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National Insurance News

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05/29/2016 11:26 PM

Tinder for insurance lets you insure your electronics by swiping right - Mashable


Mashable

Tinder for insurance lets you insure your electronics by swiping right
Mashable
An American startup is hoping to overhaul the stuffy insurance industry with a couple of swipes. On Monday, Trov launched its latest product in Australia: On-demand insurance for single items through its mobile app. Founded in 2012, the company's free ...
​Trov partners with Suncorp Group to launch on-demand insuranceZDNet
Trov Provides One-Swipe Insurance For All Your ElectronicsLifehacker Australia
Tinder-style app with a bizarre twistNEWS.com.au
CMO
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05/29/2016 11:11 PM

Enlist the insurance industry in the fight against climate change - The Seattle Times


The Seattle Times

Enlist the insurance industry in the fight against climate change
The Seattle Times
INSURANCE allows us to protect our property, our health and our loved ones from a wide range of risks. We trust insurers' ability to “do the math” regarding these risks and provide coverage at a reasonable price. However, climate change offers up a new ...

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05/29/2016 06:58 PM

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered - Forbes


Forbes

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered
Forbes
In a medical emergency, you don't want to be stuck in a remote hospital. You want to get home, to the hospital you trust. Yet most kinds of travel medical insurance, platinum card programs and medical evacuation insurance will only get you to the ...

 

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05/29/2016 07:02 PM

Private insurance can't heal all - The Hindu


Daily Maverick

Private insurance can't heal all
The Hindu
Between the potential catastrophes of big out-of-pocket costs for healthcare and the current weaknesses of the public healthcare system, the private insurance markets offer what looks like a way out. The idea is tempting: let people choose between ...
Health-E News: More pragmatism needed to make National Health Insurance a realityDaily Maverick

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05/29/2016 02:39 PM

Homebuyers may be paying too much for insurance, says research - The Guardian


The Guardian

Homebuyers may be paying too much for insurance, says research
The Guardian
Homebuyers have been warned they could be paying more than necessary for home insurance after research revealed one in seven took out policies with their mortgage lender. The study by Gocompare.com found 14% of homeowners opted for that route.
Home owners warned over 'mortgage-linked insurance trap'expressandstar.com

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05/29/2016 11:33 AM

Toxic algae drive up insurance costs for Chile's salmon farms - Financial Times


Financial Times

Toxic algae drive up insurance costs for Chile's salmon farms
Financial Times
Premiums are expected to rise 50 to 60 per cent, according to Dagfinn Ulriksen, head of aquaculture at Aon Norway, which brokers the bulk of insurance for international fish farmers. Losses covered by insurance are expected to be about $100m, the ...

 

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05/29/2016 06:12 AM

'Why am I being charged triple on my home insurance for being a loyal customer?' - Telegraph.co.uk


Telegraph.co.uk

'Why am I being charged triple on my home insurance for being a loyal customer?'
Telegraph.co.uk
Since moving into their home in 2006, Mr Mallier and his wife have held a buildings and contents insurance policy with Halifax. Over this time, the annual premium has increased from £210 to £607 for the latest premium renewal quote, despite the couple ...

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05/29/2016 05:22 AM

Prospect of catastrophic cyber attack triggers interest in insurance backstop - Business Insurance


Prospect of catastrophic cyber attack triggers interest in insurance backstop
Business Insurance
Such a backstop was created by the Terrorism Risk Insurance Act of 2002 to help insurers cover losses from truly catastrophic future terrorist events. But whether the current facility, which is commonly known as TRIA, could respond to cyber attack ...

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05/29/2016 06:02 AM

Households could be charged annual 'insurance premium' for access to electricity grid - Telegraph.co.uk


Telegraph.co.uk

Households could be charged annual 'insurance premium' for access to electricity grid
Telegraph.co.uk
Every household could have to pay an annual "insurance premium" for access to the UK electricity grid, under plans to overhaul the way networks are paid for. Energy regulator Ofgem is worried that people who can afford to install solar panels and ...

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05/29/2016 08:28 PM

Bill of rights to protect insurance policyholders issued - Inquirer.net


Bill of rights to protect insurance policyholders issued
Inquirer.net
THE INSURANCE Commission has come out with a bill of rights detailing an insurer's obligations to consumers to better protect policyholders, specifying sanctions for noncompliance. Circular No. 2016-30 issued by Insurance Commissioner Emmanuel F.

 

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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05/29/2016 06:58 PM

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered - Forbes


Forbes

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered
Forbes
International air ambulance medical evacuations can exceed $100,000, yet travel medical insurance and medical evacuation insurance companies often place low caps on medical transportation or air ambulance expenses. MedjetAssist does not place caps on ...

 

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04/30/2016 10:23 PM

Insurer gets gong for bad behaviour - Radio New Zealand


Radio New Zealand

Insurer gets gong for bad behaviour
Radio New Zealand
The insurance company said it was disappointed to have been named New Zealand's worst transnational corporation. IAG's head of corporate affairs, Craig Dowling, said the award showed a tragic lack of understanding of earthquake issues, and the ...

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05/29/2016 08:49 PM

Japan Is First To Panic; Won't Be The Last - Gold Seek


Japan Is First To Panic; Won't Be The Last
Gold Seek
A Group of Seven compromise offers minimal cover for Shinzo Abe. The Japanese prime minister's plan to revitalize the world's third-largest economy needs fresh impetus. Abe didn't get as much international backing as he might have liked from hosting ...

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05/30/2016 12:44 AM

Breithorn Capital Management Lowers stake in American International Group Inc (AIG) - Market Digest


Breithorn Capital Management Lowers stake in American International Group Inc (AIG)
Market Digest
American International Group Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance life insurance retirement products mortgage insurance and other financial services. Its various offerings include products and ...

 

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05/29/2016 06:54 AM

AM Best affirms ratings of Bahrain Kuwait Insurance Company BSC - CPI Financial


AM Best affirms ratings of Bahrain Kuwait Insurance Company BSC
CPI Financial
Risk-adjusted capitalisation remains strong despite capital requirements increasing as a result of the company acquiring a 41 per cent stake in Bahrain's largest Takaful operator, Takaful International Company B.S.C (TIC), in 2015. We were unable to ...

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05/29/2016 07:00 AM

AM Best affirms ratings of Arab Orient Insurance Company: May 2016 - CPI Financial


AM Best affirms ratings of Arab Orient Insurance Company: May 2016
CPI Financial
... capital consumption is principally driven by its exposure to reinsurance counterparty credit risk, emanating particularly from large property risks that are ceded to the international market. This is, however, partially mitigated by a well-rated ...

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