News

Red Cross’ First Multi – Disaster Insurance Payout in 2024: In 2024, the world witnessed an onslaught of floods and…

Moody’s Estimates €3.5B Insurance Loss from Spanish Floods: Moody’s estimates that the floods that ravaged Spain’s Valencia region last month…

In Australia, a surge in claims has caused an average home insurance premium to jump by at least 14%, marking…

China’s remarkable assets growth in the insurance sector last year has caught the attention of international players. China has greenlighted…

Rising natural disasters, inflation – driven claims, and tightened regulation have hiked underwriting expenses of Australia’s general insurers by around…

On Tuesday, India’s Bajaj Finserv announced that Germany’s Allianz SE is thinking about pulling out of their life and general…

Insurance companies with operations in multiple Asian markets face significant hurdles, especially regulatory changes, reporting demands, and subsidiary management. These…

Zurich Insurance Group has witnessed growth in various segments. In 2024’s first nine months (9M 2024), its Property & Casualty…

Marsh McLennan’s Q3 2024 net income grew 2.3% YoY to $747 million, and 9M 2024 net income climbed 9% YoY…

Generative AI to Bring Big Benefits in P&C Claims Handling: Generative artificial intelligence (AI) could deliver over $100 billion in…