Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hartford Insurance Group Inc. stock underperforms Friday when compared to competitors
Shares of Hartford Insurance Group Inc. HIG shed 1.16% to $140.53 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.05% to 7,411.98 and the Dow Jones Industrial Average…
Guardian Life Insurance Review 2026: Coverage, Cost & Insights
Guardian Life stands out for its financial strength and customer satisfaction. Policy fees are very high compared to competitors and the reliability of policy illustrations is weak. Term life insurance rates are usually around average but high for…
Florida's insurance lawsuits are down-Homeowners aren't seeing savings yet
Florida's property insurance claims and lawsuits have dropped following the sweeping tort reform introduced by lawmakers in 2022 and 2023, but homeowners in the state are still paying the highest premiums in the nation, according to the latest…
The Real Reason Behind the Private Credit-Insurance Nexus
This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in…
Shifting priorities: how affluent buyers fuel Hong Kong's record insurance sales
Life insurance sales in Hong Kong rose 51 per cent in the first quarter to another record high, driven by affluent customers from mainland China and overseas buying policies for wealth transfer, protection and medical needs. The industry wrote…
HSBC sells Singapore insurance firm in £1.6 billion deal
HSBC has agreed to sell its Singapore life and insurance business to Allianz for 2.7 billion Singapore dollars (£1.6 billion), a move that forms part of an ongoing strategic overhaul led by chief executive Georges Elhedery. Crucially, the…
HSBC agrees to US$2 billion deal to sell Singapore insurance branch to Allianz
HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz for S$2.7 billion (US$2.08 billion), with the deal expected to be completed in the first half of 2027, HSBC Group announced on Friday morning before the…
HSBC sells Singapore insurance unit to Germany's Allianz in S$2.7 billion deal
HSBC (0005) has agreed to sell its Singapore life and health insurance business to Germany's Allianz in a deal valuing the unit at S$2.7 billion (HK$16.38 billion), the companies said on Friday. SCROLL TO CONTINUE WITH CONTENT The disposal is…
The Hartford Insurance Group, Inc. (HIG) Q2 2026 Earnings Call Transcript
The Hartford Insurance Group, Inc. (HIG) Q2 2026 Earnings Call July 24, 2026 9:00 AM EDT Kate Jorens - SVP, Treasurer & Head of Investor Relations Christopher Swift - Chairman & CEO Beth Bombara - Executive VP & CFO Michael Fish - Executive VP &…
Allianz to buy HSBC's Singapore insurance unit for $2.09 billion
Cristina Arias | Cover | Getty Images Allianz Group said on Friday it has agreed to acquire HSBC's Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the company's footprint in Asia's life and health…
HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion
Holdings has agreed to sell its Singapore life and health insurance business to for $2.1 billion, as the U.K.-based lender reshapes its portfolio to focus on core markets and businesses. The sale is expected to generate a pretax gain of about $1.8…
Ohio Supreme Court sides with insurer over appraisal award
An Indiana insurance company will not have to pay a church more than $200,000 in additional storm damage claims after the Ohio Supreme Court ruled on Thursday that the church failed to properly allege that the binding appraisal process was flawed.
Wildfire Risk is Increasing. Rising Insurance Costs Are Pushing Hotels to Prepare
Wildfires have ripped through the U.S. and Europe in recent weeks, the latter of which has faced three successive heatwaves that have left land tinder-dry. Many resorts, summer camps, wineries, ski areas and national park lodges are designed to be…
Public healthcare steps in as workplace injuries expose insurance gap among migrant workers
Akash Kumar lay quietly on a hospital bed, his world turned upside down by a workplace accident involving a steel-cutting machine that had left him with a severe limb-threatening injury behind his left knee. With no family by his side, the…
No proposal to make insurers follow treating doctors' opinion on claims: Centre
The Centre has said there is no proposal under consideration to require health insurers to give overriding precedence to the clinical opinion of the treating doctor while deciding health insurance claims. Responding to a question in the Lok Sabha…
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