Non-life insurers are bullish about business recovery prospects for this year as they expect an increase in the demand for insurance and protection products.
Moody's Investors Service has assigned an A3 insurance financial strength rating (IFSR) to Fidelidade Macau - Insurance Company Limited (Fidelidade Macau). The outlook is stable.
China's insurance sector is forecast to record double-digit new business value growth this year, because of demand recovery and moderated asset/liabilities risk.
The CBIRC yesterday announced its decision to impose administrative supervision measures against Anxin Property & Casualty Insurance, which is an online-only insurer.
Willis Towers Watson, a leading global advisory, broking, and solutions company has added Shanghai to its global property and casualty hub, aimed at enhancing the company's global placement model for clients.
Indian consumers now use digital platforms extensively and prefer to purchase insurance through them according to a new survey by Swiss Re.
The potential long-term mental, physical and emotional impacts of COVID-19 cannot be overstated and will continue to shape the challenges that the insurance industry will face in the year ahead, according to a report by Sedgwick.
The Bahraini insurance market grew by 1.2% during 2019 to post total premium income of BHD287.4m ($762m), according to the Central Bank of Bahrain's "Insurance Market Review 2019" report released recently
Concerns have arisen around the efficacy of insurance contracts, and the COVID-19 pandemic has highlighted the gaps in "understanding and expectation" between customers and their insurers, according to Barclays' managing director of group insurance, Mr Farhad Jamooji, in an interview which is part of Aon's Virtual Reinsurance Renewal Season fireside chats.
A record number of small business owners in the UK are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses, according to the latest Small Business Index (SBI) of UK.