Zurich Insurance : completes sale of Italian life and pensions back book to GamaLife

Zurich Insurance Group (Zurich) today announced that its subsidiary Zurich Investments Life S.p.A. has completed the sale of its life and pensions back book, composed of both traditional and unit-linked policies, to the Portuguese insurance company GamaLife – Companhia de Seguros de Vida, S.A. (GamaLife). The transaction does not change contractual obligations toward policyholders and … Read more

Goosehead Insurance Survey Reveals Two-Thirds of Americans Don’t Know What their Home Insurance Covers

New data reflects opportunities for the insurance industry to better educate consumers WESTLAKE, Texas, Dec. 01, 2022 (GLOBE NEWSWIRE) — Owning a home is one of the most expensive purchases an individual will ever make and protecting that asset is of utmost importance. New data released today from Goosehead Insurance, Inc. (NASDAQ: GSHD), a rapidly … Read more

AXIS Launches Integrated Environmental and General Liability Coverage for Manufacturing Sector

AXIS Capital Holdings Limited (“AXIS” or the “Company”) (NYSE: AXS), announced today its Environmental business unit has launched a Specialty Package Policy for manufacturers (“SPPm”). The SPPm policy covers a range of general and environmental liability exposures facing manufacturers, all in one integrated insurance package. Exposures covered by SPPm include those associated with manufacturing, distribution, … Read more

FINEOS Wins Digital Technology Project of the Year for Fortune 100 US Insurance Carrier

FINEOS Corporation (ASX:FCL) is honored to have won the prestigious Digital Technology Project of the Year award from Technology Ireland. This highly competitive award recognizes the company that has delivered outstanding value to an end client through the innovative deployment and use of digital technology. FINEOS was selected for the enterprise transformation project that implemented … Read more

AM Best Affirms Credit Ratings of International General Insurance Holdings Ltd. and Its Subsidiaries

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of ‘a’ (Excellent) of International General Insurance Co. Ltd., (IGICL) (Bermuda), International General Insurance Company (UK) Limited (IGIUK) (United Kingdom) and International General Insurance Company (Europe) SE (IGI Europe) (Malta). Concurrently, AM Best has affirmed the … Read more

Lincoln Financial Group enhances supplemental health suite with expanded Hospital Indemnity insurance coverage

New research shows nearly nine in 10 consumers would be interested in Hospital Indemnity insurance if it were offered as part of their workplace benefits Amid rising interest in supplemental health coverages, Lincoln Financial Group (NYSE: LNC) has expanded its Hospital Indemnity insurance coverage to include additional benefit options. The new enhancements include two family-focused … Read more

Statistics on Insurance Corporations: Q3 2022

30/11/2022 – Press Releases – Total assets of insurance corporations decreased by 2.52% to €18,500 million from €18,978 million in the previous quarter. – Total insurance technical reserves decreased by €237 million to €13,383 million from €13,620 million in the previous quarter. Total assets of insurance corporations decreased by €478 million compared with the previous … Read more

Intela Research Initiates Coverage on Endurance Gold Corporation

Dublin, Ireland – Intela Research, an equity research firm focused on junior mining small capitalization public companies has initiated coverage of Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (‘EDG’). The in-depth 44-page initiation report includes detailed information on Endurance’s business model, services, industry, valuation, management, and risks. The research report dated November … Read more

China stocks end higher on Guangzhou COVID easing, auto gains

HONG KONG, Nov 30 (Reuters) – China and Hong Kong shares extended gains on Wednesday as market participants cheered an easing of COVID-19 measures in Guangzhou city and auto stocks surged on potential favourable policies. Southern Guangzhou city relaxed COVID prevention rules in multiple districts including Fanyu, Tianhe, Conghua, Huadu and Liwan, boosting investor sentiment … Read more

Insurance Australia : Wildlife Road Safety Report reveals dangers of animal collisions

The NRMA and NRMA Insurance today released its Wildlife Road Safety Report revealing the frequency of wildlife related road accidents and reminding drivers of the safety risks of animal collisions ahead of the busy holiday period. The report showed there were more than 900 collisions that caused injuries, ranging from minor through to fatal crashes, … Read more