Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
HSBC launches review of insurance arm in Singapore
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. HSBC has revealed plans to review its insurance business…
HSBC launches review of insurance arm in Singapore
HSBC has revealed plans to review its insurance business in Singapore in the latest move by boss Georges Elhedery to overhaul the British banking giant. The group said the review would only cover HSBC Life Singapore, adding it will consider all…
'Aviva won't pay out £80k insurance claim for my terminally ill husband'
Has a company treated you unfairly? Our consumer champion, Ruth Emery, is here to help. For how to contact Ruth, click here.* After paying life insurance premiums to Aviva for 24 years, which includes terminal illness cover, I was devastated to…
HSBC reviews Singapore insurance unit amid high Hong Kong, mainland China growth
HSBC Holdings' exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts. “It makes sense…
HSBC Starts Strategic Review of Insurance Business in Singapore
HSBC Holdings Plc said it opened a strategic review of its insurance business in Singapore, as part of the group's ongoing simplification globally. The review will cover HSBC Life Singapore and “consider all options” for the insurance…
The dark fleet of insurance risks
69e0c986-e079-49cf-abf5-fe4dc4ecce4c Ships with disabled tracking systems or unclear ownership, are a growing operational risk (File photograph) Global credit rating agency Morningstar DBRS recently observed how geopolitical developments in…
Cruise insurance prices go overboard
Cruise enthusiasts and cruising for higher costs, as a new report shows that insurance add-ons are quietly inflating the final bill. Like getting the room with a view. As Squaremouth reported Friday, cruise trip insurance can swing from…
Navigating insurance changes
ALL RIGHT, WELCOME BACK. JANUARY. REALLY A GOOD TIME TO GET YOUR FINANCES IN ORDER. BUT THE NEW YEAR ALSO OFTEN MEANS CHANGES TO THINGS LIKE YOUR INSURANCE. SO HERE TO TELL US HOW TO NAVIGATE THIS IS STACY GIULIANTE, THE CHIEF LEGAL OFFICER WITH…
Car insurance renewal question
Does anyone work in car insurance and can help me answer this question please? My son is just coming up to the end of his first year of driving so his insurance needs renewing soon. He is a young driver, only just 18, so he needs all the help he…
Hanwha insurers invest combined $67.85 mil. in CHA Biotech
Hanwha Group's two insurance units committed a total of 100 billion won ($67.85 million) to invest in CHA Biotech, part of a strategic investment to find synergy between digital healthcare and insurance. According to CHA Biomedical Group, Friday…
Czech Republic plans insurance backstop for firms entering Ukraine market
The new Czech government is developing a system of state guarantees and insurance for domestic businesses planning to enter the Ukraine market, Komersant reported. First Deputy Prime Minister and Minister of Industry and Trade Karel…
Cat bonds boost Latin America's insurance debt market: Fitch
According to Fitch Ratings, recent catastrophe bond and insurance risk letter issuances in Latin America, particularly in Mexico and Brazil, represent a strategic opportunity to expand and sophisticate the region's insurance debt market, Artemis…
California insurance chief keeps 'chin up' ahead of FAIR Plan, policy reforms
Getting your Trinity Audio player ready... A few weeks after California Insurance Commissioner Ricardo Lara rattled consumer groups with a proposed overhaul to the insurance-rate review process, the embattled state executive ended up at his…
The New Year insurance shock facing 14 million Australians
The price of top private health insurance cover for a family has blown out to almost $17,000 a year as consumers brace for above-inflation premium hikes from April and consumers abandon gold-tier policies in droves. Data collated from the federal…
London insurers face rising legal battles over poaching
London's insurance sector is becoming increasingly litigious as a wave of High Court cases highlights the battle for niche talent, City AM reported. U.S. firm Guy Carpenter & Company LLC launched cases against U.K.-based Willis Re Holdings Ltd.
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