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News
HSBC Life Singapore unveil new term life and IUL plans
3+ day, 13+ hour ago (308+ words) The term life insurance plan offers coverage terms up to age 100. HSBC Life Singapore has launched two new insurance solutions, HSBC Life Term Protect Secure and HSBC Life Diamond Prestige IUL III. These are designed to provide greater flexibility across protection…...
Waterdrop: Q2 Revenue Jumps 73% To $213.4 Million As AI Drives Insurance Growth
3+ day, 23+ hour ago (429+ words) Waterdrop reported second-quarter net operating revenue of RMB1.45 billion ($213.4 million), representing a 72.8% year-over-year increase as its insurance business expanded and the company deployed AI across sales, underwriting and other services. Insurance-related income increased 80.5% to RMB1.33 billion ($196.5 million), while operating profit increased 14.3% year…...
Insurance moves: Corgi, Pan-American, Third Wave, Relm, AXA XL, Burns & Wilcox, MJ, More
4+ day, 9+ hour ago (958+ words) Corgi has named Erin Gambrel (pictured, center) vice president of financial services, tasked with driving retail investor growth and brand reach for the company's ETF lineup. Gambrel joins from Investing Authority, where she oversaw retail trading campaigns reaching more than…...
IGI Launches Cipher Underwriting Ltd
1+ week, 5+ day ago (257+ words) The latest new thinking from IGI for you; The launch of Cipher represents an important milestone in IGI’s strategy to expand its specialty reinsurance capabilities through the development of focused underwriting platforms in attractive and growing markets. IGI President & CEO…...
CIC Insurance Profit Jumps 70 Percent on Heavy Investment Gains
1+ week, 5+ day ago (454+ words) CIC Insurance Group has reported a 70.3 percent increase in its half-year net profit to KES 1.09 billion, driven by massive investment returns. CIC Insurance Group has posted a 70.3 percent surge in its half-year net profit to KES 1.09 billion, driven by aggressive…...
German insurance giant Allianz eyes £5bn takeover bid for the AA
2+ week, 1+ day ago (65+ words) The Times German insurance giant Allianz eyes £5bn takeover bid for the AA Allianz of Germany is considering a bid for the business, which has had the high price tag slapped on it by its private equity backers £1 for 3 months Enjoy…...
German insurer Allianz weighs £5bn takeover of AA roadside rescue giant
2+ week, 2+ day ago (714+ words) Allianz, the German insurance behemoth, is considering a £5bn takeover swoop for the AA, the breakdown recovery group which ranks among Britain’s biggest membership organisations. Sky News has learnt that Allianz is one of a small number of parties which have…...
Pelagos Insurance Capital to Present at the 2026 KBW Insurance Conference
2+ week, 5+ day ago (209+ words) PEMBROKE, Bermuda--(BUSINESS WIRE)-- Pelagos Insurance Capital Limited ("Pelagos Insurance Capital" or the "Company") (NYSE: PLGO), announced that Jonny Strickle, Group Managing Director, is scheduled to present at the 2026 KBW Insurance Conference in New York. The presentation will take place…...
Allianz Malaysia premiums jump 11.5% to $1.1b in H1 2026.
2+ week, 6+ day ago (228+ words) Total business volume increased 7% to $807.9m in the first half. Allianz Malaysia Berhad reported growth across both its general and life insurance segments in the second quarter of 2026, with total business volume, gross written premiums and operating profit all higher than…...
This week in insurance: New products launch, insurers expand, AIA and Ping An profits surge
3+ week, 2+ day ago (424+ words) Prudential Hong Kong also expanded its office space. The insurance industry from 17 to 21 August saw a wave of new product launches, business expansion and strong first-half earnings growth this past week. Chubb Life Hong Kong has launched the Chubb Care…...