The Financial Services Commission (FSC) of South Korea plans to allow third-party digital platforms to sell non-life and micro-insurance as part of the country’s financial ‘sandbox’ program. … Continue Reading
New sales data from Travel Insurance Direct shows more families and grey nomads are heading on domestic holidays while younger travellers await the re-opening of international borders.
The general insurance industry in Taiwan is projected to grow from TWD188.6bn (US$6.1bn) in 2019 to TWD232.7bn (US$8.3bn) in 2024, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. … Continue Reading
Most eVTOL aircraft seeking to become commercially operational will fail to secure insurance at an affordable price as they will be unable to meet the requirements of insurers, which includes providing them enough data for their underwriters to assess the risks. … Continue Reading
2020 brought change to the world of travel, as many countries closed their borders to visitors, flights were reduced, and lockdown restrictions were implemented across the world. … Continue Reading
Amid the COVID-19 pandemic induced push towards digitization, there are opportunities for insurance companies to identify new distribution channels. … Continue Reading
The general insurance market in Indonesia, in terms of gross written premium, is projected to grow from IDR63.87 trillion (US$4.50bn) in 2020 to IDR77.53 trillion (US$5.17bn) in 2025, according to GlobalData, a leading data and analytics company. … Continue Reading
The general insurance industry in Australia is projected to grow from AUD76.3bn (US$51.8bn) in 2020 to AUD98.0bn (US$66.9bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. … Continue Reading
The proposed increase in foreign direct investment (FDI) limit in the insurance sector in India from 49% to 74% is expected to accelerate growth, according to GlobalData, a leading data and analytics company. … Continue Reading
AARDY.com is one of the leading travel insurance market places in the US. Founded by serial entrepreneur Jonathan Breeze, a former Royal Air Force pilot. … Continue Reading
