...non-life sectors in 2018 are as shown:
Source : MiddleEast | 14 Feb 2019
...non-life insurance arm of the Hanwha Group, has a 75.1% stake in InFit, reported The Korea Times. Infit is expected to launch operations with an initial capital of KRW85bn ($76.3m).
<...Source : eDaily | 14 Feb 2019
...The number of Chinese travellers who bought travel accident insurance for outbound trips has jumped nearly 20% year-on-year, according to a report by Ctrip.com International, China's largest online travel agency by revenue. One reason for the growth is that more Chinese are travelling. An estimated 156m Chinese travelled overseas last year, compared to 145m in 2017....Source : eDaily | 14 Feb 2019
...non-life insurers reported a 13.1% rise in gross direct premiums underwritten over the corresponding period in 2017, according to data released by the IRDAI.
In absolute terms, the total pr...Source : eDaily | 14 Feb 2019
...Lawmakers have passed changes to the Earthquake Commission (EQC) Act which will increase the quake coverage cap on new claims from NZ$100,000 ($68,300) to NZ$150,000 and remove cover for home contents as homeowner's policies are taken out or renewed over the 12 months from 1 July 2019....Source : eDaily | 14 Feb 2019
...New construction technologies like "rocking walls" in New Zealand can help buildings withstand severe earthquakes, new research reveals....Source : eDaily | 13 Feb 2019
...Reliance General Insurance (RGI) has filed fresh papers with market regulator Securities and Exchange Board of India (SEBI) for an initial public offering, after its permission lapsed in November last year....Source : eDaily | 13 Feb 2019
...Howden, part of the Hyperion Insurance Group and the world's largest independent retail broker, has agreed to acquire a strategic stake in Malene Insurance Brokers....Source : eDaily | 13 Feb 2019
...A government review panel composed of experts has started discussions about what the nature of compensation for bicycle accident-related damage should be, given how serious accidents can be where cyclists hit pedestrians, resulting in injury or death....Source : eDaily | 12 Feb 2019
...Although the Philippines faces an average of 20 typhoons a year, only 36% of Filipinos feel they are completely prepared for disasters, according to a study by the Harvard Humanitarian Initiative (HHI) DisasterNet Philippines....Source : eDaily | 12 Feb 2019