South African insurance GWP is set to decline in 2020 as businesses shut up shop, and the country’s faltering economy will struggle to cope, according to GlobalData, a leading data and analytics company. GlobalData’s revised […]
Economic uncertainty and declining financial markets are expected to impact a range of Dutch insurance products, says GlobalData, a leading data and analytics company. GlobalData insurance analyst, Deblina Mitra, commented: “A rise in economic uncertainty […]
The UK insurance industry saw a drop of 6.5% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database. A total of 29 deals worth $4.86bn […]
The growth of the sharing economy, a system in which assets or services are shared between private individuals, has been relentless, and it has shaken up the way the insurance industry has traditionally understood liabilities. […]
Total insurance industry deals for December 2019 worth $14.31bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 233.5% over the previous month and a rise of 224.4% when compared […]
There is a substantial gap between the types of insurance held by renters and mortgage owners, with 34.9% and 25.5% of people with a mortgage taking out life insurance and income protection, respectively, while corresponding […]
High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, […]
Ageas has partnered with SightCall to leverage the benefits of the latter’s real-time video claims platform for its household policyholders. The competitive nature of the home insurance market means that any differentiator, particularly in the […]
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