News Page 678 / 912
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- January 8 2018
Indian insurers launch financial services blockchain
It is hoped the project will rein in costs for companies running medical tests and evaluations.
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- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- January 5 2018
Allianz plans to double Asian investment
The company's property unit aims to double its investments in Asia over the next three years.
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- January 4 2018
Global insurance M&A hits US$49 billion in 2017
The deal volume was on a par with the figure from 2016, despite one of the worst loss years on record.
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- January 4 2018
IAG cuts catastrophe reinsurance cover
Under the new programme, its gross main cover for the first catastrophe event would drop by A$970m.
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- January 4 2018
Korea doubles number of insurance patents
The increase is credited in part to the implementation of IFRS17, which has helped to drive innovation.
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- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
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- January 3 2018
Aegon to sell part of life reinsurance unit to Scor
The deal is part of its strategic goal of reducing the amount of capital allocated to run-off businesses.
