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 Americans Are Losing Health Insurance-And Everyone Will Pay
Dr. Elaine Batchlor, CEO of MLK Community Hospital in Los Angeles, already knows what will happen if her hospital closes. All she has to do is remember King Drew, a similar safety net hospital that provided care to a large share of low-income…
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…
Hang Seng slips 95 points as tech, insurers weigh, mining and oil stocks rally
Hong Kong stocks closed lower on Tuesday, dragged down by steep losses in tech heavyweights and continued pressure on insurers and banks following Beijing's multibillion-yuan capital injection plan, though gains in mining and oil majors cushioned…
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…
Freshfields advises on $2bn (re)insurance broker sale
Warbus Pincus to sell its majority stake in (re)insurance broker McGill and Partners under Freshfields' guidance. Global law firm Freshfields has advised specialty (re)insurance broker McGill and Partners and its majority shareholder Warburg Pincus…
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…
Nigeria's biggest insurance firm, NICON loses licence - The Ghanaian Chronicle
Nigeria's biggest insurance company, National Insurance Corporation of Nigeria, NICON, has finally lost its operational licence and has been taken over by a Receiver Manager. The operational licence of NICON – owned by the Federal Government…
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…
Income Insurance axes sale of platform to Embed after firm allegedly failed to pay CPF
SINGAPORE - Income Insurance has terminated the proposed sale of Hive, its digital insurance platform, to Singapore-headquartered fintech firm Embed Financial Group Holdings (EFGH). The decision came after EFGH was taken to court for allegedly…
Altaline Capital completes growth investment in insurance consultancy RRC
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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…
The Housing Market Changed, But Affordability Benchmarks Didn't
Nathan Miller, founder and CEO of Rentec Direct, industry-leading property management software for real estate professionals. Every industry has its own rules of thumb—shortcuts and benchmarks that help people make complex decisions.
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…
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…
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