Browsing: premiums

AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, experienced significant growth in 2024, with a 20% increase in new business value and a 10% rise in annualized new premiums.

First-year premiums in India’s life insurance sector fell by 11.6% in February, while the number of policies and schemes also decreased.

The hospitality insurance sector is undergoing significant upheaval, leading to increased costs and challenges for businesses.

The hospitality insurance market is undergoing a major shakeup, with fewer carriers willing to cover industry risks, causing skyrocketing premiums and increasingly restrictive underwriting practices.

A recent audit highlights the significant insurance premium reductions experienced by Louisiana homeowners who have upgraded their roofs to meet Fortified standards.

New data reveals a sharp increase in vehicle insurance premiums, driven by rising repair costs, weather-related damage, and the prevalence of costly vehicle technology.

The impact of the recent California wildfires is rippling through the property insurance market, leading to higher premiums, stricter policies, and fewer coverage options for homeowners.

Millions of Californians are struggling with escalating health insurance costs, with premiums growing much faster than inflation, impacting both families and small businesses.

Indians are facing higher health insurance premiums due to escalating healthcare costs driven by advanced treatments, inflation, and a rise in chronic diseases.

Generali reports strong financial results, driven by its strategic plan, ‘Lifetime Partner 24: Driving Growth’.