Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Neglect an expensive error when it comes to insurance
There's nothing like a big number to frighten consumers, especially when it comes to them being left out of pocket at a time of crisis. Insurer Outsurance this week estimated that many homeowners could be undervaluing the cost of rebuilding or…
Tesla boom raises concerns over Korean auto insurers' loss ratios
The growing popularity of imported electric vehicles (EVs) such as Tesla's Model Y in Korea is raising concerns among non-life insurers that high repair costs could push up auto insurance loss ratios, industry officials said Sunday. Figures from…
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman Ghosh
Bandhan Financial Services, part of Bandhan Group, will explore opportunities in the health insurance sector once the recent acquisitions of a mutual fund company and life insurance companies stabilise, its chairman Chandra Sekhar Ghosh said. The…
5 jailed for renting luxury cars, faking crashes to claim insurance payouts in Dubai
Five individuals were jailed by a Dubai court for renting luxury cars, altering their documents and subletting them before staging crashes to try and secure insurance payouts. The Dubai Criminal Court also fined the defendants and ordered them to…
Fidelis Insurance (NYSE:PLGO) Stock Gets Downgrade from Wall Street Zen
Fidelis Insurance (NYSE:PLGO - Get Free Report) was downgraded by Wall Street Zen from a 'buy' rating to a 'hold' rating in a research note issued to investors on Sunday, Wall Street Zen reports. PLGO has been the subject of a number of other…
The Hartford Insurance Group, Inc. $HIG Shares Sold by Curated Wealth Partners LLC
Curated Wealth Partners LLC lowered its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 92.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange…
Skyward Specialty Insurance Group (NASDAQ:SKWD) Raised to Buy at Wall Street Zen
Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) was upgraded by analysts at Wall Street Zen from a 'hold' rating to a 'buy' rating in a report issued on Sunday, Wall Street Zen reports. Several other research analysts also…
Twenty Hours a Week at an Amazon Warehouse for Health Insurance at 60? Here Is the Math a Retired Paralegal Will Run
Let's assume a legal assistant is laid off from a law firm at 60. Before being laid off, she had $350,000 saved and five years until Medicare. Health insurance is now her biggest open question, and a part-time shift at Amazon (NASDAQ:AMZN | AMZN…
Hamilton Insurance Group, Ltd. (NYSE:HG) Stock Has Consensus Target Price of $36.00
Hamilton Insurance Group, Ltd. (NYSE:HG - Get Free Report) has earned an average recommendation of 'Moderate Buy' from the nine analysts that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating…
NVIDIA Corporation $NVDA Shares Acquired by Nan Shan Life Insurance Co. Ltd.
Nan Shan Life Insurance Co. Ltd. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 26.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned…
204,857 The Hartford Insurance Group, Inc. $HIG Shares Bought by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. lifted its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 222.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange…
Here are the 3 big things we're watching in the stock market this week
The market has been hard to please so far this earnings season. The week ahead will bring plenty of chances to flip the script. Netflix, Tesla and Club names Meta Platforms and Capital One are among the companies set to report quarterly results in…
Why hedge funds could be making a bond market shock more likely
Bank of England deputy governor Sarah Breeden said hedge funds' growing presence in bond markets heightens the risk of financial shocks spreading across markets. The IMF this week warned that hedge funds' use of leverage and crowded trading…
Bill Madden: A small-market World Series is best thing to happen to baseball
This will probably not sit particularly well with Rob Manfred's new age analytics aficionados, let alone the army of management proponents for a salary cap, but a small market World Series — minus the Dodgers and all their gluttony and the…
Rare Van Gogh exhibition underscores HK's global art hub ambitions
A Vincent van Gogh painting that has been out of the public eye for over 60 years was exhibited in Hong Kong, ahead of a Sotheby's auction in New York where it is expected to fetch about $180 million. SCROLL TO CONTINUE WITH CONTENT The artwork…
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