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Moody’s assigns Freedom Finance Insurance its first Ba1 rating
1+ week, 2+ hour ago (502+ words) Freedom Finance Insurance received its first Moody’s rating. The Ba1 assessment, with a stable outlook, gives customers and partners an additional measure of the insurer’s financial strength after its equity increased by roughly KZT18 billion in six months, DKNews.kz reports. According…...
Is Travel Insurance Necessary For Every Trip? Costs And Coverage Explained
1+ week, 2+ day ago (204+ words) Travel insurance may not be mandatory for every destination, but it can provide valuable financial protection. Some countries, including Schengen destinations, require travel insurance as part of the visa process. Even where it is optional, insurance can be important when…...
FCA marks its own homework on insurance – and gives itself a six or seven
1+ week, 4+ day ago (463+ words) The UK's financial watchdog doesn't often put a number on its own performance. This week, giving evidence to peers, it did. Appearing before the House of Lords Financial Services Regulation Committee yesterday as part of its inquiry into regulation of the…...
FMA's add-on insurance review lands as commission scrutiny widens
3+ week, 2+ day ago (195+ words) By Camille Joyce Lisay The Financial Markets Authority has found insurers relying on intermediaries to sell add-on insurance and extended warranties lack oversight proportionate to the risks of commission-based distribution, a finding that lands just weeks after the regulator flagged…...
Best Health Insurance for Families
4+ week, 22+ hour ago (443+ words) Business Upturn Best Health Insurance for Families - A family floater plan pools one sum insured across the whole family — cheaper than individual policies, but one large claim can exhaust cover for everyone - Pre-existing-disease waiting periods are capped at 36 months by…...