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Travel
SBI General, HSBC India enters bancassurance partnership for non-life products
August 6 2024
Businesses team up to provide health, property, motor, and travel insurance to HSBC's customers.
CrowdStrike update triggers global tech outage
July 22 2024
Web of claims will ignite discussions around exclusions, while "silent risks" could see exposure accumulate in less obvious lines of business.
Insurers brace for surge of claims after antivirus update causes "largest IT outage in history"
July 19 2024
Economic losses could run into the tens of billions, with claims set to trigger across multiple lines of business, notably BI, cyber, and travel.
Zurich agrees deal to acquire AIG’s global personal travel insurance business for US$600m
June 26 2024
Transaction is expected to close by year-end, with enlarged Cover-More Group projected to generate GWP of US$2bn annually.
AXA and HK Express tie-up embedded deal
June 17 2024
Businesses partner up to provide insurance solutions to Hong Kong airline's customers.
Singapore Airlines offers compensation to passengers injured in severe turbulence - reports
June 12 2024
Passengers with minor injuries reportedly offered US$10,000, while serious cases are in discussions about tailored compensation.
Insurtech KoverNow hires John Trotter to spearhead HK expansion
March 28 2024
Trotter joins as Chief Sales Officer to help drive KoverNow's expansion beyond Singapore.
Zurich and Klook partner on embedded, parametric travel delay product
March 22 2024
Partnership, in conjunction with insurtech Blink, offers instant lounge access upon trigger of a flight delay.
Australia: Pacific International's ratings affirmed with pet and travel expected to fuel underwriting growth
March 4 2024
Despite a five-year average ROE of -0.2%, the insurer has demonstrated an upward financial trend with positive earnings recorded in FY 2022 and 2023.
bolttech Insurance launches new HK travel product which includes 'Cancel for any reason' coverage
February 7 2024
MyTravel has a 'Superior plan' which provides up to HKD25,000 in reimbursements, subject to a 50% cap.
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