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Earnix and Guidewire partner to integrate solutions
Guidewire, an answer ecosystem for the property-casualty industry, and Earnix, a provider of real-time rating, analytical underwriting, dynamic pricing, personalization and telematics services for the insurance industry, have announced a collaboration to facilitate faster adoption and increased ongoing performance of their shared offerings. Earnix has joined Guidewire PartnerConnect as an answer partner on the Select […]
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AXA Completes Sale of Singapore Business to HSBC
AXA announced it has accomplished the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc, accomplished the acquisition of 100% of the issued share capital of AXA Singapore, in a deal that was first announced in August 2021. AXA Singapore […]
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Triple-I Blog | Dear California:As You Prep for Wildfire, Don’t Neglect Quake Risk
It’s necessary for people living in earthquake-prone areas to do not forget that standard homeowners and renters insurance don’t cover most earthquake damage. For that reason, Janet Ruiz, Triple-I’s California-based director of strategic communication, advises people within the state to think about buying a policy that, at a minimum, covers the structure, constructing code upgrades, and emergency repairs. […]
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Walmart, CVS, Walgreens Ordered to Pay $650 Million Over Ohio Opioid Sales
Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. were ordered to pay a complete of $650 million over their failure to properly monitor opioid prescriptions in Ohio, within the drug industry’s latest setback within the sprawling litigation over the painkillers. A federal judge in Cleveland on Wednesday ruled that the businesses must pay […]
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Restaurants Facing Latest Challenges These Days: Getting More From Insurance Coverage
If the past two years have taught us anything, it’s that anything can occur. There are dozens of unexpected possibilities that might leave what you are promoting financially liable or could otherwise discourage guests from returning. And within the restaurant industry, that lesson is very clear. For restaurant owners and operators, having a full understanding […]
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India Approves As much as 20% Foreign Direct Investment in Giant Insurer LIC
India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of as much as 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed toward easing the listing of the state-run insurer. India’s biggest insurance company plans to drift a stake of 5% to lift about $8 billion […]
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Insurers Must Be Higher Prepared for Impact of Climate Change: BoE
Insurers must plug data gaps to be higher prepared for the impact of climate change on their operations and further work could also be needed on how much capital they need to hold, the Bank of England (BoE) said on Wednesday. The BoE has just published the final result of its first climate-related stress test […]
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6 Popular SBI Investment Plans for five Years in India
6 Popular SBI Investment Plans for five Years in India One in all the things in our life that matters essentially the most is happiness. And happiness is available in abundance when all the pieces is settled and well-managed. Whether it’s the education of your kids or planning your retirement, all the pieces must be […]