News
Korea Allows Premium Suspension for Duplicate Indemnity Insurance Holders
3+ hour, 39+ min ago (541+ words) Reversal to Previous Contract Available Within 6 Months of 5th-Generation Switch Policyholders who enroll in group indemnity health insurance can suspend premium payments on their existing individual indemnity insurance. If the group indemnity insurance ends, the suspended individual indemnity insurance must…...
QBE and K2 partner to expand property offering with new parametric coverage
13+ min ago (224+ words) 19th May 2026 - Author: Saumya Jain - International insurer and reinsurer QBE has expanded its property offerings and included new parametric coverage through an enhanced partnership with K2. The re/insurer explains that this move is a direct result of the growth in complex…...
The algorithm setting your settlement: How AI quietly decides insurance payouts, and what ASEAN regulators should do about it
28+ min ago (498+ words) That part is decades old. What is new is the AI layer being grafted on top of it. Three additions, in particular, have changed the practitioner experience in the last 24 months: The algorithm itself is not the policy problem. The…...
Tata AIA Life Insurance Declares Its Highest-Ever Bonus of "2, 173 Crore
28+ min ago (393+ words) KOCHI: Tata AIA Life Insurance, one of India's leading life insurers, has announced its highest-ever bonus payout of "2, 173 crore for the financial year ending March 31, 2026, for its participating (par) policyholders. Over 8. 74 lakh policies will benefit from this payout an 18% leap…...
Bajaj General Insurance Launches MHCP EDGE+, a Flexible, Next-Generation Health Indemnity Plan with Coverage upto INR 5 Crores
48+ min ago (178+ words) Speaking on the announcement, Dr. Tapan Singhel, MD & CEO, Bajaj General Insurance, said, About Bajaj General Insurance Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited) is one of India's leading, most trusted and dynamic private…...
Step-by-Step Process to Buy Term Insurance Online Without Mistakes
56+ min ago (983+ words) Buying a term insurance plan has become easier with digital platforms offering quick access, simple comparisons, and transparent policy details. Many individuals now prefer to buy term insurance online because it saves time and provides better clarity on coverage options....
Norwegian Insurers: Mixed Q1 2026 Results for Life and Non-Life Sectors - News and Statistics
1+ hour, 24+ min ago (448+ words) Index Box Search across reports, market insights, and blog stories. Norwegian Insurers Report Mixed First-Quarter Results for 2026 Life insurance companies reported a decline in profit from ordinary activities, dropping to 3, 263 million Norwegian kroner in the first quarter of 2026 from 3, 462 million…...
ANZ: Reserve Bank of Australia Expected to Remain on Hold for an Extended Period
11+ min ago (33+ words) Bitget ANZ: Reserve Bank of Australia Expected to Remain on Hold for an Extended Period You may also like...
NAICOM advocates stronger insurance reforms for sector expansion
11+ hour, 29+ min ago (264+ words) Omosehin, who was represented by the Deputy Commissioner for Insurance, Finance and Administration, Mr. Ekerete Ola Gam-Ikon, made the call during the opening ceremony of the 2026 Insurance Week. According to him, Insurance Week has become more than a ceremonial gathering,…...
Australia's cyclone pool cuts premiums by 37%, boosts availability in high-risk areas: ARPC
1+ hour, 31+ min ago (126+ words) Neo, who was CEO formerly Asia Pacific at Sompo Holdings, will join the board on June 1. Tokyo-based Matsumoto had been interim head since Ronnie Tong stepped down in early April. Thomson, who succeeds Anne Lohbeck, will be based in London....