Tag Archives: industry

Insurance Industry comes together for life insurance awareness in Mizoram – money.andronezia.com

Aizawl: Tata AIA Life Insurance (Primary underwriter for Life Insurance) and IFFCO-Tokio (Primary underwriter for General Insurance) have driven initiatives in Mizoram to educate citizens about the benefits of insurance and contribute to building a national insurance safety net. The digital campaign for Mizoram in the Mizo language, organized by Tata AIA Life Insurance using… Read More »

Insurance industry set for Final Sustainable Finance Ro… – money.andronezia.com

8 mins ago Business 1 Views The Financial Sector Conduct Authority (FSCA) plans to organize stakeholder engagements and public workshops with the aim of releasing a Final Sustainable Finance Roadmap during this year. It is estimated that South Africa holds 70% of the African premium insurance industry market. Officially launched in April 2021, the Nairobi… Read More »

Singapore’s life insurance industry to be worth S$100.4b in 2027 – money.andronezia.com

The demand for whole life insurance has increased due to the awareness caused by the pandemic. Singapore’s life insurance industry is set to grow to $77 billion (S$100.4 billion) by 2027 in gross written premium (GWP) terms, according to data and analytics firm GlobalData. This represents a compound annual growth rate or CAGR of 9.8%… Read More »

General Insurance Industry Premium Grows 16% In Fy23 – money.andronezia.com

7 mins ago Business 1 Views The independent health insurance sector increased its premiums by 26 per cent to Rs 26,242 crore in FY23. During March, the general insurance industry and the independent health insurance industry experienced premium growth of 11 percent and 21 percent, respectively. General insurance industry premiums grew at a healthy pace… Read More »

Congress doesn’t have to fix the health insurance industry, but it can help us work around it – money.andronezia.com

In addition to former President Donald Trump’s repeal of Obamacare’s individual mandate, every Republican attempt to repeal the Affordable Care Act since its inception in 2010 has either failed or been toppled by President Joe Biden. As a result, health care has become less affordable and accessible over time. Nearly half of respondents to a… Read More »

Captive insurance industry news | Mosaic Insurance opens new Singapore office and bolsters APAC team – money.andronezia.com

Mosaic Insurance has opened an office in Singapore and hired two dedicated underwriters to build its transactional liability business across the APAC region. Benn Wilson will serve as regional CEO and Asia head for Mosaic’s transactional liability division, while Edwin Chau is appointed transactional responsibility manager. Wilson specializes in the M&A insurance sector. Prior to… Read More »

Visa, Mastercard pause crypto push in wake of industry meltdown – sources – money.andronezia.com

Feb 28 (Reuters) – US payments giants Visa (VN) and Mastercard (MA.N) abandoned plans to forge new partnerships with crypto firms after a series of high-profile crashes shook confidence in the industry, people familiar with the matter told Reuters. The crypto industry is seeing a stunning wealth reversal in 2022 as the bankruptcy of industry… Read More »

Statement from Carrie Martinelli, Vice President, Talent, Selective Insurance, on Insurance Careers Month and the Benefits of a Unique Career Path in the Industry

BRANCHVILLE, NJ, February 22, 2023 /PRNewswire/ — February is Insurance Career Month, a time to celebrate the industry’s positive impact on society and the vast career opportunities it offers to nearly 3 million people United States of America. The insurance industry relies on its diverse and talented workforce to assess risk, ensure customers have appropriate… Read More »

Captive insurance industry news | VCIA to send representatives to Mexico to highlight Vermont’s captive insurance industry – money.andronezia.com

The VCIA will be sending representatives to Mexico to highlight Vermont’s captive insurance industry The State of Vermont and the Vermont Captive Insurance Association (VCIA) will send a delegation of government, regulatory and industry representatives to Mexico to highlight Vermont’s captive insurance industry. This initiative was originally planned for March 2020, but was postponed due… Read More »