Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hong Kong's war-risk pool testament to collaboration, insurance leader says
The launch of a marine war-risk pool by Hong Kong insurers is a prime example of how the city's insurers can collaborate not just for the benefit of the local economy but for the entire nation, an industry veteran has said. At the South China…
E-bike injury claims pushing up car insurance costs for motorists
E-bike injury claims have pushed up premiums for motorists, a non-profit has warned, as the cost of damages paid out to those injured surpasses £100 million. The number of claims submitted to the Motor Insurers' Bureau (MIB), the organisation…
Sompo agrees to acquire US workers' compensation insurer
ef5c6586-85b1-427a-be3f-dd02997124b5 Created: Jul 07, 2026 12:04 PM (Updated: Jul 07, 2026 12:04 PM) Acquisition: Sompo International has acquired Service Insurance Companies Bermudian-based Sompo International Holdings Ltd has agreed a deal for…
Term vs. whole life insurance: Which should you choose?
Do you have people in your life who depend on you for their well-being? Maybe a spouse, young children, or elderly parents living under your roof? If so, there's a strong case to be made that life insurance isn't just something that's nice to have…
Insurers face 'significant' claims for war-damaged vessels
The insurance industry is set to face significant claims for container ships, bulk carriers and oil tankers damaged during the Iran war, according to German firm Allianz SE, New Telegraph reports, citing Bloomberg. The vessels impacted by the…
Low volatility stocks like insurers and REITs are suddenly turning into market leaders, Katie Stockton says
Rotation from leaders into laggards is becoming more apparent in the market, and low-volatility stocks are among those that are benefiting. This is a notable shift after a technology-led advance, and it supports the idea that market leadership is…
Driving mistake 'stays on record hitting insurance for rest of life'
Getting your insurance cancelled by the provider is a serious blot on your record, experts said Making one key mistake - especially when young - will tarnish your record and make insurance premiums rise for the rest of your life with ‘no…
Is mortgage protection insurance necessary for homeowners?
If you were to die with a mortgage balance remaining, mortgage protection insurance — also known as mortgage life insurance — would ensure it got paid off. That way, your loved ones could continue to live in your home without worrying…
Holidaymakers issued travel insurance warning over EES queues in Europe
This summer Brits travelling to and from Europe face a major change when crossing the border. Under the EU 's new entry requirements, UK travellers must now comply with the Entry/Exit System (EES). The EES requires third-country nationals…
MAS proposing new corporate structure for insurance
SINGAPORE – Singapore is making a push to deepen its role as a risk management hub for Asia, or the go-to location for companies to mitigate risks and build financial safety nets. The Monetary Authority of Singapore (MAS) is proposing to…
US insurance firm spots gap in UK market for 'Cancel For Any Reason' travel protection
Jul 7, 202606:34 GMT by Phil Davies A ‘Cancel For Any Reason' (CFAR) travel protection service is being introduced for UK travellers from today (Tuesday). The California-based firm behind the concept claims to be introducing an entirely new…
Farmers in Erode urged to enrol under crop insurance scheme for Kharif 2026
District Collector S. Kandasamy has urged farmers in the district to enrol under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif 2026 season to protect themselves against crop losses caused by unforeseen events and ensure income…
My pet insurance didn't fully cover a $6,000 emergency vet bill-why I'm keeping my plan
When I got my dog, Otis, in the fall of 2020, I knew I was taking on an adorable, but serious financial responsibility. I've tried to make smart financial moves to pay for his care over the years, including getting a pet insurance policy when I…
Insurers Find a Loyalty Test in Every Premium Payment
For millions of drivers, paying an auto insurance bill is one of the most common financial transactions they make, yet it is also one of the least appreciated opportunities for insurers to strengthen customer relationships. Claims naturally command…
Driving mistake stays on your record and 'insurers ask every time
Making one critical error – particularly while young – can permanently damage your record and cause insurance premiums to remain elevated for life, with 'no time limit' according to an expert. The problem centres on having a policy…
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