'high-risk AI' due to vague EU regulations, with financial oversight checks not scheduled until December 2027.
Germany's financial regulator, BaFin, has announced plans to monitor the use of artificial intelligence by banks and insurance companies to ensure compliance and manage risks.
The Portuguese Insurers Association (APS) announced that over 810 million euros have already been paid out for storm-related insured claims, totaling 1.4 billion euros. The global settlement rate stands at approximately 90%, with more complex cases still under review.
A report suggests that insurance companies should utilize artificial intelligence at every stage of their value chain to enhance operations and services.
Insurers are requesting their first increase in third-party premiums in four years, citing mounting losses as the primary reason for the proposed hike.
Tensions in the Red Sea have escalated with Houthi rebels claiming missile attacks on Saudi Arabia, some of which were intercepted by Greek Patriot systems. This comes as shipping in the region faces increased threats, with tankers altering courses to avoid Houthi-controlled chokepoints.
French Health Minister Stéphanie Rist announced new draft decrees to transfer more healthcare reimbursement costs from state health insurance to private complementary health insurers (mutuelles), particularly for dental consultations, medical transport, and less effective medications.
Petra Hielkema, head of the European insurance regulator, supports EU bureaucracy reduction but cautions against eroding capital requirements, emphasizing the need to avoid a 'race to the bottom' among insurers.
Portuguese insurers have paid out €1.4 billion for 218,000 claims, covering only 26% of total losses, with the regulator reporting that 84.5% of claims are now closed.
Dutch insurers are raising concerns that crowdfunding platforms in the Netherlands are not adequately screening fundraising campaigns for misleading or unproven medical claims, potentially exposing donors to risks.
Wall Street firms are reportedly tapping into insurers as a strategy to unlock liquidity and unfreeze private markets. This move aims to address challenges related to illiquidity within these financial sectors.
Nigeria's National Insurance Commission (NAICOM) has issued a warning to insurance operators, emphasizing the mandatory July 31 recapitalization deadline and urging compliance.
Entrepreneur Mark Cuban cautioned Americans that artificial intelligence could exacerbate problems in the US healthcare system, fearing insurers might leverage AI to impede treatment approvals for patients.
Mark Cuban has expressed concerns that artificial intelligence could exacerbate issues in US healthcare by fueling an 'arms race' with insurers. He suggests AI's rapid advancement might lead to negative outcomes in the sector.
A man named Derek Monaghan died when his new car unexpectedly took off and hit a tree while he was showing it to his mother-in-law, leading to a family settlement against his mother-in-law and the Motor Insurers’ Bureau of Ireland.
Some insurers may limit Medicare Advantage plan enrollment by county starting in 2027. Beneficiaries are advised to review their plan choices beginning October 15.
Major insurance providers have notified Wall Street that certain Advantage health plans will expire on December 31, leaving policyholders unaware until official letters arrive in October.
Pension funds and insurers holding large US asset positions lack adequate hedging against currency weakness, raising concerns that sentiment shifts could accelerate a broader dollar decline.
A new report highlights how China's growing industrial strength is reinforced by a comprehensive network linking manufacturers, maintenance providers, and insurance firms.
Despite rising risks from wildfires and infrastructure attacks, major reinsurers like Munich Re remain financially robust enough to meet capital requirements, according to Standard & Poor’s.
American insurers managing nearly $9.6 trillion in assets are increasingly allocating capital to private markets, a structural shift that warrants closer risk monitoring alongside traditional banking exposures.
Samsung Fire & Marine Insurance and Samsung Life Insurance are reportedly considering overseas mergers and acquisitions worth up to 9 trillion won, keeping options open for significant deals in the UK and US markets.
Major institutional investors holding unusually large US asset positions lack adequate hedging against a weakening dollar, raising concerns about amplified selloff risks if market sentiment shifts.
State officials are examining how hedge funds and insurers capitalize on disaster recovery efforts, though consensus remains elusive on cost allocation mechanisms.
Insurers face significant financial pressure as they race to meet new regulatory capital thresholds, threatening stability and consolidation within the industry.
Ukrainian President Volodymyr Zelensky warned airlines and insurers that Russian airspace is becoming dangerous, ordering them to stop flying and vowing to de facto close the sky. The warning came as Ukraine ramps up drone attacks.
The Insurance Regulatory and Development Authority of India (IRDAI) has put forward plans for a centralized digital insurance registry designed to improve data sharing among insurers, intermediaries, and policyholders.
Sweeping changes to Germany’s historic pension framework will redirect billions into capital markets, forcing major financial institutions to adapt their business models.
Peng Jin-lung, head of Taiwan's financial regulator, is challenging the longstanding investment practices of the island's life insurance sector to decrease dependence on the US dollar. The initiative aims to diversify capital pools and mitigate currency risks.
American insurance firms are quietly channeling approximately $16 billion of policyholders' retirement savings into private lending markets, raising questions about fund allocation and risk management.
Multiple health insurance providers have announced their withdrawal from ACA marketplace exchanges ahead of the 2027 enrollment period, potentially reducing consumer options and impacting premium stability.
Fire and property insurers continue to struggle with profitability as intense competition drives down premiums and squeezes margins across the sector.
Financial regulators and industry advocates have encouraged Ghana’s insurance sector to fully integrate digital payment platforms to streamline transactions and boost client satisfaction. The push aligns with broader national efforts to modernize financial services and increase economic inclusion.
Icelandic innovation company Strandvari is collaborating with domestic insurance firms to expand the deployment of autonomous devices designed to prevent ship groundings and collisions.
Severe weather across Lithuania has caused widespread damage to residential solar installations, prompting homeowners to question coverage policies while insurers estimate millions in total storm-related losses.
Credit rating agency AM Best affirmed the financial strength and credit ratings of SPP Institución de Seguros in Mexico and Delvag Versicherungs-AG in Germany. The decision reflects stable underwriting performance and adequate capitalization at both regional insurers.
Analysis shows that while all insurers offer the exact same benefits for Medicare Supplement Plan G, policyholders typically face premium increases every year on their birthdays.
Extreme heatwaves across Europe this summer have reportedly led to 35,000 excess deaths and placed significant strain on insurance companies. The severe weather events highlight the growing impact of climate change.
The French government approved a €1.5 billion transfer of reimbursement responsibilities for medications, dental care, and hearing aids to complementary private insurers. The policy aims to reduce public debt but will increase out-of-pocket expenses for citizens.
Insurance companies are cautioning households to review their policies as autumn brings heightened risks of storms and flooding following an extended dry summer. Uniqa’s chief executive emphasized that many climate-related damages typically emerge in the second half of the year.
Insurers in Latvia have received approximately 1000 claims following a storm over the weekend, with preliminary estimates suggesting total compensation payouts could amount to millions of euros.
Several insurance providers are discontinuing their Medicare Advantage offerings, leaving approximately three million older Americans facing coverage disruptions and plan changes.
China is providing support to its insurance sector as falling interest rates continue to squeeze returns and impact the financial stability of insurers.
Dutch insurers are reportedly remaining on the sidelines despite the Netherlands' push to increase its defense spending, raising questions about their role in national security initiatives.
Insurers in Kenya are being urged to re-evaluate their profitability strategies as foreign players increasingly dominate lucrative market segments.
A new analysis indicates that home insurance companies are earning approximately $8.8 million daily in investment income due to delays in processing claims, highlighting a significant financial benefit for insurers.
A survey indicates that people are still driving under the influence of cannabis, despite a two-year-old legal limit for cannabis consumption around driving in Germany.
Japanese insurance companies are actively seeking foreign investors to replace their traditional cross-shareholdings, a move aimed at improving corporate governance and capital efficiency.
Woori Financial Group announced plans to merge Tongyang Life Insurance and ABL Life Insurance into a 55 trillion won ($39 billion) insurer, with the combined entity expected to launch in the second half of 2027.
Electronic health record giant Epic Systems is working with medical care providers and two of the nation's largest health insurers to speed prior authorization reviews.
A new report indicates that smaller insurance companies in the UAE are experiencing faster growth compared to larger players in the market.
The No Surprises Act could significantly disrupt the U.S. healthcare system, potentially leading to higher physicians' fees and increased arbitration costs for insurers, ultimately burdening consumers.
The development of data centers in lower Earth orbit is creating a complex new market for insurers, who face challenges in pricing the associated risks.
EverQuote is aiming for $1 billion in revenue as insurers are reportedly shifting their focus from profit to growth.
A commentary argues that hundreds of millions of Swiss francs are illegally flowing into doctors' pockets through an opaque rebate system instead of benefiting premium payers, calling for health insurers to take responsibility.
TWG Global, linked to Mark Walter's insurers, is reportedly seeking to refinance loans and restructure firms while prosecutors examine its financial records.
South Korea's 30-year government bond yield has climbed to a record level, driven by elevated energy prices and reduced demand from life insurers, intensifying pressure on the debt market.
Health insurers are discontinuing Medicare Advantage plans, potentially leaving many older adults, especially in rural areas, to seek new health coverage next year.
Insurance companies are bracing for a potential surge in claims related to natural disasters in the second half of 2026. This anticipation reflects growing concerns over climate-related events.
An Austin homeowner spent $3,000 to trim trees after receiving a warning from their insurance company, highlighting a growing trend where Texas insurers use aerial imagery to assess property risks and decide on policy renewals.
Insurers are issuing warnings that Europe is facing an increasing 'protection gap' for wildfire coverage, as the costs of disaster recovery are outstripping available insurance coverage.
Five Nigerian insurers are intensifying efforts to meet NAICOM capital rules under the new Insurance Industry Reform Act 2025, with updates on their recapi Read More:…
New investigations by NDR, WDR, and Süddeutscher Zeitung have uncovered additional millions in losses for German health insurance funds and associations. These losses stem from questionable investments that were reportedly approved by economic law firms.
Senator Elizabeth Warren, along with other lawmakers, has launched an investigation into six insurance companies in response to escalating insurance costs.
Players vs. teams. Doctors vs. insurers. How the same method for resolving pay disputes has led to wildly different results.
Official data indicates a slight decrease in top salaries and administrative costs for health insurers in Switzerland, though rising healthcare costs remain the primary concern.
Australian homeowners are reportedly spending thousands of dollars, sometimes up to $30,000, to reduce the risk of bushfires to their properties. The article questions whether these efforts will be rewarded by insurers.
Insurers may begin to avoid areas frequently affected by disasters, according to Politico, indicating a potential shift in risk assessment and coverage strategies.
Financial stocks listed in Hong Kong are on track for their largest monthly gain in nearly two years. Investors are shifting from technology shares to banks and insurers as enthusiasm for tech stocks wanes.
Engineers, insurers, and policymakers are currently debating whether cyber safety engineering should be recognized as a licensed professional discipline to effectively address increasing cyber-physical risks.
An analysis suggests that while El Niño typically promises a less active hurricane season, this may not necessarily translate into good news for insurers.
The National Insurance Commission (NAICOM) and the Nigerian Insurers Association (NIA) have endorsed the new Lagos Building Insurance Scheme, providing regulatory support and emphasizing its role in protecting lives and property.
DÉCRYPTAGE - Un feu « XXL » ravage de nouveau la Gironde, contraignant les autorités à évacuer les habitants et vacanciers de la très chic presqu’île du cap Ferret.
India is reportedly preparing to introduce a common customer identification system for banks and insurers, with mutual funds expected to adopt it later, aiming to streamline financial transactions and enhance regulatory oversight.
A year after a devastating fire in Ząbki, Poland, residents of the burnt-out apartment block are still unable to return home, grappling with ongoing mortgage payments, disputes with insurers, and living in temporary accommodations.
US prosecutors are reportedly examining insurance companies linked to Los Angeles Dodgers owner Mark Walter.
Health insurers in the Netherlands are launching 14 new "maternity hotels" across the country. This initiative aims to tackle disparities in maternity care, which have arisen due to a shortage of healthcare professionals.
A financial analysis examines Chubb's stock performance, noting it trades at just 12 times earnings, significantly below the broader market, and questions if one of the world's largest insurers represents a bargain.
At least 17 German health insurance funds and associations have lost a minimum of 170 million euros by investing contribution funds in dubious real estate funds.
The Polish insurance market is growing, but so is the problem of client debt, with arrears now exceeding 337 million PLN. While Poles are increasingly buying life, health, property, and travel policies, data from BIG InfoMonitor shows a rising number struggling to pay premiums.
More insurers are filing lawsuits against the Centers for Medicare & Medicaid Services (CMS) over the Medicare Advantage star ratings system, citing a 'broken' system.
Ghana’s insurance industry, including the NIC, has called on the public to prioritize insurance as a crucial protection mechanism following recent floods that caused widespread destruction in parts of the country.
Insurers are bracing for a market downturn as increased capital inflows into property and casualty insurance push premiums down, resulting in payouts reaching their lowest level in two decades.
Financial analysts highlight a burgeoning insurance sector dedicated to protecting data centers, as demand for specialized risk coverage surges alongside global infrastructure expansion.
Insurers in England and Wales tell of busy August with one reporting near-140% jump in claims UK insurers are experiencing a surge in the number of homeowners making claims for subsidence after the…
Medigap insurance underwriters are bypassing applicant self-reports by directly pulling pharmacy records to verify prescription history and determine coverage eligibility.
From 2027, the financing of prenatal care will change. Gynecologists warn of bottlenecks. Health insurers disagree. By Jule Lampe.
A severe storm that struck Switzerland at the end of August has caused extensive damage, with insurers estimating initial costs in the three-digit million range.
Long-term savings managed by European pension funds and insurers are increasingly being channeled into long-term debt instruments financing the rapid expansion of artificial intelligence infrastructure in the United States.
According to Korean media reports, Samsung’s insurance subsidiaries intend to purchase British specialty insurer Canopius in a deal valued at approximately $1.5 billion. The acquisition would mark a significant expansion for Samsung’s financial services portfolio into the global reinsurance market.
American P&C insurers posted robust underwriting gains through the first half of 2026, though line-specific risks and geographic challenges continue to pressure certain segments.
Woori Financial Group Chairman Lim Jong-ryong and 55 senior executives bought company shares in late August, signaling confidence as the financial group expands its nonbanking operations and integrates two life insurers.
Health insurers are scaling back coverage for popular GLP-1 weight-loss and diabetes medications, while the FDA's recent regulatory moves provide Eli Lilly with a significant competitive advantage in the market.
The Thai government unveiled a $467 million initiative to provide disaster insurance coverage to approximately 30 million households in high-risk zones, aiming to transfer flood and catastrophe costs to private insurers.
Kenya’s insurance sector hit new market highs as companies successfully expanded into specialized product lines, boosting overall industry performance.
The financial watchdog warns that cash settlements provided by insurers are often insufficient to cover the full cost of repairs needed by customers affected by recent disasters.
Mark Walter's insurance affiliates are experiencing significant funding pressures as large affiliate loans come due, contrasting sharply with the long-term investment strategies typically employed by other insurers in the sector.
As patients increasingly rely on artificial intelligence assistants to navigate healthcare decisions, medical networks and insurers are adapting their digital strategies to intercept care routing before users reach traditional websites.
Medical professionals in Belgium have expressed strong outrage over recently passed legislation that grants health insurance companies extensive access to patient medical records, raising significant privacy and ethical concerns.
Residents of a London apartment complex destroyed in a 2024 fire remain legally required to pay mortgages on ruined properties, complicating their lives while insurers and administrators navigate ongoing legal battles following the freeholder's administration.
Insurance providers are rapidly updating their cyber liability coverage frameworks to address emerging threats and potential damages caused by uncontrolled or rogue artificial intelligence systems.
Following a severe storm over the weekend, Lithuanian insurers have registered at least 5,000 claims, with numbers expected to rise as damage assessments continue across the country.
Domestic insurers saw their first-half net income rise significantly, driven primarily by increased returns on investment portfolios.
Heavy flooding in the Rasuwa district has negatively impacted Nepal’s equity markets, causing notable declines in hydropower and insurance company valuations amid growing economic uncertainty.
Despite holding state-approved status, the hospital is covering millions of crowns for preventive mammography screenings because major insurance companies are refusing to pay for the service.
The market for synthetic credit risk transfers has surged, with insurers increasingly offering unfunded structures that allow banks to shift default exposure away from their balance sheets.
Eight months after a major explosion devastated parts of Utrecht, local residents continue to face significant difficulties resolving insurance claims and rebuilding their lives.
Rating agency S&P has warned that Europe's intense heatwaves could impact insurers' earnings due to a rise in claims linked to heat-related deaths and illnesses, potentially driving up premiums.
Following a series of positive earnings reports this summer, health insurance company stocks are rising, as insurers appear to have gained control over their costs, at least for the time being.
A severe storm that hit Lithuania over the weekend caused extensive damage, leading to thousands of power outages, communication disruptions, and significant losses for farmers in Žemaitija. Insurers reported an eightfold increase in claims following the event.
As motorized watercraft gain popularity in Latvia, creating increased risks in water traffic, insurance company BTA is advocating for discussions to introduce mandatory civil liability insurance (OCTA) for these vessels.
India's equity market has experienced a surge in domestic mutual funds, insurers, and retail investors, leading to record deals, even as the secondary market faces challenges.
Insurance companies are adjusting their offerings to meet the increasing demand for eye care services, a trend attributed to the prevalence of digital lifestyles.
Insurers in Asia are finding protection against China's policy changes due to the region's continued wealth accumulation, which is outpacing that of most developed economies.
An online debate surrounding Health Maintenance Organisations (HMOs) has brought to light significant tensions and misunderstandings among Nigerians, healthcare providers, and insurers regarding health insurance.
A scandal involving the insurers owned by billionaire Mark Walter has put the private capital industry on high alert.
Japanese life insurers are nearing $200 billion in unrealized bond losses as interest rates continue to soar.
Health insurers are reportedly withdrawing Medicare Advantage plans, a move that is expected to impact nearly 3 million older Americans.
Sports billionaire Mark Walter's strategy of using insurers to build a vast financial empire, a model widely copied, is now facing increased scrutiny from regulators.
A man confined to bed for years faces a reduction in his pension from an insurance company because the state social security fund (ZUS) granted him a supporting benefit. This situation highlights concerns about the 'soullessness of the system,' where state aid becomes an argument for insurers.
The FBI has seized the phone of a Guggenheim executive as part of an ongoing investigation into billionaire Mark Walter’s extensive business empire, indicating that US scrutiny of his financial holdings has expanded beyond insurers to include securities and asset management.
Samsung Life Insurance and Samsung Fire & Marine Insurance collectively earned 3.27 trillion won ($2.3 billion) in the first half, both showing double-digit profit growth despite different earnings drivers.
Billionaire Mark Walter, co-owner of the Los Angeles Lakers, is reportedly in talks with investors to raise money to pay down loans on his insurers' books, which have attracted scrutiny from the Justice Department.
Iran has reiterated its firm stance that the Strait of Hormuz will remain closed unless the United States accepts all of its conditions. This declaration comes amidst heightened tensions and ongoing discussions about the strategic waterway.
AIG CEO Peter Zaffino stated that the rapid expansion of AI data centers is pushing property and casualty insurers to their limits, discussing this alongside the company's earnings and shipping concerns in Hormuz.
Insurance companies are preparing for a potential surge in claims related to natural disasters during the second half of 2026, indicating expectations of heightened catastrophic events.
Standalone health insurers are reportedly gaining market share in India, while general insurers are losing ground in the competitive insurance sector.
Japan's four largest life insurers have reported a combined $96 billion in unrealized losses on domestic bonds, highlighting the risks posed by rising interest rates to the industry.
The Nigerian Insurers Association (NIA) commends NAICOM’s transparent implementation of new capital requirements, bolstering the Nigerian insurance sector’ Read More:…
Shares of Hong Kong insurers experienced a decline following Beijing's decision to impose taxes on offshore insurance income.
Enterprise Insurance highlights its 102-year history of fulfilling commitments, addressing a common concern among Ghanaians about whether insurers will pay claims. The company emphasizes its confidence in its latest campaign, 'Eto Wo A Da'.
The Cypriot government will take responsibility for removing vehicles from serious traffic accidents under a new rapid response system, with insurance companies expected to reimburse the state for towing costs.
NAICOM has announced the successful completion of Nigeria’s insurance recapitalization, clearing 43 insurers and reviewing eight, marking a new era for the sector.
Insurers, reinsurers, and brokers are actively assessing new catastrophe risks, viewing the recent extreme heatwaves in Europe not as a temporary shock but as a long-term climate trend.
Slovakia is expecting a heatwave with temperatures reaching 40 degrees Celsius, while a separate report highlights issues between health insurance companies Dôvera and Union and local authorities.
US insurance-related stocks rallied, pushing an industry gauge to a record high, as concerns over artificial intelligence drove traders towards more defensive parts of the market.
Insurers are being called upon to implement exceptional measures for victims of fires, including covering rehousing costs for displaced individuals and accelerating compensation procedures, as they anticipate a substantial financial impact.
Single-premium whole life insurance policies are seeing a rise in popularity in Japan, with major insurers like Nippon Life Insurance reporting increased revenues in fiscal 2025 driven by stronger sales of these policies.
Individuals turning 65 have a crucial, one-time six-month window to enroll in Medigap insurance. Missing this period could result in insurers permanently denying coverage.
Life insurance sales in Hong Kong surged by 51 percent in the first quarter, reaching a new record. The growth is primarily attributed to affluent customers from mainland China and overseas seeking policies for wealth transfer, protection, and medical needs.
Insurance companies are increasingly directing their investments towards oil projects located outside the Middle East region.
Insurers are cutting prices in an effort to secure new oil and gas business, leading to lower premiums for projects in regions considered safe as competition intensifies.
Federal prosecutors in the US are investigating insurance companies owned by billionaire Mark Walter, focusing on potential issues with asset disclosures. The probe targets Walter's extensive insurance empire, including Guggenheim.
UK pension insurers are reportedly increasing their exposure to opaque private credit, prompting warnings from S&P about the hard-to-price private assets that now constitute over 10% of portfolios at major firms like L&G, Standard Life, and Just Group.
Individuals turning 65 have a one-time, six-month window to enroll in Medigap plans, and missing this period could result in insurers permanently denying coverage.
Despite ongoing market uncertainties, private credit continues to draw increased investment from insurers, indicating a growing appetite for alternative assets.
Mark Cuban suggests that artificial intelligence has the potential to reveal instances where health insurers are overcharging employers, helping them identify and address financial discrepancies.
Insurance companies are declining to cover e-scooters, while the government is considering a crackdown on their use due to a significant increase in serious accidents, particularly head injuries among children.