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Published on 02:59 GMT

China Taiping Insurance sees robust capitalisation with TPG financial support

It is anticipated that CTPIS will build its life insurance segment over the medium term. China Taiping Insurance (Singapore) (CTPIS) is seen to maintain a robust risk-adjusted capitalisation, bolstered by China Taiping Insurance Group’s (TPG) financial …

Source: Insurance Asia - Neutral
Published on 02:00 GMT

K-pop craze may spur demand for Income Insurance’s hourly travel cover

The Singaporean insurer is targeting spontaneous travellers who love concerts. Income Insurance is banking on Millennials and Gen Zs crazy about K-pop to drive the demand for its hourly travel insurance plan, which has been expanded to over a dozen more …

Source: The Asian Business Review - Neutral
Published on 01:17 GMT

How to Submit a Claim to Insurance: A Guide for Homeowners

Here is a fun fact to start things off: 65.9 percent of American homes are owned by their occupants. If you are one of these homeowners, you already know that life can throw unexpected surprises your way. From a burst pipe in the basement to a tree …

Source: Finance Monthly - Neutral
Published on 02:43 GMT

India: Health insurance premiums expected to grow to US$23.7bn by FY2028

Total health GDPI is expected to reach up to INR2.0tn ($23.7bn) by the financial year ending 31 March 2028 (FY2028), according to Bupa Niva Health Insurance in its draft red herring prospectus as the insurer launches an initial public offer. The forecast …

Source: Asia Insurance Review - Neutral
Published on Nov 6, 2024

Rival insurers shake off hit from US hurricanes

The devastation caused by recent hurricanes and storms in the United States, Canada and Europe is expected to inflict losses of as much as $315 million on two leading players in the Lloyd’s of London insurance market. Beazley said on Wednesday that its …

Source: The Times - Center-right
Published on Nov 6, 2024

Trump 2.0: How a potential 15% corporate tax and trade policies could reshape the re/insurance sector

With Donald Trump’s imminent return to the White House, re/insurers are now reconsidering the policies that shaped his first presidency and preparing for the potential impacts on the sector. Trump’s “America First” agenda is expected to re-emerge in …

Source: Reinsurance News - Neutral
Published on 02:43 GMT

China: Regulator gives green light to Xiaomi Group to form new insurer with French insurer and Volkswagen

Beijing BNP Paribas Tianxing Property and Casualty Insurance Co has received approval from the National Financial Regulatory Administration (NFRA) for its establishment. NAFR released a statement on 5 November disclosing that the approval had been granted …

Source: Asia Insurance Review - Neutral
Published on 02:43 GMT

South Korea: KB Insurance's long-term line profitability to continue to be supported by CSM balance

KB Insurance Co (KBI), South Korea's fourth biggest non-life insurer, maintains an adequate operating performance as adequate, with its return-on-equity and combined ratios being largely in line with its domestic industry average, according to an …

Source: Asia Insurance Review - Neutral
Published on Nov 6, 2024

Medicare Advantage Costs Surge: How These 2 Insurers Are Thriving

Health insurers have been getting a lot of heat surrounding the rising costs of Medicare Advantage (MA) plans. Companies like CVS Health Corp (NYSE:CVS) have seen their medical benefits ratio (MBR) continue to rise, forecasting 90.8%, driven by the rising …

Source: Investing - Neutral
Published on 02:43 GMT

Australia: McKinsey & Co outlines the productivity imperative for general insurance

In the face of challenges, Australian insurers can look to global peers for inspiration in raising their own productivity, according to an article published by the global consulting firm, McKinsey & Company. Australia’s general insurers have been …

Source: Asia Insurance Review - Neutral
Published on 02:26 GMT

Kuderer wins Washington insurance commissioner race

State Sen. Patty Kuderer of Bellevue, a Democrat, is poised to be Washington’s next insurance commissioner, in charge of regulating the car, health and home insurance industries and advocating for consumers. As of Wednesday, Kuderer held a nearly 15-point …

Source: Washington State Standard - Label Pending
Published on 02:43 GMT

Japan: T&D Insurance Group boosts capital base

T&D Insurance Group is strengthening its capital base by expanding underwriting profits and reducing exposure to market risk, says S&P Global Ratings (S&P) in a new report. The Group's domestic life insurance subsidiaries are generating …

Source: Asia Insurance Review - Neutral
Published on Nov 6, 2024

What Trump’s victory means for Canada’s insurance sector

Following his U.S. presidential election win on Nov. 5, Donald Trump’s return to the White House will have a broad-sweeping impact on Canada’s trade, economics, and, inevitably, insurance, industry sources tell Canadian Underwriter. Sources suggest a …

Source: Canadian Underwriter - Label Pending
Published on Nov 6, 2024

One Million+ Patients Lose Coverage as Insurers, Hospitals Drop Medicare Advantage

Libby and Andrew Potter usually ignore the avalanche of Medicare Advantage ads that land in the mailbox at their home in Huntsville, Alabama, each fall as Medicare’s open enrollment period begins. Libby, a retired middle school librarian, has what she …

Source: Cancer Health - Label Pending
Published on Nov 6, 2024

Insurance Hub prioritises client-centered solutions and youth financial security

The Insurance Hub, organised by Equity Health Insurance, returned for its second edition with a sharp focus on empowering clients and fostering financial literacy among Ghana's youth. The event, held on October 30, at Wesley Towers, Methodist Ghana …

Source: Joy FM - Label Pending
Published on 00:06 GMT

Healthcare Insurers Take Note: New Federal Whistleblower Program is Coming for You

New Corporate Whistleblower Awards Pilot Program incentivizes the reporting of corporate misconduct with the whistleblower possibly receiving upwards of $30 million Healthcare insurance fraud schemes are one of the focuses of the program The program …

Source: JD Supra - Label Pending
Published on Nov 6, 2024

Singaporean grads cite limited development and lack of info as top insurance deterrents

More than one-quarter of recent university graduates in Singapore do not see insurance as an attractive career option, with top factors including limited career growth opportunities and lack of information about the industry, new research by Canopius has …

Source: The Insurer - Label Pending
Published on Nov 6, 2024

Gov't losses, digital solution for insurance compliance

Gov't losses, digital solution for insurance compliance The Office of the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, reported that between 2009 and 2013, the government lost UGX 60.3 billion in VAT and UGX 35 billion in stamp …

Source: NTV Uganda - Neutral
Published on Nov 6, 2024

Elevance latest insurer to sue over Medicare Advantage star ratings

Photo: Hinterhaus Productions/Getty Images Elevance Health is the latest insurer to sue the Department of Health and Human Services over Medicare Advantage star ratings. Elevance, with affiliates Community Insurance Company in Ohio and Wellpoint in …

Source: Healthcarecare Finance - Label Pending

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Published on November 7, 2024 - 00:07 GMT

APRA consults on adjustments to its general insurance reinsurance framework

The Australian Prudential Regulation Authority (APRA) is consulting on targeted adjustments to its general insurance (GI) reinsurance framework. In response to reinsurance market developments and industry feedback, APRA is seeking to promote access to all …

Distribution channels: Banking, Finance & Investment Industry
Published on November 6, 2024 - 13:00 GMT

4.5 STAR-Rated SCAN Health Plan Named to U.S. News Best Insurance Companies for Medicare Advantage in California and ...

LONG BEACH, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- SCAN Health Plan, one of the nation’s largest not-for-profit Medicare Advantage plans, was named to U.S. News & World Report’s 2025 list of the Best Medicare Advantage …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...

Published on November 6, 2024 - 11:00 GMT

MIC Global partners with VOOM Insurance to Reinsure Rideshare Business

This new strategic collaboration aims to revolutionize how rideshare drivers in the USA access personal insurance, through affordable, usage-based coverage. NEW YORK, NY, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- MIC Global (MIC), a …

Distribution channels: Automotive Industry, Companies ...
Published on November 6, 2024 - 21:05 GMT

American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2024

Company to Host Quarterly Conference Call at 5:00 P.M. ET on November 6, 2024 and Announces their 2024 Virtual Investor Day at 11:00 A.M. ET on December 4, 2024 The information in this press release should be read in conjunction with an earnings …

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Published on November 6, 2024 - 07:47 GMT

Fire Insurance Market Set to Surpass USD 120.49 Billion with Robust 11.9% CAGR by 2028

Fire Insurance Market Set to Surpass USD 120.49 Billion with Robust 11.9% CAGR by 2028 NEW CASTLE, DE, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Fire insurance providers have an immense potential to expand products and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 07:46 GMT

Key Drivers in Event Insurance Market Propel Growth to USD 2.3 Billion by 2032 | Projected CAGR of 12.7%

Key Drivers in Event Insurance Market Propel Growth to USD 2.3 Billion by 2032 | Projected CAGR of 12.7% NEW CASTLE, DE, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Event …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 18:00 GMT

Celent Names RegEd a ‘Functional Standout’ in Report on Distribution and Compensation Management Systems in Insurance

Raleigh, NC, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Celent has named RegEd, and its Enterprise Xchange Producer Management solution, as a “Functional Standout” in the research and advisory firm’s report, Insurance Distribution Management Systems: North American …

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Published on November 6, 2024 - 16:15 GMT

FOCUS Recognized in PC360’s 2024 Insurance Luminary List

SUNRISE, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- FOCUS, a provider of cloud-based, core administration solutions and services that are taking the risk out of insurtech for property and casualty (P&C) insurers and managing general agencies (MGAs), is …

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Published on November 7, 2024 - 02:00 GMT

VisionTech Partners with KTCj to Expand Innovative Technology Solutions in Malaysia

KUALA LUMPUR, MALAYSIA, November 7, 2024 /⁨EINPresswire.com⁩/ -- VisionTech Pte Ltd (VisionTech), a Generative AI company focused on developing solutions for governments, Enterprises and SMEs today announced a strategic partnership with KTCj …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 00:16 GMT

Your Guide to NYC Real Estate: Property Records of New York Offers Online Property Profile Reports

NEW YORK CITY, NY, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Property Records of New York is revolutionizing the property research landscape for New Yorkers by offering detailed property profile reports, also known as property history …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on November 7, 2024 - 00:00 GMT

VisionTech Parners with KTCj Solutions to Expand Innovative Technology Solutions in Malaysia

KUALA LUMPUR, MALAYSIA, November 7, 2024 /⁨EINPresswire.com⁩/ -- VisionTech Pte Ltd (VisionTech), a Generative AI company focused on developing solutions for governments, Enterprises and SMEs today announced a strategic partnership with KTCj …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 20:24 GMT

Balfour Capital Group Launches New Derivatives Trading Division in Partnership with Boos Investments Sarl

Expanding Global Footprint in Futures and Options to Serve Diverse Institutional Needs HONG KONG, November 6, 2024 /⁨EINPresswire.com⁩/ -- Balfour Capital Group, in collaboration with Boos Investments Sarl, is thrilled to announce the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 17:00 GMT

Tom Sawyer Software Announces Release of Explorations 1.1

New Features Enhance the Data Investigation Workflow BERKELEY, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Tom Sawyer Software, the leader in graph and data visualization and analysis technology, announces the release of Tom Sawyer …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on November 6, 2024 - 15:00 GMT

Payroll Vault Expands In Phoenix Suburb

Payroll/HR Entrepreneur Purchases Franchise in Goodyear GOODYEAR, AZ, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Payroll Vault, the fastest growing, award-winning payroll franchise, announced today it has recently expanded with …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 14:30 GMT

Clements Heymondo highlights top 5 travel challenges American travelers have faced in 2024

Clements Heymondo’s App helped American travelers tackle 2024’s top challenges—from flight delays to theft—with 24/7 seamless support. NY, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- As American travelers eagerly embraced the …

Distribution channels: Culture, Society & Lifestyle, Insurance Industry ...
Published on November 6, 2024 - 13:00 GMT

4.5 STAR-Rated SCAN Health Plan Named to U.S. News Best Insurance Companies for Medicare Advantage in California and ...

LONG BEACH, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- SCAN Health Plan, one of the nation’s largest not-for-profit Medicare Advantage plans, was named to U.S. News & World Report’s 2025 list of the Best Medicare Advantage …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on November 6, 2024 - 11:00 GMT

MIC Global partners with VOOM Insurance to Reinsure Rideshare Business

This new strategic collaboration aims to revolutionize how rideshare drivers in the USA access personal insurance, through affordable, usage-based coverage. NEW YORK, NY, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- MIC Global (MIC), a …

Distribution channels: Automotive Industry, Companies ...
Published on November 6, 2024 - 23:00 GMT

Duck Creek Technologies Selected to Deliver MDA National’s New Policy Admin, Billing and Data Solutions

SYDNEY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has been selected by MDA National (MDAN), an Australia-wide medical defence …

Distribution channels: Environment, Insurance Industry ...
Published on November 6, 2024 - 21:34 GMT

Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition

HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. …

Distribution channels: Companies, Insurance Industry ...
Published on November 6, 2024 - 09:30 GMT

2% stamp duty increase causing buyers to back out and chains to collapse

The 2% increase for second property stamp duty is leading to a slowdown in pipeline purchases, resulting in application withdrawals and collapsed chains. UNITED KINGDOM, November 6, 2024 /⁨EINPresswire.com⁩/ -- In the Autumn budget announced on …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 6, 2024 - 21:12 GMT

Enact Reports Third Quarter 2024 Results And Announces Quarterly Dividend

GAAP Net Income of $181 million, or $1.15 per diluted share Adjusted Operating Income of $182 million, or $1.16 per diluted share Return on Equity of 14.7% and Adjusted Operating Return on Equity of 14.8% Record Primary insurance in-force of $268 billion, …

Distribution channels: Business & Economy, Insurance Industry ...
Published on November 6, 2024 - 21:05 GMT

American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2024

Company to Host Quarterly Conference Call at 5:00 P.M. ET on November 6, 2024 and Announces their 2024 Virtual Investor Day at 11:00 A.M. ET on December 4, 2024 The information in this press release should be read in conjunction with an earnings …

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Published on November 6, 2024 - 18:45 GMT

SCOR - Projet d’offre publique sur MRM : ajustement de prix

SCOR, un réassureur mondial de premier plan Réassureur mondial de premier plan, SCOR offre à ses clients une gamme innovante et diversifiée de solutions et de services de réassurance et d’assurance pour le contrôle et la gestion des risques. Fidèle à sa …

Distribution channels: Insurance Industry, Media, Advertising & PR ...
Published on November 6, 2024 - 18:45 GMT

SCOR - Proposed public offer for MRM: price adjusted

SCOR, a leading global reinsurer As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses …

Distribution channels: Insurance Industry, Media, Advertising & PR ...
Published on November 6, 2024 - 18:00 GMT

Celent Names RegEd a ‘Functional Standout’ in Report on Distribution and Compensation Management Systems in Insurance

Raleigh, NC, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Celent has named RegEd, and its Enterprise Xchange Producer Management solution, as a “Functional Standout” in the research and advisory firm’s report, Insurance Distribution Management Systems: North American …

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Published on November 6, 2024 - 05:15 GMT

Fadi Hajjar, Wavestore, Director of Sales, Canada, Talks About A Year of Success and Growth In The Canadian Market

"In The Boardroom™ on... SecuritySolutionsWatch.com" OTTAWA, ONTARIO, CANADA, November 6, 2024 /⁨EINPresswire.com⁩/ -- About Fadi Hajjar As Fadi Hajjar approaches his one-year anniversary as the Director of Sales for Canada at …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on November 6, 2024 - 02:24 GMT

Los Angeles Rainy Season: A Cause For Concern For Motorcyclists

LOS ANGELES, CA, UNITED STATES, November 5, 2024 /⁨EINPresswire.com⁩/ -- As the weather in Los Angeles begins it's rainy season, there has been a concerning increase in motorcycle accidents. According to recent data from the Los Angeles Police …

Distribution channels: Companies, Emergency Services ...
Published on November 6, 2024 - 01:57 GMT

Harmony Junction Recovery introduces new Couples Rehab Programs in Orange County

Harmony Junction Recovery redefines couples' recovery with a dedicated Couples Rehab program in Orange County. LAKE FOREST, CA, UNITED STATES, November 5, 2024 /⁨EINPresswire.com⁩/ -- Harmony Junction Recovery is transforming the way couples …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...