Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Global growth of EVs faces hurdles in insurance, charging gaps, says BNP Paribas
The global energy crisis may be pushing the balance towards pure electric cars amid worries about surging petrol bills, but BNP Paribas is cooling down expectations as a lack of charging infrastructure and high insurance costs remain major…
What is credit insurance and do you need it?
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
Few Foreign Ships Seen in Hormuz Amid Reports of Iran's Insurance Plan
The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by Iranian-linked vessels. There were few notable foreign-affiliated movements amid reports of Iran's Bitcoin-backed…
Hero British soldiers slapped with huge insurance hikes for serving abroad
British soldiers deployed overseas have been hit by huge hikes on their insurance because of time spent away from home, the Mirror can reveal. Rules common among big insurers mean that anyone who spends more than 30-60 consecutive days away each…
Prudential strikes 35 billion rupee cash deal to buy 75 percent of India's Bharti Life Insurance
Prudential (2378) announced on Sunday that it has agreed to acquire a 75 percent stake in Bharti Life Insurance Company as part of a strategic repositioning of its India operations. SCROLL TO CONTINUE WITH CONTENT The transaction is for an initial…
Iran plans to offer insurance for Hormuz transit: Will it work?
Iran has moved a step further in its attempts to formalise its effective control over the Strait of Hormuz after the country's top security organ announced the formation of a new body to manage the key passage. The country's Supreme National…
Why your insurance bill is exploding - and the new push to make oil companies pay
Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects. In three states…
Prudential's Strategic Move: Acquires 75% Stake in Bharti Life Insurance, Divests ICICI Pru Life Holding
Global insurance giant Prudential plc is set to significantly expand its footprint in the lucrative Indian market by acquiring a 75 per cent controlling stake in Bharti Life Insurance for ₹3,500 crore, while simultaneously divesting its…
How changing health insurance company can be a nightmare
A man wants to switch health insurers and suddenly receives premium invoices from two insurers. Problems with switching are more common than you might think - and can have unpleasant consequences. A man wants to switch health insurers, but instead…
Hospital Prices Have Risen Much Faster for Private Insurance Than Medicare Since 2019
Health care costs are a top concern for the public, and there is widespread interest among lawmakers in making health care more affordable. Attention has increasingly focused on hospitals, which represent nearly one third of total health care…
Iran Pushes $10B Bitcoin Insurance Plan for Strait of Hormuz: Report
The Iranian Revolutionary Guard Corps has reportedly promoted Hormuz Safe, a Bitcoin-settled maritime insurance platform for cargo crossing the Strait of Hormuz, under a broader model Iran's Economy Ministry has explored for the strategic oil…
Not Ford nor Nissan - 4 car brands UK drivers may struggle to get insurance for
Motorists have been put on alert that securing insurance for certain vehicles is proving increasingly difficult, particularly for those looking to cover Chinese electric vehicles (EVs) such as the Jaecoo. Four Chinese brands - BYD, XPeng, Skywell…
Iran Launches Bitcoin-Backed Insurance Service 'Hormuz Safe' For Hormuz Strait Shipping
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced…
Prudential plc, to acquire 75% stake in Bharti Life Insurance for ₹3,500 crore
Prudential plc, an insurer and asset manager in Asia and Africa, on Sunday (May 17, 2026) announced that it has agreed to acquire a 75% stake in Bharti Life Insurance Company Ltd, an Indian life insurer, from Bharti Life Ventures Pvt Ltd and 360…
Genikes Insurance secures dual honours at global awards
Genikes Insurance on Monday announced that it was named Best General Insurance Company in Cyprus at the Global Banking and Finance Awards 2026, while also securing the title of Best Insurance Website Cyprus for the same year. The company said the…
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