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 Ping An Insurance posts 6.45pc profit rise on life insurance growth
China's Ping An Insurance (2318), opens new tab reported a 6.45 percent year-on-year rise in net profit in 2025, driven by growth in new business value margin and equity investment gains, according to a filing on Thursday. SCROLL TO…
Iran war exposes a weakness in China's vast shipping sector: a lack of insurers
The havoc unleashed on global shipping by the US-Israel war on Iran has underlined China's urgent need to fix its lack of a robust maritime insurance industry, a shipping expert has said. “In the maritime shipping sector, China's industrial…
AFL players to lose insurance coverage for brain injuries
AFL players were told this week that the AFL Players Association super fund would not pay TPD benefits for claims after May 1 relating to brain injuries. Currently, former AFL players can access up to $600,000 lump sums as part of a $54 million…
Eagles trade proposal lands WR as A.J. Brown insurance
Philadelphia Eagles star wide receiver A.J. Brown's future with the team looks uncertain at best, and Philly could alleviate that with a trade before the draft. AtoZ Sports' Adam Holt proposed that the Eagles trade for Green Bay Packers wide…
Bessent Says Insurance Program for Hormuz Ships to Start Soon
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world's oil and gas supplies. Bessent's predictions, delivered…
US Insurance Program to Support Hormuz Shipping to Begin Soon - TT
(Rafiq Maqbool/Associated Press, File) Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world's oil and gas…
How an Insurance Quote Comparison Tool Can Boost Revenue for Insurance Brokers?
In today's highly competitive insurance market, Brokers must balance efficiency, accuracy, and strong client relationships to drive growth. Modern clients expect quick quotes, clear quote explanations, and personalized recommendations. However…
A toddler needed a life-saving flight, and the insurer said no. Then Mark Cuban called
After a major insurance company denied coverage for a medical flight that could save her daughter's life, Alexandria McMahon took the story to social media and caught the attention of billionaire Mark Cuban. Stella McMahon was diagnosed with T-cell…
Major NYC hospital accused of using 'market power' to force higher insurance costs: feds
The NewYork-Presbyterian Hospital system is allegedly using its heavyweight status among city healthcare providers to force insurers to accept “substantially higher prices” — blocking New Yorkers from affordable health…
Commentary: Home insurance crisis could use a public assist
At a moment when America's home insurance crisis has become bad enough to turn conservatives into socialists, a possible solution may just involve — you guessed it — big government. And contra Ronald Reagan, in this case there's…
Russian insurers' aggregate profits up nearly 10%
Russia's insurance market recorded a 2025 net profit of 502.3 billion Russian rubles ($6.2 billion), an increase of 8.5% year on year, according to the region's Central Bank, Xprimm reported. The market expanded 7% to RUB4 trillion, a slower pace…
Lagos secures flood insurance for 4 million at-risk Nigerians
The coastal mega-city of Lagos and its estimated more than 22 million inhabitants are among those facing the brunt of climate change in coastal west Africa, where oceans are rising, rainfall is becoming erratic and urban populations are booming. In…
Collin County roundtable highlights growing concerns over rising insurance costs in Texas
COLLIN COUNTY, Texas — Leaders, industry experts, and residents gathered in Collin County to address what one North Texas lawmaker is calling an “insurance crisis,” as homeowners across the region face sharply rising premiums…
Treasury Secretary Bessent says US insurance programme for Hormuz ships to start soon
WASHINGTON – US Treasury Secretary Scott Bessent said a US insurance programme meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world's oil and gas supplies. Mr Bessent's…
Senate Democrats Offer Plan to Increase Insurance Coverage, Ease Healthcare Red Tape
A dozen Senate Democrats released a plan aimed at getting more Americans health insurance coverage and making insurance plans easier to navigate. 'America's for-profit health insurance system is fundamentally broken,' the senators said last…
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