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Latest Articles
Insurance sector to witness massive growth driven by structural reforms
8+ hour, 4+ min ago (213+ words) MillenniumPost New Delhi: Indiaâs insurance sector is poised for âmassiveâ long-term growth, supported by structural reforms, low insurance penetration, and a favourable regulatory environment, but macroeconomic headwinds and profitability pressures remain key risks, S&P Global Ratings said…...
Bajaj General Insurance, Swiss Re Corporate Solutions sign MoU
11+ hour, 47+ min ago (427+ words) for commercial insurance partnership MediaBrief Bajaj General Insurance and Swiss Re Corporate Solutions have signed an MoU to explore a commercial insurance partnership in India, combining Bajaj General Insurance’s local market presence with Swiss Re Corporate Solutions’ global risk expertise…...
LIC Q1 Results FY27: Net Profit Jumps 23% as Premium Income, New Business Profit Surge; Higher VNB Margins Up
13+ hour, 6+ min ago (562+ words) India's largest life insurer, Life Insurance Corporation of India (LIC), reported a strong start to FY27, posting a 23% year-on-year rise in net profit for the June quarter. The state-owned insurer earned a standalone net profit of Rs 13,492 crore, compared with Rs 10,986 crore…...
Manulife’s Asia business sees profit soar 28% in Q2 2026
5+ hour, 17+ min ago (152+ words) Annualised premium equivalent volume advanced 21% to $1.50b. Manulife’s Asia business reported net income attributable to shareholders of $768m for the second quarter of the year (Q2 2026), up 28% from $600m a year earlier. Core earnings increased by 21% to $616m, from $520m in the second quarter of 2025. Annualised…...
AI in insurance: why the foundation matters more than the technology
12+ hour, 29+ min ago (604+ words) There is currently a lot of enthusiasm in the insurance industry about AI, and that enthusiasm is largely justified. The technology is capable and evolving rapidly, with significant opportunities for its application in underwriting, distribution, customer service and claims. While…...
Bump-up exclusion sinks Zayo's $27 million coverage claim in Delaware
10+ hour, 1+ min ago (202+ words) A Delaware court ruled on August 5, 2026 that a bump-up exclusion wiped out coverage for Zayo Group's $27 million settlement. The Superior Court of Delaware granted the insurers summary judgment and denied Zayo's competing motion, in a dispute that came down to…...
Fursa: War risk insurance for businesses should be mandatory
8+ hour, 17+ min ago (265+ words) Making War-Risk Coverage Mandatory for Businesses: Serhiy Fursa Outlines the Mechanics 112.ua Making War-Risk Coverage Mandatory for Businesses: Serhiy Fursa Outlines the Mechanics. How Compulsory War-Risk Insurance Is Being Debated According to Espreso.tv: Serhiy Fursa has explained how requiring…...
Antares Global confirms permanent leadership structure following van der Straaten's death
13+ hour, 17+ min ago (307+ words) Brokers placing business with Antares Global will see no change to their underwriting contacts following a new leadership structure announced after the death last month of chief executive Michael van der Straaten (pictured), who died unexpectedly after a short illness....
Product exclusion bars insurer's duty to defend fatal crash suit
10+ hour ago (321+ words) A North Carolina appeals court let an insurer walk away from a fatal-crash claim, ruling one product exclusion settled the whole thing. In a decision filed August 5, 2026, the court sided with Mesa Underwriters Specialty Insurance Company (Mesa) against Henson Novelties,…...
DuPont accused of shuffling insurance assets to dodge forever-chemicals payouts
10+ hour, 36+ min ago (448+ words) Insurance Business DuPont accused of shuffling insurance assets to dodge forever-chemicals payouts California sues in "first-of-its-kind litigation" California has turned up the heat on DuPont, accusing the company of restructuring itself specifically to keep money out of reach of the…...