trending Market Intelligence /marketintelligence/en/news-insights/trending/dzVqzUEREw2DVeD-XBXrqg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Swiss Re Corporate Solutions unveils parametric water-level insurance

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Swiss Re Corporate Solutions unveils parametric water-level insurance

Several insurance companies disclosed new products and coverage enhancements in recent days.

Life and health

China Taiping Insurance (Singapore) Pte. Ltd. launched its life business in Singapore after securing a license in August 2018 from the Monetary Authority of Singapore to engage in life insurance and general insurance business, The Business Times reported.

-----------------------------

Nationwide is offering the Nationwide Indexed Universal Life suite, adding two indexed universal life products to its portfolio of financial solutions. Nationwide Indexed Universal Life Accumulator II offers permanent coverage and the potential for cash value growth to supplement retirement income, while Nationwide Indexed Universal Life Protector II is focused on low-cost life insurance protection.

-----------------------------

Sunz Insurance Solutions LLC will use Cimarron Insurance Co. Inc.'s Cover One and Cover Two products. The products will provide workers' compensation insurance solutions to SUNZ policyholders who have professional employer organization clients who do not qualify for coverage under the master policy. Cover One is a single employee owner workers' compensation insurance program, and Cover Two is designed for use with single owner-operator trucking firms.

Property and casualty

Randall & Quilter Investment Holdings Ltd.'s European subsidiary, Accredited Insurance (Europe) Ltd., signed a program underwriting partnership with Kitsune Ltd., a U.K.-based managing general agent that provides private motor insurance.

-----------------------------

Co-operators Group Ltd. started offering storm surge insurance in Quebec. Co-operators Comprehensive Water insurance offers protection from the most common causes of residential flood and water damage including storm surge, overflowing lakes, rivers and creeks and sewer or septic backup.

-----------------------------

Dubai-based Union Insurance Co. P.J.S.C. linked up with Sharaf Exchange to launch Emergency Travel Assistance Insurance, as part of the latter's customer loyalty program, Usrati. The insurance provides a roundtrip plane ticket in case of an emergency. Sharaf Exchange will absorb the cost of the policy for the members.

-----------------------------

Zurich Malaysia partnered with financial products comparison website Loanstreet to sell insurance for motorcycles online. The partnership will also allow motorists to renew road tax online, Insurance Business reported. Loanstreet is operated by Malaysian firm Finology.

-----------------------------

Swiss Re Corporate Solutions Ltd. launched FLOW, an index-based parametric water-level insurance designed to protect European companies from the financial impact of high or low river water levels.

-----------------------------

Homeowners of America Insurance Co. expanded into North Carolina.

-----------------------------

Berkshire Hathaway Travel Protection launched WaveCare, which provides travel insurance for cruise travelers. Berkshire Hathaway Travel Protection is the trade name for the travel protection products and services of Berkshire Hathaway Specialty Insurance Co.

-----------------------------

MS Amlin PLC increased its capacity for fixed premium protection and indemnity risks through Belgium-based MS Amlin Insurance SE by $400 million to $500 million, effective Jan. 1, The Insurance Insider reported. The company also continues to deploy up to $1 billion of capacity through its Netherlands-based marine managing agency MS Amlin Marine NV.