Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Irdai's Stricter Stance on Insurer Operating Costs: What it Means for the Industry
The Insurance Regulatory and Development Authority of India is intensifying its scrutiny of insurers' operating and distribution costs, with recent actions against several firms for breaching expense of management limits signalling a stricter…
Informed consumers can shape insurance market
One of the defining characteristics of mature consumer markets is not simply the abundance of products, but the quality of consumer decision-making. Across sectors, rising financial awareness, easier access to information and digital discovery are…
BMA seeks tougher oversight for global insurance groups
e412a478-1085-489e-b73c-79d914e2b724 Bermuda is the group-wide regulator for three of the 59 IAIGs identified worldwide as of July (File photograph) The Bermuda Monetary Authority is proposing new rules aimed at providing a clearer picture of risks…
Insurers call for high earners without health cover to pay more tax
Almost one million high-income Australians would pay thousands of dollars more in tax penalties for not having private hospital insurance under a proposal by health funds opposed to the Albanese government's planned axing of age-based rebates for…
How to find the best travel insurance for you - and avoid costly mistakes
When preparing for a trip, travel cover is frequently bought in a hurry, with cost often being the sole consideration. But selecting a policy that fails to properly address your personal circumstances or trip itinerary may turn into an expensive…
Insurance shows Hormuz is a balance sheet, not just a battlefield
Here's the number that tells you more about this crisis than any missile count: War-risk insurance on a tanker passing through Hormuz used to run about 0.15 percent of the vessel's value. Barely worth mentioning on a shipping company's books. At…
Home insurers pocket $8.8M a day in investment income when claims are delayed, new analysis finds
Home insurance is supposed to be there when things go wrong. A fire, flood or damaged roof can leave homeowners facing tens of thousands of dollars in repairs and insurance is meant to help soften that financial blow. But while homeowners wait for…
Martin Lewis MSE issues warning to everyone with car insurance
MSE has advised motorists to not automatically renew their insurance Money Saving Expert has issued a warning to everyone paying for car insurance. The financial tool that issues money-saving advice has advised motorists not to automatically renew…
Climate change activists want to make California insurance crisis even worse
California homeowners are struggling to find insurance against wildfires and other natural disasters, as the state chases insurance companies away, and as the California Insurance Commissioner fails to hold insurance companies accountable. So what…
AppleCare Vs. Carrier Insurance: Which iPhone Protection Plan Has Better Value?
If you're looking at buying a new phone, you may already know that Apple raised prices of most products, but your iPhone still costs the same (for now). Although the iPhone prices have not yet increased, many suspect that they will soon as a result…
Healthcare freefall: Subsidy cuts, insurance gaps reshape how Coloradans will seek care
Editor's Note: Colorado's healthcare system is entering a period of accelerating instability — a “tsunami,” as multiple leaders describe it — driven by collapsing hospital finances, shrinking Medicaid reimbursements…
Insurers have a lot of data about us. Where do they get it, and how do they use it?
How much does your insurer really know about you? It could be more than just what's on your application form for the policy. Insurers have long been allowed to use what they know about us to charge different prices for the same level of cover…
Vermont wants to train the next generation of physicians. How much should insured Vermonters be paying for it? - VTDigger
Teaching and training the next generation of physicians is expensive work. And commercial insurers are footing more than half that bill in Vermont through their payments for care, according to an independent analysis. Nearly $82 million of…
Daiichi Life Insurance Co. Ltd. Takes Position in AMETEK, Inc. $AME
Daiichi Life Insurance Co. Ltd. bought a new stake in AMETEK, Inc. (NYSE:AME - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,450 shares of the…
Daiichi Life Insurance Co. Ltd. Takes Position in Edison International $EIX
Daiichi Life Insurance Co. Ltd. purchased a new position in Edison International (NYSE:EIX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The…
Receive a Daily briefing on Insurance Industry News
Get Started