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French and British drivers make least amount of motoring claims
DUBAI: If you have ever driven in the Middle East, you will be all too aware of the challenges, whether…
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15% insurance discount for safe drivers in Saudi Arabia
RIYADH: To minimize car accidents, insurance companies have been ordered to keep offering safe drivers a discount of up to…
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Saudi Insurance companies’ approval not necessary to treat emergency cases
The Council of Cooperative Health Insurance has confirmed that treating emergency cases no longer requires prior approval from insurance companies,…
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Insurer Lloyd’s of London slides into heavy loss
LONDON: The insurance market Lloyd’s of London on Wednesday announced a first annual loss in six years following a series…
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Insurance companies are ready to dip their toes into the unregulated sea of cryptocurrencies, offering protection from theft and large-scale heists.
A MARKET RIPE FOR ENTRY As of this moment, you can count the number of cryptocurrency insurers – such as…
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Climate Change Worsens Effects of Natural Disasters, Costing Farmers Billions of Dollars
Natural disasters from droughts to floods are costing farmers in poorer countries billions of dollars a year in lost crops…
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Uber suspends self-driving car tests after pedestrian death
FLAGSTAFF, Ariz. — A self-driving Uber SUV struck and killed a pedestrian in suburban Phoenix in the first death involving…
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AXA agrees to buy XL
AXA says $15bn deal will propel it to number one in P&C commercial AXA said it has agreed to buy…
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Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft
Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security…
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AXIS’ A.M. Best Ratings Revised to Negative; Insurance Arm Blamed
AXIS Capital Holdings’ money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based…
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