Sasha Gainullin, Chief Executive Officer of battleface: ‘battleface is proud to offer products that meet the needs of US travelers who face challenging situations in equally-challenging destinations. With battleface, our customers can rely on the fact that their travel insurance is as tough as they are.’

IMF says $10 trillion spent to combat COVID-19 Pandemic, Far more needed

Jun 12, 2020

Investments should focus on improving access to health care and education, strengthening climate protections and broadening the access of low-income households and small business to financial products and technology, IMF Managing Director Kristalina Georgieva wrote.

Insurers’ solid capital levels, growth prospects support stable outlook on Vietnam non-life sector

Jun 12, 2020

A new Best’s Market Segment Report, titled, “Market Segment Outlook: Vietnam Non-Life,” states that Vietnam’s non-life insurance market grew by 12% in 2019 to VND 52.3 trillion (USD 2.2 billion) in terms of direct premiums written (DPW). The health and personal accident and fire classes of business recorded remarkable growth of 20% and 30%, respectively, in 2019, supporting the sector’s overall strong growth. Notably, the primary drivers of business growth have been the health and motor insurance businesses, which registered robust 10-year compound annual growth rates of 27% and 18%, respectively.

Some U.S. P/C lines still challenged despite segment’s overall improvement

Jun 12, 2020

Overall, the P/C industry saw an increase of almost 400% in net underwriting earnings to $4.4 billion, and the industry’s combined ratio improved marginally to 98.8.

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