News Non-Life

India: Motor premium income slows as auto sales dip

India: Motor premium income slows as auto sales dip

Insurers are beginning to see motor premium growth stall as sales in the auto market weaken. Motor is the biggest or the second largest line of business for most insurers in the country.

19 Jul 2019

China: Ride-hailing company to work with insurers on accident cover

China: Ride-hailing company to work with insurers on accident cover

Chinese ride-hailing giant Didi Chuxing said yesterday it plans to form a partnership with Chinese insurers to provide accident insurance of up to CNY1.2m ($174,500), reported Reuters.

19 Jul 2019

Australia: Loyalty tax rises for existing policyholders

Australia: Loyalty tax rises for existing policyholders

On average, customers renewing their insurance policy with the same insurer paid 27% more than new customers, according to research carried out last year by the New South Wales's Insurance Monitor. More recent data indicates the gap has risen...

AIR team | 18 Jul 2019

Thailand: Insurance plans made available to fishermen

Thailand: Insurance plans made available to fishermen

The Office of the Insurance Commission (OIC) has helped to develop microinsurance products for the fishing industry, covering injury or death of fishermen and damage to their boats.

16 Jul 2019

Sri Lanka: General insurers see business expand in 2018, but at slower pace

Sri Lanka: General insurers see business expand in 2018, but at slower pace

AIR team | 15 Jul 2019

India: Kerala government looks into setting up Nat CAT insurance fund

India: Kerala government looks into setting up Nat CAT insurance fund

15 Jul 2019

Myanmar: Sompo Japan lends assistance in crop insurance scheme

Myanmar: Sompo Japan lends assistance in crop insurance scheme

12 Jul 2019

Equipment breakdown responsible for 28% of all 2018 property-related losses for insurer

Equipment breakdown responsible for 28% of all 2018 property-related losses for insurer

Ranamita Chakraborty | 11 Jul 2019

Past Articles

Australia: New insurer goes where few dare to tread

Australia: New insurer goes where few dare to tread

India: Govt waits for consultant's report on 3 state owned general insurers

India: Govt waits for consultant's report on 3 state owned general insurers

Korea: Second largest non-life insurer makes its mark on foreign markets

Korea: Second largest non-life insurer makes its mark on foreign markets

Climate change drives US insurer to stop insuring coal sector

Climate change drives US insurer to stop insuring coal sector

Major exit for insurer in the Pacific region

Major exit for insurer in the Pacific region

China: Sinosure provides cover totalling US$46bn in Africa from Jan to May

China: Sinosure provides cover totalling US$46bn in Africa from Jan to May

Sri Lanka: Farmers sign up for first blockchain-based agricultural insurance

Sri Lanka: Farmers sign up for first blockchain-based agricultural insurance

Global exposure data made transparent via catastrophe modelling firm's new database

Global exposure data made transparent via catastrophe modelling firm's new database

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