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CHOICE response to APRA Quarterly Health Insurance Statistics (March 2020)

May 20, 2020 Insurance No Comments

Quotes attributable to CHOICE Health Campaigner Dean Price: … Continue Reading

Etiqa extends COVID-19 relief to annual travel insurance and private car customers

May 12, 2020 Insurance No Comments

Amid lifestyle disruptions caused by the COVID-19 situation and local circuit breaker measures, Etiqa is extending goodwill relief to eligible annual travel and private car insurance customers. … Continue Reading

Business interruption insurers set for significant rise in claims due to COVID-19, says GlobalData

April 30, 2020 Insurance No Comments

Following the news that the ABI has predicted that COVID-19 non-life related claims will exceed £1bn; … Continue Reading

Australia’s insurance industry to decline in 2020 due to Covid-19, says GlobalData

April 21, 2020 Insurance No Comments

Australia’s insurance industry is poised for a decelerated growth over the next five years due to the challenging business environment and coronavirus (Covid-19) outbreak. As a result, the country’s insurance industry is projected to decline by 1.3% from AUD115.7bn (US$80.5bn) in 2019 to AUD114.1bn (US$77.5bn) in 2020, according to GlobalData, a leading data and analytics company. … Continue Reading

Life insurance claims set to spike amid coronavirus pandemic, says GlobalData

April 16, 2020 Insurance No Comments

Life insurance is a sector where insurers are set to struggle against the vast number of claims, with France set to be hit the hardest, says GlobalData, a leading data and analytics company. … Continue Reading

Insurance providers decision to withdraw cover creates another barrier for future travel, says GlobalData

April 6, 2020 Insurance No Comments

Following the news that more insurance companies are withdrawing travel cover related to the outbreak of the coronavirus (COVID-19); … Continue Reading

nib Reaffirms Commitment to Supporting Travellers And Partners

April 1, 2020 Insurance No Comments

nib Travel (including brands SureSave and nib Travel), supported by nib Group, remains committed to working with our partners and supporting them as we navigate the COVID19 crisis together. … Continue Reading

Prudential Provides “Free COVID-19 Protection” to Battle Pandemic Together with Hong Kong Residents

March 30, 2020 Insurance No Comments

In light of the COVID-19 pandemic, Prudential Hong Kong Limited (“Prudential”) today announced an enhanced effort to support the community by providing Free COVID-19 Protection for all Hong Kong residents. … Continue Reading

Japan’s motor insurance business to face stagnation over next four years due to Covid-19 outbreak, says GlobalData

March 30, 2020 Insurance No Comments

Motor insurance, which is a dominant business line in the Japanese general insurance market, is set to witness stagnation over the next four years due to the coronavirus (Covid-19) outbreak, says GlobalData, a leading data and analytics company … Continue Reading

Frontline workers face life insurance claims denials

March 27, 2020 Insurance No Comments

Super Consumers Australia is urgently calling for super funds to remove pandemic exclusions from their life insurance policies. … Continue Reading

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