360F, top three InsurTech of the Year at the 5th Asia Trusted Life Agents & Advisers Awards, has entered the Middle East with a pipeline of projects and an anchor client, Zurich Insurance.
The attitude towards life and health insurance has changed due to COVID-19. People are being more risk-averse about their own health and showing more concern over protection, according to the seventh edition of ReMark's annual Global Consumer Study (GCS).
Price comparison websites (PCWs) in the UK insurance sector are expected to become even more popular as consumers look for savings amid the coronavirus-induced recession.
Following the COVID-19 pandemic, reputation matters more than ever to organisations and any trust-related challenges should be addressed swiftly with detailed and causal explanations to manage reputational risk, according to a new report jointly released by RIMS, Airmic, and RepTrak.
Forty-one percent of American adults feel that the COVID-19 pandemic has changed how their family handles finances and nearly one in four (22%) will consider increasing their life insurance coverage this year, according to a recent survey by disability income provider group Unum.
South African life insurers provided more than 458,000 policyholders with premium relief assistance to the value of over ZAR1bn ($58.4m) between March and July this year, in an effort to help policyholders whose earnings were impacted by the COVID-19 lockdown preserve their risk cover and savings policies, said the Association for Savings and Investment South Africa (ASISA).
Peak Re has announced that it has appointed Mr Andrew Souter as the company's director of markets with effect from early November 2020. Mr Souter will oversee the clients' portfolio in global markets and will be responsible for developing the company's P&C reinsurance business.
A new Swiss Re Institute index has revealed that 39 countries have fragile ecosystems on over 30% of their landmass due to declining biodiversity. Malta, Israel, Cyprus, Bahrain and Kazakhstan have the lowest biodiversity and ecosystems services (BES) ranking, as measured by the index.
Global insurer QBE is planning to appeal the UK test case judgement on whether business interruption policies should cover losses related to the COVID-19 pandemic.
Reinsurer capital has rebounded to 2019 levels after an initial drop due to the impact of COVID-19, according to Aon's latest Reinsurance Aggregate (ARA) report.