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The tragic collapse of the Francis Scott Key Bridge in Baltimore on March 26, 2024, sent shockwaves through the nation. This critical infrastructure failure, allegedly caused by a cargo ship collision, highlighted the importance of bridge safety and exposed a potential gap in the insurance landscape. However, in the aftermath, a surprising trend emerged: a … Read more
Ceylinco Life Insurance Limited, a household name in Sri Lanka, celebrates its 20th anniversary in 2024. Two decades of unwavering market dominance in a competitive landscape is no small feat. This article delves into the secrets behind Ceylinco Life’s success, exploring the key factors that have propelled them to the forefront of the Sri Lankan … Read more
In a landmark decision with far-reaching implications for the Australian insurance industry, the Federal Court of Australia ruled in favor of Auto & General Insurance Company Limited (Auto & General) in March 2024. The Australian Securities and Investments Commission (ASIC) had challenged a specific clause in Auto & General’s home and contents insurance contracts, arguing … Read more
In a move that surprised some industry analysts, Fathom Holdings Inc. (NASDAQ: FTHM), a leading national real estate services platform, announced the divestiture of its subsidiary, Dagley Insurance, on May 2nd, 2024. This article explores the details surrounding this decision, analyzing the potential motivations behind it and its impact on Fathom’s future strategy. Fathom’s Rise … Read more
The first quarter of 2024 concluded with a flurry of earnings reports from insurance companies across various sectors. On May 6th, two major players in the industry, ProAssurance and CNA Financial Corporation (CNA), released their Q1 financial results, offering valuable insights into current trends and challenges within the insurance landscape. This blog post delves into … Read more
In the dynamic landscape of Indian life insurance, ICICI Prudential Life Insurance Company Limited (ICICI PruLife) stands tall as a leading player. Established in 2001 as a joint venture between ICICI Bank, India’s second-largest private bank, and Prudential Corporation Holdings Limited, a global insurance giant, ICICI PruLife has carved a niche for itself. This blog … Read more
In today’s fast-paced world, convenience reigns supreme. This extends to the realm of insurance, where consumers increasingly seek streamlined processes and a hassle-free experience. Enter Blue Zebra Insurance (BZI), a disruptive force in the Australian insurance market, leveraging automation to revolutionize the way people shop for and manage their home and car insurance. This blog … Read more
California, the Golden State, is known for its sunshine and laid-back lifestyle. However, residing in paradise comes with its fair share of risks. Earthquakes, wildfires, and floods are a constant threat, making comprehensive home insurance a necessity for California homeowners. In this dynamic landscape, Travelers Insurance is rapidly gaining popularity. This blog post delves into … Read more
In today’s data-driven world, businesses of all sizes grapple with the challenge of managing complex financial processes. Spreadsheets, once the workhorse of financial analysis, are increasingly seen as cumbersome and error-prone. This is where Optalitix Limited steps in, offering a revolutionary approach to streamlining financial operations with the power of artificial intelligence (AI). About Optalitix … Read more
Hong Kong and the mainland China city and financial hub of Shanghai are looking to co-operate on a range of financial initiatives, with one of them being insurance-linked securities (ILS). Representatives of the respective governments, financial regulators and exchanges met last week to discuss how to further enhance financial co-operation between Hong Kong and … Read more