Big Data

Data Storage, Power Consumption: It’s a Future Challenge

We love data here at IE mag. It powers the insurance industry, sets pricing, catches fraudsters and sometimes predicts the future. Not picking the winner in the 3.30 at Chepstow type future, but trends like […]

Global insurance trends

GlobalData Has China’s Motor Sector in Focus

Latest report from GlobalData has a look at China, specifically the Motor sector. It’s going to be inetresting to see what the claims ratios look like once China switches to 60-70% EV and hybrid vehicles. […]

Global insurance trends

Taiwan GI Market in Focus for GlobalData

Latest from GlobalData; The Taiwanese general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.4% from TWD248.1 billion ($8.4 billion) in 2023 to TWD317.8 billion ($11.3 billion) in 2027 […]

Insurance claims

China Typhoon May Impact Supply Chain

An update on the severe weather event in China, which may well affect the supply chain for many insurers and claims specialists; Container xChange is closely monitoring the severe flooding caused by torrential rains and […]

Global insurance trends

Fanhua Launches Open Platform in China

The Life and healthcare insurance sectors in China look set to undergo changes as technology emplowers both consumers and insurers. Here’s some news on an open platform launch; Fanhua Inc. (“Fanhua” or the “Company”) (Nasdaq: […]

Global insurance trends

Chubb Increases Stake in Chinese Insurance Brand

Interesting move for Chubb, here’s the word; Chubb Limited (NYSE: CB) has announced that it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance […]

Global insurance trends

China Life Sector in Focus, Latest From GlobalData

Here’s the latest market snapshot from GlobalData. China is a country wehre the pndemic and its lockdowns continue to have a serious effect on people’s health. Recent relaxation of the one child policy, with the […]