The insurance sector is having trouble adjusting to the new normal, as losses brought on by climate change now routinely approach $100 billion annually, reported Bloomberg citing a Munich Re study.

Explainer: Why the insurance industry is taking over $100 billion hit from climate change losses?

India can certainly boast about having lower divorce rates in the world despite having the second largest population in the world after China. As per statistics, the divorce rate in India is lower than 1%.

Divorce insurance: What is it and why India needs it too?

The insurance regulatory body of India has decided to include mental illness under the coverage offered by various insurance companies. According to the latest advisory from the Insurance Regulatory and Development Authority of India (IRDAI), all insurance providers in the country will have to include provision for mental illnesses in all policies by October 31 this year.

Insurance providers in India instructed to cover mental illnesses in policies

There has been a steady rise in temperature across Asia in the past few weeks and Japan was no exception. According to the national Meteorological Agency, Japan experienced temperatures above 35 Degree Celsius for six days in a row during June – a phenomenon happening for the first time in the country’s history.

Insurance companies provide heatwave coverage amid rising temperatures in Japan

A form of unemployment insurance is going to come up in the United Arab Emirates soon. The vital announcement was made by the cabinet on Monday. This comes as the latest reform introduced by the Gulf nation to attract talent and investment as the economic competition intensifies in the region.

Will expats be covered? UAE to come up with unemployment insurance soon, says PM. Read details here

Diseases are on the rise in today's fast-paced world. At the same time, medical treatment costs are steadily increasing. A health insurance coverage can assist cover the costs of hospitalisation and treatment for a variety of conditions.

Insurance and you: Why and when should you buy it?

The Covid pandemic destroyed healthcare infrastructure and economies worldwide. Hospital bills are getting expensive day by day, and hospitalisation can easily eat through our savings. That is why getting health insurance has become a necessity. India ranked among the lowest when it comes to health expenditure, with an overburdened health system.

Why you must have health insurance in post-pandemic world

Beijing will include more than a dozen fertility services in a government-backed medical insurance scheme for the Chinese capital, state media reported on Monday, supporting those seeking to have babies with China's birth rate at a record low.

To support births, Chinese capital Beijing adds fertility services to insurance coverage

As a money management professional, Eric Diton helps his clients manage complex personal finance issues. But he’s finding that more of them are frustrated by a surprisingly mundane budget item: homeowners’ insurance.

Extreme weather and rising insurance rates squeeze retirees

UK police was in for a shock recently when it pulled over a man, who has been driving without a licence or insurance for over 70 years. According to the Bulwell, Rise Park and Highbury Vale Police, the driver seems to have claimed to be driving without any documentation since the age of 12.

Police pull over a driver in UK, make a breathtaking revelation. Find out what is it

New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told Reuters, underscoring tensions between the two nations.

India likely to block Chinese investment in insurance giant LIC's IPO

As gun violence becomes a little too common in the United States, there has been a massive demand for ‘active shooter’ insurance policies. The rise in demand came as the US started returning to normalcy after a year of repeated lockdowns.

Americans demand 'active shooter' insurance as mass shootings increase

The wife and the mistress of a man who died in a road accident have both been awarded life insurance payouts, Italian news reports said Thursday. The 39-year-old man from Turin, in Italy's north-east, was married with a young son, but also had a stable relationship with another woman.

Bad luck? Mistress and wife win insurance payout after man's death

As COVID-19 second wave has ravaged India, the insurance industry is seeing a marked rise in the number of health insurance premiums. WION brings you the answers of all questions rising in the your mind regarding health insurance policy.

World Business Watch: Health insurance policy sale on rise amid COVID-19 pandemic

The coronavirus pandemic has highlighted the importance of health and life insurance. How should you choose a policy? Are you in a dilemma? Listen to what some of the best minds in the industry have to say on Hard Reset.

Hard Reset: E-Conclave | Rebooting the insurance sector

Who is gaining from the coronavirus pandemic which has now infected over 40 million people worldwide? Insurance companies Insurance companies are making windfall gains.

How insurance companies are profiting off the coronavirus pandemic

In China, Banking & insurance companies announce measures to support Chinese manufacturers which are hardly hit by Coronavirus outbreak.

China: Banking, insurance companies announce measures to support manufacturers facing worst

Pollution crisis, health risks & insurance.

Gravitas: Thanks to pollution, your health insurance premium may be hiked!

Chief Minister YS Jagan Mohan Reddy on Friday launched the YSR Vahana Mitra scheme which provides Rs 10,000 allowance to self-employed drivers of autos, taxis and maxi cabs.

Andhra Pradesh Chief Minister Jagan Mohan Reddy launches YSR Vahana Mitra scheme

Nearly one in 12 employees working in the Lloyd's of London insurance market has witnessed sexual harassment there in the past year and a quarter has seen excessive drinking, according to a culture survey published by Lloyd's on Tuesday.

One in 12 witnessed sexual harassment in Lloyd's insurance market: Survey

Artificial Intelligence has the potential to transform the entire industry and greatly improve the insurance-customer experience.

Opinion: Artificial Intelligence is revolutionising insurance-customer experience

As of 0515 GMT, the sale had received bids 1.03 times the number of shares on offer, according to data from the BSE and the National Stock Exchange.

ICICI Lombard IPO gets fully subscribed

The deal will help MSI, which operates in all 10 markets of the Association of Southeast Asian Nations, cement its position as the No. 1 in the region

Japense insurer MSI to buy Singapore based First Capital Insurance for $1.6 billion

Evacuees who fled the massive wildfire in the Canadian oil hub of Fort McMurray begin to return home, but worry about water contamination and insurance claims

Trepidation lingers as Canada wildfire evacuees begin to return home

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