Insurers

Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release. The worker, who broadcast the information after market hours on Friday, deleted the “status” within an hour, the ICICI Bank Ltd. unit […]

Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status Read More »

California Bill Seeks to Add ‘Transparency’ to Arieal Images Used by Insurers

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, non-renew, or reduce coverage based on aerial images older than 180 days. Assembly Bill was introduced last week by Assemblymember Lisa Calderon, D-Whittier, chair of

California Bill Seeks to Add ‘Transparency’ to Arieal Images Used by Insurers Read More »

Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A

Health Insurance /
Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A

Erste Group Bank AG sold a significant risk transfer linked to more than €10 billion ($11.7 billion) of loans as the Austrian bank seeks to free up capital for its largest ever acquisition. The Vienna-based lender sold the SRT to a small group of insurance companies, according to people familiar with the matter, who asked

Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A Read More »

Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages

Life Insurance /
Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages

With flags already at half-mast across Switzerland, a chorus of church bells will ring out across Switzerland at 2 p.m. today in memory of the 40 victims of a deadly fire in a mountain resort. As the country pauses to pay respects to the victims, many of whom were teenagers enjoying a night out, fellow

Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages Read More »

Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead

Health Insurance /
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead

In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 years for 2025, driven by favorable private passenger auto outcomes. Still, while their 2025 projected combined ratio across all lines is now 96.2, three points better than a

Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead Read More »

German Insurers Report Below-Average Natural Disaster Claims in 2025

Health Insurance /
German Insurers Report Below-Average Natural Disaster Claims in 2025

Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German Insurance Association (GDV). The experience in Germany was similar to catastrophe losses seen by insurers

German Insurers Report Below-Average Natural Disaster Claims in 2025 Read More »

Hong Kong Plans New Crypto, Infrastructure Rules for Insurers

Auto Insurance /
Hong Kong Plans New Crypto, Infrastructure Rules for Insurers

The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors. The insurance regulator would impose a 100% risk charge on cryptoassets, according to a presentation on Dec. 4 seen by Bloomberg News.

Hong Kong Plans New Crypto, Infrastructure Rules for Insurers Read More »

British Regulator Cracks Down on Home, Travel Insurers

Health Insurance /
Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures

Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority (FCA) said it was investigating two insurers, had blocked a third from operating, and said

British Regulator Cracks Down on Home, Travel Insurers Read More »

AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning

Life Insurance /
AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning

When Albania appointed the world’s first AI-powered cabinet minister in September 2025 in an effort to help stamp out corruption from public procurement, reactions ranged from optimism to disbelief. Whether symbolic or substantive, the announcement underscored a deeper reality: artificial intelligence is not a futuristic concept – it is woven into the fabric of our

AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning Read More »

Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System

Auto Insurance /
Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System

Kentucky’s Transportation Cabinet and Department of Insurance have launched a new vehicle insurance verification system, and auto insurers have until Jan. 15 to start getting on board. The new Kentucky Insurance Verification System, authorized by state lawmakers earlier this year, should allow state agencies to access auto insurance information in real time and should improve

Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System Read More »