Tag Archives: sector

China’s insurance sector surpass expectations says new regulatory body – money.andronezia.com

China’s insurance sector performed better than expected in the first three months, the new regulatory body tasked with overseeing the country’s financial sector announced at its first working meeting in mid-May. One of its first tasks since being formalized on May 18, the National Financial Administration Regulation reviews the solvency and risk profiles of major… Read More »

Insurance sector looks to change trajectory – money.andronezia.com

11 mins ago Business 1 Views In recent years, India’s insurance sector has shown some signs of mature growth. Between 2013-14 and 2021-22, this sector’s premium grew by an average of 11.3% per year. Several insurers climbed onto a steady profit trajectory. Online channels gained traction, and distribution and business models emerged around them. Eight… Read More »

Sector is Expected to Reach $31.5 Billion by 2032 at a CAGR of 6.2% – money.andronezia.com

DUBLIN, May 5, 2023 /PRNewswire/ — The report “Global Insurance BPO Services Market 2022-2032 by Service Type, Insurance Type, Operation, Deployment Type, Application, Organization Size, and Region: Trend Forecast and Growth Opportunity” has been added to the report ResearchAndMarkets.com offer. The global insurance BPO services market will be reached $31,569.1 million in 2032, growing by… Read More »

Mainland appetite set to boost HK insurance sector – money.andronezia.com

Chen Jiaqi visited the Hong Kong Special Administrative Region last month for the first time in nearly three years after the resumption of normal travel between SAR and mainland China. Apart from taking a look at the city’s famous Victoria Harbor and going for some much-anticipated shopping, another priority on her to-do list was picking… Read More »

“Living without fraud in the insurance sector is a utopian dream” – money.andronezia.com

6 mins ago Business 4 Views Insurance fraud poses a genuine risk that requires industry stakeholders to take proactive action, especially in a rapidly evolving landscape that gives rise to new types of risk. Insurers need to adopt a comprehensive agenda covering various departments such as business, compliance, legal, underwriting and operations to address these… Read More »

Cancer survivors to benefit from insurance sector ‘right to be forgotten’ move – The Irish Times – money.andronezia.com

Thousands of cancer survivors will benefit from the introduction of the “right to be forgotten” when applying for mortgage protection insurance. Insurers will waive a cancer diagnosis where treatment ends more than seven years prior to application under a code of practice to be announced by Insurance Ireland on Monday. If the applicant is under… Read More »