Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing economy. The cash injection, which is being led by China's finance ministry…
China to pump $54bn into state banks and insurers to boost economy
CFOTO/Future Publishing via Getty Images Peter Hoskins Business reporter China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing…
Ganpati Pandal Insurance Demand Surges
Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year. Demand for insurance among Ganpati pandals has risen sharply this festive season, with organisers becoming increasingly conscious of risks from…
China pumps massive US$54b into insurers, banks in financial powerhouse push
China rolled out a package of capital injections worth about 360 billion yuan (US$54 billion) on Sunday for the country's largest state-owned insurers and state banks, marking a step towards Beijing's long-flagged plan to build itself into a global…
Cape Breton Flooding: Insurance Bureau of Canada provides insurance guidance
Helpline and resources available to help residents with claims and recovery HALIFAX, NS, Sept. 6, 2026 /CNW/ -- Following recent flooding and the declaration of a state of local emergency in Inverness, Richmond and Victoria counties, Insurance…
China to pump 317 bln yuan into state banks, insurers in capital-boosting push
China's finance ministry will inject 57 billion yuan (HK$66.6 billion) into three state-owned insurers, the companies said on Sunday, in a coordinated push by Beijing to shore up capital across its financial system. SCROLL TO CONTINUE WITH CONTENT…
Lawmakers added $1 to Texans' car insurance policies. That money paid for thousands of Flock cameras
In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward…
China Mega Banks, Insurers Seek at Least $53 Billion in Capital
China's biggest banks and insurers are seeking at least 357 billion yuan ($53.2 billion) capital boost, with the Ministry of Finance footing more than 80% of the bill, as Beijing moves to shore up balance sheets and sustain growth in a…
This IIHS Top Safety Pick Winner May Also Cost The Most To Insure
Let's start by separating the what from the why. The top safety pick in question is the Tesla Model 3. The Insurance Institute for Highway Safety (IIHS) has a tiered system for rating the safety of a car. The Top Safety Pick+ is its highest score.
Buying insurance at discount? Think twice
Buying insurance is commendable. Being a prudent buyer of insurance is even better. That means more than bargaining for lower premium or looking for more benefits. Insurance is different from most products and services we buy. The price reflects…
10 States with the Most Expensive Car Insurance
According to insurance-comparison marketplace Insurify, the national average cost of full coverage car insurance is $2,244 per year, while liability-only coverage averages $1,176 per year. But drivers in some states are paying thousands of dollars…
China to pump billions into state banks, insurers in capital-boosting push
Sign up now: Get ST's newsletters delivered to your inbox Published Sep 06, 2026, 05:39 PM BEIJING - China's finance ministry will inject 57 billion yuan (S$10 billion) into three state-owned insurers, the companies said on Sept 6, in a coordinated…
Hair-loss treatment stocks emerge as Korea's latest market theme
Hair-loss treatment stocks have emerged as the latest theme in Korea's equity market, drawing investors searching for the next big pharmaceutical trade after the boom in obesity drugs, market watchers said Monday. Shares of JW Shinyak and Samik…
Motor insurance gets more personalised as data takes the wheel
Motor insurance is increasingly moving away from a one-size-fits-all approach to personalised cover tailoring the premium to the risks specific to the vehicle and policyholder, thanks to a data-driven approach. The personalisation in the own-damage…
Is Your Term Life Insurance Policy Expiring? Here Are 3 Paths to Consider Next
A pattern shows up often enough in my practice that I've stopped being surprised by it. Someone in their mid-50s comes in for a routine check-in. Their mortgage is paid off. The kids whose 20-year term life policy was meant to protect are mostly…
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