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AXA-backed LeisureInsure to close Irish operations; thousands of jobs at risk

LeisureInsure, a UK-based leisure insurance provider, has decided to shut down its Irish operations due to unviable business environment. The…

China forms new company to takeover operations of troubled insurer Anbang

China Banking and Insurance Regulatory Commission (CBIRC) has floated a new company to manage the operations of Anbang Insurance Group.…

India to further open up insurance sector

The Government of India has revealed plan to increase the foreign direct investment (FDI) in insurance intermediaries to 100% from…

Insurers further behind banks in mobile app security

Insurers are further behind banks in terms of mobile app security, according to Andrew Whaley, vice president of engineering at…

AIG Life rebrands Low Start proposition to Life Start and CIC Start

AIG Life has rebranded its current Low Start proposition to Life Start and CIC Start, as well as simplifying the…

Zurich Insurance Group uses AI for personal injury claims

Zurich Insurance Group's chairman Tom de Swaan has said the insurer is deploying artificial intelligence (AI) in deciding personal injury…