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's government pumps $54B into banks, insurers amid slow growth
Sept. 7 (UPI) -- China said Monday it will pump $54 billion in state support into government-owned financial institutions and insurance companies as it seeks to deal with mounting financial stress caused by a slowing economy. The Ministry of…
How weather and seasonal damage claims are assessed by insurers
Insurers often see an increase in claims every year when the monsoon comes or a sudden hailstorm sweeps through the city. However, most of them do not treat these claims the same way as a standard accident claim. That's because the cause of damage…
China insurer capital injections could boost stock investments, analysts say
Beijing's plan to inject capital into big state-owned insurers is expected to ease capital constraints and solvency pressures that have held back insurers from investing more long-term funds into the stock market, analysts said. SCROLL TO CONTINUE…
Hang Seng dips 237 points as insurers, banks weigh, chip stocks extend rally
Hong Kong stocks closed lower on Monday, weighed down by losses in insurers and banks following Beijing's new multibillion-yuan capital injection plan, while chip makers continue to rally. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng…
Why Preventive Health Check-Ups Matter In Family Insurance Plans
Healthcare is no longer limited to seeking treatment after an illness occurs. Increasingly, families are recognising the value of preventive care in maintaining long-term well-being. Regular health assessments can help individuals stay informed…
Natural disasters insurance bill could top $300bn: Swiss Re
Natural hazards in particular – such as gales, droughts and forest fires – are likely to drive up costs further. Swiss Re's experts expect insured natural catastrophe losses to rise by between 5% and 7% annually. Model calculations…
The supply crunch writing off cars early and jacking up insurance premiums
Easily repairable cars are increasingly being written off after minor accidents due to delays in sourcing replacement parts from vehicle manufacturers, Australia's peak mechanics body says, as insurers concede that the barriers to repair are…
Atlantic Insurance sets date to examine 2026 half-year figures
Atlantic Insurance Company Public Ltd has announced that its board of directors will convene later this month to examine the un-audited consolidated financial results for the first half of 2026. The board meeting is scheduled to take place on…
Winona-Rochester Diocese Insurer Pays $30M Abuse Settlement
U.S. Fire Insurance has agreed to pay $30 million to 145 survivors of clergy sexual abuse connected to the Catholic Diocese of Winona-Rochester, ending a years-long standoff that forced three separate juries in Olmsted and Winona counties to decide…
Insurance Claims Lose the Paper Chase as AI Gets to Work
The shift is happening inside the world's largest reinsurers, inside U.S. state insurance regulators, and inside the banks and carriers deploying agentic AI to automate the functions that have historically consumed the most time and introduced the…
Why this major insurance company is issuing cash back payments to millions? Find out if you're eligible
FILE - Cars on Interstate 580 in Oakland, Calif. State Farm Mutual is paying a record $5B cash back dividend to qualifying customers. The payments are for eligible auto customers. The dividend is the largest in the company's history. State Farm is…
EQT bets on long-term trends in insurance broking with McGill; Altor exits Flex IT to Eurazeo's T1A
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ITAT upholds 'clean slate' principle under IBC in IndusInd General Insurance vs IT case
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an over decade of tax disputes against IndusInd General Insurance Company Ltd (formerly Reliance General Insurance Company Ltd) in a ruling that has a significant bearing on…
Rep. Gilbert Ray Cisneros, Jr. Purchases Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) Stock
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD). In a filing disclosed on September 04th, the Representative disclosed that they had bought between…
Black Swan' investor Mark Spitznagel predicts AI boom ends with crash of a lifetime
Mark Spitznagel says the AI boom likely has further to run, but a monumental crash is coming. The founder and chief of Universa Investments, a 'Black Swan' fund that aims to win big from catastrophes, shared his stock-market outlook and reflected…
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