News

HSBC Buys Out 50% Of its China-Based Subsidiary

HSBC Insurance (Asia) Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has received approval from the Shanghai office of the China Banking and Insurance Regulatory Commission to acquire the remaining 50% equity interest […]

Global insurance trends

Aetna Survey Finds Expats Want Custom Healthcare Packages

Aetna International has found that 88% of expats in key global markets want the choice to pick their employer health care package inclusions based on their own lifestyles and health concerns, suggesting a desire for greater personalisation.  […]

News

Risk: More Ransomware Attacks on Healthcare Providers

Last month saw an alarming rise in cyber attacks against healthcare facilities, says Radiflow . Ransomware attacks across the globe locked 68 care providers out of their respective networks during Q3 of this year alone, […]

Global insurance trends

Europ Assistance Survey Highlights Home Insurance Opportunities

People need hybrid Business/Contents cover, Cyber protection, Healthcare plans that offer virtual consultations and more; Europ Assistance (“EA”) has announced the findings of their first “Live and Work Well at Home” survey, which was conducted […]

News

Deals: Ascend Broking Buys SMP Healthcare

Essex-headquartered independent commercial and high net worth broker, Ascend Broking, has acquired fellow Chelmsford-based company, SMP Healthcare Insurance Brokers, as part of a strategy focused on significant growth over the next two years. The six-figure […]

Life/Health/Critical illness

Money Week: CII Encourages Conversations About Care

The Chartered Insurance Institute is taking part in Talk Money Week, an annual awareness campaign coordinated by the Money and Pensions Service, by encouraging members to start a conversation with family and friends about later […]

Global insurance trends

GlobalData Snapshot: Portugal Set To Bounce Back

Portugal’s general insurance industry is projected to grow from €5.28bn (US$6.03bn) in 2020 to €6.68bn (US$8.35bn) in 2025 in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. As […]