Insurance DECODED
Latest edition: 15 May 2024
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Spotlight
UK insurance group Jensten announces business restructuring
Jensten, a UK-based insurance broking and underwriting company, has unveiled a restructuring plan designed to foster growth and enhance the integration of its acquisitions.
Latest news
Arch launches parametric event insurance cover
Arch Insurance International, a division of Arch Capital Group, has introduced a parametric event insurance solution.
India general insurance sector to touch $57.3bn by 2028
The general insurance industry in India is set to grow at a CAGR of 9.9% from INR3.35trn ($40.36bn) in 2024 to INR4.89trn ($57.3bn) in 2028, in terms of gross written premiums (GWP).
Everest Insurance starts operations in Australia
Everest Insurance, part of the Bermuda-based Everest Group, has initiated its Australian operations following approval from the Australian Prudential Regulation Authority.
AXA, UPU partner to deliver insurance to underserved communities
AXA and the Universal Postal Union (UPU), a UN-backed specialist agency, have teamed up to expand inclusive insurance through postal networks.
DWF signs insurance AI Code of Conduct
Provider of integrated legal and business services DWF has signed onto the AI Code of Conduct for the insurance claims sector.
Tata AIG introduces insurance for Indian space industry
Indian general insurer Tata AIG has unveiled a Satellite In-Orbit Third-Party Liability Insurance policy to address the demands of the country’s rapidly expanding space industry.
Larger-sized SMEs are more inclined to leverage credit for insurance purchases
GlobalData surveying has found that larger-sized SMEs are more likely to use credit to pay for their insurance purchases. Meanwhile, research from Premium Credit has found that the number of SMEs using credit to purchase insurance is growing.
Digital Transformation in Insurance Conference 2024
Applied Digital Corporation, a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing applications, announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time.
In our previous edition
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SunCar Technology teams up with Xiaomi's insurance affiliate
14 May 2024
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Blackstone announces plans to take I'rom Group private
13 May 2024
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Aurora partners AXA to launch new management liability policy
10 May 2024
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