Brexit-induced controls at the UK/EU border creates an opportunity for goods in transit (GIT) insurers to adapt their products as the nature of risks change, while increased red tape will drive premiums up, says GlobalData, […]
The life insurance industry in Thailand is projected to grow from THB602.4bn (US$19.2bn) in 2020 to THB686.9bn (US$22.8bn) in 2025, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics […]
National insurance brokers in the UK are once again looking towards upselling, acquisition and marketing to grow their business and recover from an extremely challenging 2020, according to GlobalData survey data. GlobalData’s 2021 UK Commercial […]
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated all general and health insurers in the country to offer standard personal accident insurance ‘Saral Suraksha Bima’ from 1 April 2021. This product with […]
Europe’s insurance industry saw a rise of 42.2% in overall deal activity during Q4 2020, when compared to the four-quarter average, according to GlobalData’s deals database. A total of 64 deals worth $3.7bn were announced […]
The UK supreme court has adjudged that the insurers will have to pay small firms for their COVID-19 losses, which will hit the profits in the short-term. Consequently, this decision may save the collapsing reputation […]
The general insurance gross written premium in Thailand is projected to grow from THB253.6bn (US$8bn) in 2019 to THB285.6bn (US$9.4bn) in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Thailand’s […]
The Insurance Regulatory and Development Authority of India’s (IRDAI) plan to standardize cyberinsurance product is expected to give impetus to its growth in the country, according to GlobalData, a leading data and analytics company. There […]
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