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Browsing: premiums
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a warning to insurance companies regarding rising commission payouts, which are contributing to increased premiums for customers. The regulator has urged insurers to take corrective action.
The Insurance Regulatory and Development Authority of India (IRDAI) has cautioned insurance companies regarding elevated commission payouts, which are contributing to higher premiums for consumers. The regulator has mandated corrective action to curb these commissions, or face potential limitations.
In 2023, MetLife, headquartered in New York, led the U.S. life and health insurance market with $92 billion in direct premiums written. The following data shows the leading companies from 2019 to 2023.
AM Best’s report highlights the resurgence of Thailand’s non-life insurance sector, driven by increased premiums and improved underwriting gains.
Sun Life Philippines and Pioneer Insurance emerged as leaders in the life and nonlife insurance sectors, respectively, based on 2024 data from the Insurance Commission.
Learn about the process of reinstating a lapsed life insurance policy, including requirements, benefits, and how to avoid a lapse in the first place.
Iowa homeowners are experiencing significant increases in their insurance premiums due to a combination of factors, including increased catastrophic losses, inflation, and rising reinsurance costs.
Rising premiums and policy nonrenewals are causing concern in the pet insurance sector, with some experts questioning its long-term viability.
Analysis of projected home insurance premium increases across U.S. counties, highlighting significant rises in certain areas.
State Farm is increasing homeowners insurance premiums in California due to wildfire risks, prompting scrutiny from state officials and raising concerns about climate change impacts.