Japan’s insurance industry is on track to exceed $470 billion by 2029, driven by premium hikes in both life and…
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New Climate Insurance Initiative Helps Farmers Combat Extreme Weather Risks
by gongshang24by gongshang24A groundbreaking partnership between IBISA and VisionFund is bringing innovative climate insurance solutions to small-scale farmers worldwide. These new parametric…
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The reinsurance market is expected to see stable and orderly renewals in 2025, according to a new report from Goldman…
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New Insurance Program Offers Hope for Ukraine’s Recovery Amid Ongoing War
by gongshang24by gongshang24The war in Ukraine has left many businesses struggling to rebuild. One major challenge is the high risk of further…
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Property Catastrophe Reinsurance Rates Expected to Stay Flat or Drop Up to 10% in 2024 Renewals, Says TD Cowen Report
by gongshang24by gongshang24A new report from TD Cowen predicts that property catastrophe reinsurance rates will remain steady or even decrease by as…
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U.S. Business Insurance Premiums Surge 6.1% in Third Quarter 2024 as Costs Continue to Climb
by gongshang24by gongshang24A recent report from global advisory firm WTW reveals that commercial insurance rates in the U.S. increased by 6.1% during…
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Texas Windstorm Insurance Agency Approves Major Boost in Reinsurance Spending for 2025
by gongshang24by gongshang24The Texas Windstorm Insurance Agency (TWIA) has decided to increase its reinsurance budget by 22% for 2025. This decision was…
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The Blockchain Deposit Insurance Corporation (BDIC), a cryptocurrency insurance provider, has appointed 3Point0 Labs as its Agency of Record as…
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The head of one of Germany’s major statutory health insurers has warned that residents could face significant increases in health…
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Admiral Group, the FTSE 100 financial services giant and one of the UK’s largest motor insurers, has agreed to sell…
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