Posts tagged as "Business"
Canadian life insurance new annualized premium reached a historic high of $2.3 billion in 2025, marking a 9% increase from the previous year, according to LIMRA’s Canadian Individual Life Insurance Sales Survey. This milestone highlights the sector’s robust performance despite broader economic pressures, fueled by advancements in digital tools and broader product offerings. The Canadian […]
The European Union is intensifying efforts to strengthen its economic edge and streamline operations for companies across the bloc. With EU leaders convening in Brussels for a key summit on March 19-20, 2026, discussions center on enhancing the single market, addressing high energy prices amid global tensions, and cutting administrative hurdles that slow business activity. […]
Promotional rewards tied to new insurance policies are drawing attention in New Zealand, as industry observers and consumers question how these offers affect long-term customers already facing rising premiums. A recent campaign offering Prezzy cards to individuals taking out new cover has triggered discussion about pricing structures across the general insurance market. While such promotions […]
The International Underwriting Association (IUA) has rolled out a comprehensive online platform to strengthen support for professionals entering the London company market. This centralized digital resource consolidates educational content, event details, and development tools through the established IUA Futures initiative, targeting individuals in the initial stages of their underwriting and claims careers. Ela Metalia, who […]
Vietnam’s manufacturing sectors are increasingly embracing sustainable and eco-friendly practices, attracting substantial interest from both local and global partners. This shift aligns with worldwide demands for innovation, environmental responsibility, and resilient economic progress. Private sector confidence continues to rise as a core engine of Vietnam’s economy. Partners now provide comprehensive support that extends beyond funding […]
As organizations increasingly integrate generative AI, machine learning models, and autonomous AI agents into operations, new liability scenarios surface that traditional policies often overlook or only implicitly address. These include erroneous AI outputs (such as hallucinations in chatbots or flawed decision-making), algorithmic bias leading to discrimination claims, intellectual property disputes from training data, model underperformance […]
The Markets in Crypto-Assets (MiCA) regulation establishes the European Union’s comprehensive, harmonized approach to overseeing crypto markets. Effective since June 2023, with stablecoin rules activating in mid-2024 and the complete regime from December 30, 2024, MiCA creates a single licensing system valid across all 27 EU member states via passporting rights. This unified structure replaces […]
In this article: Uber’s new all-in-one insurance policy explained Fixing coverage gaps and changing how partners pay The global legal patchwork: US, Europe, UK, and Asia Uber has teamed up with insurance companies Marsh and Apollo to launch a dedicated insurance policy for autonomous vehicles (AVs). The companies claim it is an industry first. Why […]
Africa’s banking and insurance industries are undergoing a profound digital transformation driven by mobile technology, artificial intelligence (AI), and evolving consumer expectations. As more people access financial services through smartphones and digital platforms, financial institutions are rethinking how they design, deliver and secure their services. A mobile-first generation across the continent is increasingly relying on […]
India has introduced targeted relaxations in its foreign direct investment (FDI) regulations for entities from countries sharing land borders, including China. This policy update, approved by the Union Cabinet, focuses on specific manufacturing sectors and aims to streamline processes while maintaining safeguards. The revisions primarily target electronic components, capital goods, solar cells (including polysilicon and […]
The Philippines–UAE Comprehensive Economic Partnership Agreement (CEPA) represents a landmark development in bilateral relations, marking the Philippines’ inaugural free trade pact with a Middle Eastern nation. Signed on January 13, 2026, in Abu Dhabi—witnessed by Philippine President Ferdinand R. Marcos Jr. and UAE President Sheikh Mohamed bin Zayed Al Nahyan—the agreement took shape after negotiations […]
In the rapidly evolving insurance landscape, artificial intelligence adoption has surged dramatically. Recent analysis from Evident reveals an 87% year-over-year rise in AI deployments across the sector. Among leading insurers, around 40% already experience measurable improvements, primarily through enhanced productivity (77% of reported benefits), alongside emerging revenue contributions. McKinsey highlights generative AI’s substantial potential, estimating […]