Browsing: economy

The insurance industry faces broader repercussions from the administration’s economic policies, potentially raising costs for consumers and impacting company profits.

New business premium fell sharply in February due to a decline in LIC performance. Private insurers showed muted growth.

An analysis of the anxieties of U.S. life and annuity issuers amidst global economic uncertainties.

As hurricanes continue to batter Florida, the rising cost of homeowner’s insurance is putting a strain on residents, leading many to question their ability to remain in the state.

Homeowners are facing increased financial burdens as property taxes and insurance premiums climb, adding to the already high costs of homeownership.

New tariffs on Canadian imports implemented by the U.S. are expected to drive up the cost of building materials, potentially leading to higher home insurance premiums for Canadians.

Azerbaijan has announced updated calculations for motor vehicle insurance payments. Access to detailed information is available through paid subscriptions.

Learn about the factors contributing to the increase in car insurance rates in the United States.

The Indonesian General Insurance Association (AAUI) anticipates hurdles for the upcoming mandatory vehicle insurance policy set to launch in January 2025, citing low financial literacy and limited insurance penetration as potential obstacles.

The Financial Services Authority (OJK) has clarified that the implementation of mandatory vehicle insurance in Indonesia, initially slated for January 2025, is pending the issuance of government regulations. The specific start date and other details are still being drafted.