In a move that underscores its commitment to customer wellbeing, HSBC Life (UK) Limited has announced a significant enhancement to its Value-Added Benefits (VABs) portfolio. This broadened offering now includes a range of health services designed not only for policyholders but also for their
The first half of 2024 brought mixed financial results for PICC Property and Casualty (HKG:2328), a major player in the Hong Kong insurance market. While the company reported a 4.5% year-over-year increase in revenue, reaching CN¥242.4 billion, it experienced a significant decline in net income.
New China Life Insurance Co., Ltd. has announced commendable financial outcomes for the first half of 2024, marking a significant period characterized by solid performance and strategic financial management. The results underscore resilient earnings within a competitive marketplace, instilling
Starting in November, Allstate policyholders in California will experience a significant rise in their home insurance premiums, sparking concern among homeowners. The insurance giant is increasing its rates by an average of 34.1%, the steepest hike by a major insurer in the state in recent years.
As the first half of 2024 came to a close, the U.S. insurance industry experienced significant signs of surplus recovery, driven primarily by notable gains in capital and improvements in underwriting. Despite looming threats such as natural disasters, cyber risks, and inflation, the industry
Cycling businesses in the UK are encountering a transformative phase, thanks to the recent partnership between Bikmo, a leading InsurTech firm, and the Association of Cycle Traders (ACT). This relationship promises to deliver tailored insurance solutions that address the unique challenges and needs
