Insurance Industry News

A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

scmp.com - Morning Studio editors - Hong Kong insurance industry veteran sees exercise as a smart investment
Hong Kong insurance industry veteran sees exercise as a smart investment
South China Morning Post

Nobody has a crystal ball to see the future, but we can observe what is in front of us, combine it with experience and make an educated guess. That is what Wilton Kee, the newly appointed CEO of Manulife Hong Kong and Macau, has been professionally…

washingtonexaminer.com - Eric Ventimiglia - Why an obscure nonprofit organization is jacking up your insurance bills
Why an obscure nonprofit organization is jacking up your insurance bills
Washington Examiner

One example of this is the NAIC's new stringent capital rules. They apply to insurers that invest in certain bonds and private credit investments. The rules force insurers to hold more cash in reserve. If that money is sitting in cash, it's not…

fortune.com - Joseph Hostetler - What is gap insurance, and when is it worth buying?
What is gap insurance, and when is it worth buying?
Fortune

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theguardian.com - Luca Ittimani - Car owners should challenge insurers on steep price hikes and 'call their bluff', Asic says
Car owners should challenge insurers on steep price hikes and 'call their bluff', Asic says
The Guardian

Car owners should challenge motor insurers over steep premium hikes, the corporate regulator advises, after finding many companies were raising prices faster than inflation. In a report released on Tuesday, the Australian Securities and Investments…

abc.net.au - Kate Ainsworth - Loyalty doesn't pay': Car insurers asked to explain soaring premiums
Loyalty doesn't pay': Car insurers asked to explain soaring premiums
Australian Broadcasting Corporation

ASIC says car insurance companies are on notice after a review found premiums soared far beyond inflation in the last year. The corporate watchdog also found five insurers that sold policies under eight brands are not explaining why premiums rise.

indianexpress.com - George Mathew - Standalone health insurers gain market share as general insurers lose ground
Standalone health insurers gain market share as general insurers lose ground
The Indian Express

4 min read Mumbai Make us preferred source on Google Standalone health insurers are steadily gaining ground in India's non-life insurance market, with their share of premium income rising sharply in the first four months ended July of FY27 even as…

businessinsurance.com - Hormuz fee plan faces insurance restrictions
Hormuz fee plan faces insurance restrictions
Business Insurance

A proposed Iran-Oman agreement giving Tehran greater control over ships entering the Gulf through the Strait of Hormuz and imposing transit fees is unlikely to succeed because of U.S. sanctions and insurance restrictions, according to industry…

businessinsurance.com - Iran conflict looms large in specialty insurers' quarterly reports
Iran conflict looms large in specialty insurers' quarterly reports
Business Insurance

The Iran war was widely mentioned in second-quarter earnings reports for insurers with large specialty portfolios, with several reporting increased catastrophe losses for the period, in contrast with results from other commercial insurers who saw…

rediff.com - Aathira Varier - Gujarat Floods: Insurers Expect Rs 5,000 Crore Property Claims, No Premium Hike
Gujarat Floods: Insurers Expect Rs 5,000 Crore Property Claims, No Premium Hike
Rediff.com

Insurers are bracing for an estimated Rs 5,000 crore in claims from the devastating Gujarat floods, predominantly for property damage, yet the highly competitive market is unlikely to see a hike in premiums. Insurers anticipate claims totalling…

heraldscotland.com - Ben Stark - Life insurance and income protection: What millennials need to know
Life insurance and income protection: What millennials need to know
The Herald

For many people in their 30s and early 40s, life can feel like a constant balancing act – managing a mortgage, building a career, raising a family and trying to keep up with day to day costs. With so much focus on the here and now, thinking…

thehindu.com - The Hindu Bureau - Life insurers' new business premium rose 20% in July to ₹47,000 crore
Life insurers' new business premium rose 20% in July to ₹47,000 crore
The Hindu

Life insurers in India mobilised ₹47,004.84 crore new business premium in July that in comparison to ₹38,958.05 crore in the year earlier period was 20% higher but only a tad better than ₹46,490.53 crore in June. State-owned…

thehindubusinessline.com - Cancer and the insurance gap
Cancer and the insurance gap
BusinessLine

When Kanchan Pande (64) was diagnosed with breast cancer, her family believed their health insurance policy would cushion the financial blow. Instead, they found themselves paying nearly three-fourth of the treatment cost. Kanchan said the…

housingwire.com - HousingWire Automation - ENRG Realty offers health insurance for agents nationwide
ENRG Realty offers health insurance for agents nationwide
HousingWire

ENRG Realty is offering its real estate agents access to medical, dental and vision insurance plans nationwide with no waiting periods or annual enrollment windows, the virtual boutique brokerage announced on Monday. The coverage is positioned as…

usmagazine.com - Danielle Campoamor - Rep. Alexandria Ocasio-Cortez Says Her Insurance Won't Cover Egg Freezing, Reveals Cost of Procedure
Rep. Alexandria Ocasio-Cortez Says Her Insurance Won't Cover Egg Freezing, Reveals Cost of Procedure
Us Weekly

Rep. Alexandria Ocasio-Cortez is breaking down the costs associated with freezing her eggs after revealing she's taking control of her reproductive future. “Cutting straight to the chase, this was one of the things that was most stressful…

thehill.com - Harlan Ullman, opinion contributor - Cars, nukes and cellphones can help us predict the future of AI
Cars, nukes and cellphones can help us predict the future of AI
The Hill

What is the future of artificial intelligence? Movies can provide a first cut, but historical context with other tectonic inventions and events can help determine if AI will prove to be a force for good, ill or in-between. With AI models by…

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