InsureTech

Igloo Secures More Investment, Eyes Expansion in Vietnam & Indonesia

Latest investment funding announced by Igloo, here’s the word; Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, is pleased to announce its investment in Igloo’s US$36 million Pre-Series C funding round, […]

Global insurance trends

Indonesia In Focus For GlobalData

Latest report from GlobalData; Indonesia’s property insurance industry will grow at a compound annual growth rate (CAGR) of 8.7% from IDR26.6 trillion ($1.7 billion) in 2023 to IDR37.1 trillion ($2.4 billion) in 2027, in terms […]

Global insurance trends

GlobalData Predicts 7% Growth In Chinese Insurance Market by 2026

Big growth ahead for Chinese insurance brands says GlobalData and IE agrees. As woke EU and US insurers withdraw from insuring infrastructure, industrial, carbon energy and other non-WEF approved economic activities, there can be only […]

Global insurance trends

Vantage Partners With FinaCom on CFD Dispute Resolution

Some news from the Asia-Pacific region; Vantage, the international multi-asset broker, announces its partnership with the Financial Commission (FinaCom), an independent self-regulatory organisation and an external dispute resolution body for businesses operating in the forex […]

Travel Insurance

Could The Air/Travel Market Recover in Summer 2022?

International air travel will survive the turbulence of any new Coronavirus variants to deliver a strong summer 2022 as demand returns, the US Global Jets UCITS ETF (ticker: JETS) says. The ETF, which is listed […]

Business

Mergers & Acquisitions: Where Is Insurance Sector Headed in 2020?

The volume of mergers and acquisitions (M&A) in the insurance sector increased 10% in 2019 with 419 deals completed worldwide, up from 382 in 2018. Activity was driven by an exceptionally strong first half of the […]

Global insurance trends

Far East Markets: Zurich Makes P&C Buy in Indonesia

As tech underpins insurance systems around the globe via smartphone, email, platforms and app-based portals, consolidation is likely to increase. Here’s some news from Zurich; Zurich Insurance Group has become the largest international property and […]

Motor Insurance

Smart Motorways; We Need Action Not Words, Says RAC

Following the examination of the safety of smart motorways at a session of the Transport Committee, RAC head of roads policy Nicholas Lyes said: “While Highways England feels smart motorways are safe, we know many drivers believe […]