Personal risk insurance refers to a type of coverage designed to protect individuals against financial loss caused by unexpected events…
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Personal insurance is a broad category that helps protect individuals and their families from financial loss due to unexpected events.…
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A recent study by Marsh Advisory reveals that around 40 aviation companies, spanning aerospace and defense, airport services, and passenger…
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Samsung Fire & Marine Insurance reported a 13.7% year-on-year (YoY) increase in net profit for the third quarter of 2024,…
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Global cyber insurance premiums are projected to grow at an annual rate of 15% to 20%, reaching $23 billion by…
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South Korea’s insurance industry is set to experience steady growth, projected to expand from $167.1 billion in 2025 to $191.2…
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Sompo Holdings has unveiled its remarkable financial performance for the first half of 2024. The net income attributable to shareholders…
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The global reinsurance segment is set to experience a positive outlook, as per AM Best, mainly due to a higher…
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Fitch Ratings has stated that the underwriting profitability of Sri Lanka – based HNB Assurance (HNBA) and its non –…
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Singlife has introduced a new life insurance product, the Singlife Whole Life Choice. It’s designed to offer lifelong and customizable…
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Insurance payout refers to the amount of money an insurance company pays to an insured individual or entity in the event of a covered loss or claim. When a policyholder experiences a covered loss, such as damage to property, illness, injury, or death, they may file a claim with their insurance provider. The insurance company then assesses the claim, reviews the policy terms and conditions, and determines the amount of compensation that the insured is entitled to receive.