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News
Hong Kong’s insurance boom is facing a financing test
5+ day, 11+ hour ago (748+ words) The Monetary Authority requires clearer explanations of financing works, risk disclosure, loan tenors, and repayment terms. For insurers and advisers, these trends are closely connected. As more wealthy families use Hong Kong to structure and manage intergenerational wealth, demand is…...
Samsung's insurers reportedly lining up a $6bn shopping trip through Lloyd's and Wall Street
1+ week, 3+ day ago (523+ words) South Korea's two biggest insurance names are reportedly closing in on deals that would hand one of them full control of a well-known Lloyd's specialty carrier and make the other the largest shareholder in a major US retirement group. Nothing…...
European heat mortality exposes a gap in life insurance pricing
2+ week, 5+ day ago (386+ words) The mechanism runs through the age profile of those most affected. Extreme heat exacerbates underlying conditions, including cardiovascular disease and dehydration, concentrated in elderly populations. That drives both mortality claims on life policies and higher demand for private medical services....
Europe's heatwaves expose insurance gap as business losses mount
3+ week, 3+ day ago (182+ words) A large part of Europe is in the grip of its fifth heatwave of the summer. That includes France, where temperatures in parts of the country have soared to 40 degrees Celsius, triggering a wildfire in the southwest. Monte Francis has…...