Emerging Markets
2017 Predictions Part III: Motor-Cyber, India Reinsurance and More
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market ...2017 Predictions Part II: InsurTech, Australia D&O and India Cyber Insurance
InsurTech was an insurance buzzword in 2016, and that's likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm ...
XL Catlin Invests $4M in a Swiss InsurTech Microinsurance Startup
XL Catlin's investment arm committed $4 million in first-round financing to Stonestep, a property/casualty InsurTech startup looking to streamline how microinsurance is sold in emerging markets. The ...
Zurich to Acquire Australian Travel Insurer Cover for $551M
Switzerland's Zurich Insurance Group has agreed to buy Australia's biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian ...
China Broker CNinsure Changing Name to ‘Fanhua Inc.’
CNinsure Inc., a China-based insurance broker, will now be known as "Fanhua Inc." Shareholders voted to change the name during a Dec. 6 meeting. Alongside the name change, the Nasdaq ticker symbol ...
Sharing Economy, New Technology Pose Challenges for Insurers
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat ...
IoT May Be Factor in Soaring Cyber Attacks on Chinese Firms
Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data ...
Emerging Markets to Drive Insurance Sector Growth in 2017: Swiss Re
The global economy is expected to grow moderately over the next two years, supporting continued growth in insurance premium volumes, according to a recent Swiss Re report. Growth in global non-life ...