Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
More companies seeking cyber insurance following high-profile data breaches
More companies in Japan have been taking out cybersecurity insurance policies in the wake of several high-profile data breaches, including last week's attack on GMO Internet Group, with such cases highlighting just how big a financial risk such…
Record domestic subsidence claims received after summer heatwaves - insurers
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. A record 13,000 new domestic subsidence claims were…
HK Insurance Authority plans new rules for asset-intensive reinsurance: Bloomberg
The Hong Kong Insurance Authority is set to introduce new rules governing asset-intensive reinsurance, aiming to give clear guidance to firms in one of the market's fastest-growing niches, Bloomberg reported on Monday, citing people familiar with…
OPD Insurance: What Buyers Must Check
Buyers need to assess whether an OPD policy offers them enough usable benefits to justify the additional premium. Around 67 per cent of India's healthcare spending goes towards outpatient department (OPD) expenses, but only a single-digit share of…
Insurance unaffordable for flooded homes almost two years on from disaster
Home owners are struggling to obtain or afford insurance in north Queensland which is still recovering from devastating floods in early 2025. Policy holders in the town of Ingham say their insurance was not renewed after the event or had…
Stikeman Elliott scoops insurance expert for Toronto office
Formerly head of his previous firm's national insurance and reinsurance group, the new joiner advises both domestic and global businesses on operating within the Canadian insurance sector. Canadian law firm Stikeman Elliott has welcomed Hartley…
The Home Insurance Move That Could Save You $440 a Year
When you're planning a move, every monthly cost counts. That's why it can be frustrating to see home insurance keep creeping up. According to Intercontinental Exchange, it now makes up 9.6% of the average monthly mortgage payment. But the latest…
Pixel Care Vs. Carrier Insurance: Which Is Better For Your Google Pixel?
If insuring your cellphone against accidental damage, loss, and theft is a cost you can afford and justify, you should know that your wireless carrier isn't the only game in town. Just like how you can get AppleCare+ for an iPhone and Samsung Care+…
Hong Kong plans rules for insurers' hot new growth market
HONG KONG – Hong Kong is considering new rules for so-called asset-intensive reinsurance, offering clarity to firms in one of the hottest segments of the insurance market, according to people familiar with the matter. The Hong Kong Insurance…
UK tourists risk huge bills abroad after making simple travel insurance error
Brits heading abroad are being warned they could be slapped with eye-watering medical bills thanks to a simple insurance blunder. A new study reveals millions of holidaymakers have no clue that keeping quiet about their health can leave them…
MAS sets aside $30m to help insurers build expertise in funding major projects
SINGAPORE – The Monetary Authority of Singapore (MAS) will set aside $30 million to help insurers build expertise in investing in major projects such as power grids and data centres. The central bank is also proposing changes to the capital…
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Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY) Sees Significant Drop in Short Interest
Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY - Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 199,227 shares, a drop of 40.2% from the September 30th total…
At 67 He'll Move $400,000 From His Bank to a Brokerage for a Better Yield. The Insurance There Isn't the FDIC, and It Protects Against Something Different
Dow Jones51,795.00−1.10% Nasdaq 10028,409.60−2.33% Russell 20002,814.05−1.61% Dow Jones51,795.00−1.10% Nasdaq 10028,409.60−2.33% Russell 20002,814.05−1.61% Dow Jones51,795.00−1.10% Nasdaq…
Big Tech promised to lead on climate. Now it's driving a fossil fuel boom.
Not too long ago, Amazon founder Jeff Bezos was pledging to use his company's size and scale to galvanize corporate America to confront global warming. If Amazon “can meet the Paris agreement 10 years early, then any company can,”…
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Winning customer trust: The challenge of invisible embedded finance
As financial products become part of everyday transactions, brands are finding new ways to reach consumers. But while embedded finance may simplify customer acquisition, building brand recall and lasting relationships remains a bigger challenge.
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