WORLD INSURANCE
Insurance startup Lemonade raises $300 million to fuel expansion
(Reuters) - Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan’s SoftBank Group Corp…
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Scottish Widows gives a safety net to thousands of families by paying out over 98% of protection claims
Last year, 99.3% of life claims and 94.1% of critical illness claims were paid out by Scottish Widows, according to…
Allianz appoints new regional underwriting manager from QBE
UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit.Hesketh joins as the new…
Munich Re's ERGO sells three insurance subsidiaries to Generali in consolidation strategy
Munich Re's primary insurance unit ERGO Group is selling its life, non-life and composite portfolios in Hungary and Slovakia to…
Kuwait to impose compulsory health insurance fees for expats
Kuwaiti Health Minister Bassel Hamoud Al-Sabah has ordered that a committee be formed to impose compulsory health insurance for foreigners…
Lloyd's broker Matrix strikes strategic partnership with Howden
Matrix, an insurance and reinsurance broker at Lloyd's, has entered into a strategic partnership with Howden Broking Group, following the…
Sale of SBI Life shares by BNP Paribas Group
BNP Paribas announces the sale on the Bombay Stock Exchange of 50.74 million shares of SBI Life (i.e. 5.07% of…
