Aiming to provide cover to people in case of defective property titles and related issues, insurance regulator IRDAI on Friday proposed introducing a new product in India, ‘Title Insurance’.
On April 1, the Sri Lankan government paid 300 million rupees ($2 million) as a premium to buy its first national natural disaster cover from the country’s National Insurance Trust Fund.
Universal Insurance Holdings Inc announces completion of previously announced $10 million share repurchase program and authorization of new $20 million share repurchase program.
Eurobase International Group is pleased to announce that Ilka McHugh has joined them as Director of Insurance Solutions.
The increasing cost of attacks launched by hackers is making cyber insurance a major growth area for insurers, said Deputy Prime Minister Tharman Shanmugaratnam.
Professional services giant PwC is to launch a research project that will investigate the potential of blockchain tech in the wholesale insurance industry through a survey and proof-of-concept prototype.