Post

The decumulation market: the barriers and opportunities to future growth

Decumulation has brought high growth and high returns to many UK life insurers. Waheeda Narker, retirement & decumulation segment lead, …

Cover Genius bags $70m Series D amidst insurtech investment drop

Cover Genius has secured $70m in a new funding round at the same time as the rest of the insurtech …

Cost of living crisis hits insurtech startups as deals dry up

The cost of living crisis is to blame for insurtech deals running dry following the pandemic and we're all worse …

Ondo goes public with room for growth in home insurance incorporating water leak detection

Insurers have been slow to incorporate smart home devices into home insurance policies despite their ability to reduce the number …

By Miles eyes expansion as conditions are perfect for pay-per-mile insurance

UK-based pay-per-mile insurer By Miles is set to expand into Europe as it looks to make the most of how …

MetLife will be the worst hit life insurer in Ukraine owing to the ongoing political unrest

The full impact of the Russia-Ukraine war on insurers will not be known for some time, however, it is clear …

Russia’s Ingosstrakh will begin to feel the strain as it loses Generali and Western pressures mount

Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it owns …

Businesses increase the level of mental and physical wellbeing support to employees as awareness of both remains high

COVID-19 has brought a fundamental change, encouraging businesses to put more effort than ever into improving the wellbeing support offered …

Four insurtech trends to look for in 2022

Insurtech is a booming market, generating record levels of investment as funding surpassed $15m in the third quarter of last …

Prudential Cambodia finalises bancassurance partnership with Wing Bank  

Prudential (Cambodia) Life Assurance (Prudential Cambodia), an indirect subsidiary of UK-based Prudential, has forged a bancassurance partnership with Wing Bank …

FWD announces AI partnership with Microsoft to enhance insurance operations 

FWD Group, a pan-Asian life insurance company, has entered into a four-year partnership with Microsoft to utilise the US tech …

AXA acquires HBSUK to enhance healthcare offering 

AXA Health, a private medical insurer (PMI) in the UK, has purchased online outpatient service provider HBSUK for an undisclosed …

Zurich to acquire 70% stake in Kotak Mahindra General Insurance for $670.7m  

Kotak Mahindra Bank (Kotak) has announced that Zurich Insurance Company (Zurich) will acquire a 70% stake in Kotak Mahindra General …

Allianz reports 91.1% jump in Q4 2023 net income

Allianz has reported net income of €2.25bn in the fourth quarter (Q4) of 2023, a 91.1% rise compared with €1.18bn …