Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Eyes Back On UnitedHealth As First Health Insurer To Report Earnings
All eyes are on UnitedHealth Group for signs the company – and health insurance industry as a whole – is getting a handle on rising costs that have dogged the nation's giant health insurers for the last two years. In this photo is a…
Terminally ill patients denied life insurance payouts
Is your life insurance policy affected? Email Terminally ill patients are being denied life insurance payouts before they die because of small print in old policies. A terminal illness claim typically allows the policyholder access to an early…
How Liberty Mutual Insurance Is Using Data And AI To Deliver Value To Its Customers And Employees
How are data and AI being used to deliver value to customers and employees in the insurance industry? This is among the questions that I recently posed to Monica Caldas, Global Chief Information Officer (CIO) of Liberty Mutual Insurance. Founded in…
DWP planning new 'unemployment insurance' benefit
The new benefit is intended to 'simplify' the contributory benefits system A new benefit, initially proposed in Labour's welfare reforms last year and tentatively named Unemployment Insurance, has been given a bit more detail by the Department for…
Taiwan Dollar at Risk of Insurers Reducing $95 Billion of Hedges
The Taiwanese dollar is expected to lose a crucial source of support as new accounting rules allow insurers to unwind foreign-exchange hedges on as much as NT$3 trillion ($95 billion) of overseas assets. The country's life insurers hold about $700…
Insurance cover in 2025
Year 2025 was remarkable for insurance with some great regulatory milestones, including the zero GST reform and for Indians as they started seeing insurance as a foundational decision for financial planning rather than borne out of need to save…
Moody's projects 7.3% economic growth for FY26, to fuel insurance demand
Mumbai: Global rating agency Moody's on Monday projected India's economy to grow at 7.3 per cent in FY 2025–26 (year ending March 2026), up from 6.5 per cent in the previous year. The agency said the expected expansion would raise average…
Fewer New Yorkers sign up for private ACA health insurance as costs rise
Fewer New Yorkers are enrolling in private health plans through the state's Affordable Care Act marketplace so far this year as insurance premiums go up, early state data shows. As of early January, 206,427 New Yorkers had signed up for private…
Oregon bill would require home insurers to consider wildfire prevention efforts
Oregon homeowners who take steps to protect their homes from wildfire could pay less for property insurance under a southern Oregon state senator's proposal to require insurers to consider fire prevention efforts when setting rates. Sen. Jeff…
NITF and CECB Sign MoU to Implement AGRAHARA Medical Insurance for CECB Staff
The National Insurance Trust Fund (NITF) and the Central Engineering Consultancy Bureau (CECB) have formalized a significant partnership aimed at strengthening employee welfare, with the signing of a Memorandum of Understanding (MoU) to provide the…
FDI's 100% attraction for insurers
Allianz sold 23 per cent of its 26 per cent stake in two joint ventures in India — Bajaj General Insurance and Bajaj Life Insurance — to the promoter Bajaj Group, ending a near 25-year partnership with one of India's biggest…
Huge Insider Buying Now at This Insurance Giant and 2 Biotechs
In the past week, a beneficial owner has continued to build a stake in insurance giant W.R. Berkley Corp. (NYSE: WRB). And public offerings of shares of biotech firms Alumis Inc. (NASDAQ: ALMS) and Aktis Oncology Inc. (NASDAQ: AKTS) also brought…
The Streamline: San Diego marks MLK Jr. Day; what to know about pet insurance
Today, San Diego honors the life and legacy of civil rights icon Martin Luther King Jr. with several celebrations around the county. In breaking news from overnight, homicide detectives were called San Diego's Grant Hill neighborhood after two…
National genetic testing programme results can't be used for insurance underwriting: Ong Ye Kung
SINGAPORE – Safeguards and upcoming new laws in Singapore will ensure that genetic information from patients will not be available to their medical insurance company, the Ministry of Health (MOH) has said. Providing this assurance at the…
IFSCA working on Special Purpose Insurance framework at Gift IFSC: K Rajaraman
The International Financial Services Centres Authority (IFSCA) in Gift City is developing a Special Purpose Insurance framework (SICA) to enable insurers and reinsurers to underwrite cyber and wildfire risks previously considered unsuitable for…
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