AM Best expected Beneficial to experience moderate underwriting growth, thanks primarily to the expansion of its central pet insurance line of business.
The Tasmanian government has abolished the Fire Services Levy (FSL) on business insurance policies, prompting further calls for the NSW to do the same.
The four major Japanese insurers will report their findings to the FSA on Friday, with an anonymous source claiming 100 corporate clients have been affected by improper business practices.
At the International Union of Marine Insurance (IUMI) conference in Edinburgh, experts discussed how digitilisation of trade documents will change the insurance industry.
Nearly 70% of Asian insurers plan to adapt their strategic asset allocation due to changes in risk-based capital regimes, according to a BlackRock report.
Bima Vistaar is an innovative insurance product which combines property, life, and health insurance into a single policy and which has on user-friendly terms and digital verifications.
The coverage uses Clearwater Dynamics technology to provide 24/7 operations room monitoring and reporting and is backed by Lloyd's and A-rated London market insurers.
Effective September 29th, 2023, the responsibility of the Life Insurance Code of Practice will transition from the Financial Services Council (FSC) to CALI.
