Browsing: insurance

Travelers Cos. Inc. agrees to sell its Canadian personal and most commercial insurance businesses to Definity Financial Corp. for approximately $2.4 billion.

Travelers Cos. Inc. has agreed to sell its Canadian personal insurance business and most of its Canadian commercial insurance business to Definity Financial Corp. for approximately $2.4 billion.

Fraternal life insurance organization marks anniversary with recognition of its mission-driven approach and commitment to supporting women and communities

New research from Equisoft and the Life Insurers Council highlights the importance of customer experience in driving digital transformation among small and medium-sized insurers.

Specialty insurer Slide Insurance Holdings Inc. has filed for an initial public offering, capitalizing on recent successful insurance IPOs despite limited market activity.

The Financial Conduct Authority (FCA) has revoked the regulatory permissions of Manchester-based life insurance distributor Compared Life Ltd, effective May 21, 2025.

The combined net surplus of mutual benefit associations (MBAs) in the Philippines decreased by 25.21% to PHP1.59bn ($28.67m) in the first quarter of 2025, according to the Insurance Commission (IC).

Several insurance companies have announced new leadership appointments across various roles.

ULIPs combine life insurance and investment, but come with high costs, limited flexibility, and market-linked risks. Experts suggest separate investments in mutual funds and term life insurance as better alternatives.

Two lawsuits filed in Los Angeles allege 25 major insurance companies colluded to limit coverage for homeowners in high-risk wildfire areas, forcing them onto California’s FAIR insurance plans