Expect Direct Online to Gain in Small Commercial Insurance Market Share: Novarica February 14, 2019 Changes in small business owners’ online habits and new market entrants are driving market demand for online purchasing of insurance,...
Fitch Upgrades Mitsui Sumitomo Insurance to ‘A+’ February 14, 2019 Fitch Ratings has upgraded the insurer financial strength (IFS) ratings of Japanese insurer Mitsui Sumitomo Insurance to “A+” (Strong) from...
China’s Ant Financial Buys UK Payments Company WorldFirst February 14, 2019 By Lulu Yilun Chen Ant Financial, the Chinese financial services giant controlled by billionaire Jack Ma, bought London-based payments company WorldFirst in its biggest...
Dubai Ride-Hailing Firm, Careem, Provides Accident Insurance for Drivers, Passengers February 14, 2019 By Cagan Koc Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc....
MS Amlin Launches Comprehensive All-Risks Policy for UK Tech Sector February 14, 2019 MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK,...
UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK February 14, 2019 By Jonathan Browning Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the...
EU Markets Regulator Seeks Rapid Response Powers for Post-Brexit Problems February 14, 2019 By Huw Jones The European Union’s markets regulator urged lawmakers on Wednesday to give it “rapid” response powers to deal with problems that...
State Farm Lowering Auto Insurance Rates in Texas February 14, 2019 State Farm Mutual Insurance Co. is cutting its Texas auto insurance rates for the fourth consecutive time in a year,...
J&J Talc Supplier Files for Bankruptcy Over Lawsuits February 14, 2019 By Tina Bellon and Tom Hals A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in...
Tennessee-Based The General Adds Radio Host Bobby Bones as Brand Ambassador February 14, 2019 The General Insurance has tapped nationally syndicated on-air radio personality Bobby Bones as the company’s newest brand ambassador. The General...