This is a bit old news now – but many of you might not know that LIC has relaunched its term plans (offline) a few weeks ago. LIC now has two term plan policies called Anmol Jeevan II (below Rs 25 lakh sum assured) and Amulya Jeevan II (above Rs 25 lakh sum assured), and…
A global shift towards personalization Around the world, major insurers are racing to move beyond fragmented, channel-specific personalization. The goal: To deliver highly personalized experiences at every touchpoint, whether digital or human-assisted, using real-time data and AI. This shift is evident in the strategies of major players such as Aviva in the UK, which has…
Denial-of-service attacks that take platforms offline during peak betting windows Cyber Extortion, Where Hackers Demand Ransom, Knowing Downtime Is Extremely Expensive Account takeover, in which hackers infiltrate player accounts to steal credit or personal information Database breach affecting player-membership information, including sensitive identification data Learning from the 2023 Las Vegas…
China’s global investment strategy and industrial ambitions The acquisition of Wright USA is part of a broader pattern of Chinese investment in developed economies. EdData, a research laboratory at William & Mary, has documented that since 2000, Chinese state-backed institutions have invested approximately US$2.1 trillion abroad, including a significant portion in developed countries. Brad Parks,…
China’s global investment strategy and industrial ambitions The acquisition of Wright USA is part of a broader pattern of Chinese investment in developed economies. EdData, a research laboratory at William & Mary, has documented that since 2000, Chinese state-backed institutions have invested approximately US$2.1 trillion abroad, including a significant portion in developed countries. Brad Parks,…
According to the legal filing, Link immediately notified USLI and requested coverage under the Employment Practice Coverage Part (EPCP) of the policy. The policy, as described in the lawsuit, is designed to protect organizations and their leaders from claims involving wrongful actions such as discrimination, harassment, retaliation and wrongful termination. Policy language, quoted in the…
The legislation amends New York’s vehicle and traffic law to establish a system where insurers provide the Department of Motor Vehicles electronic access to information regarding policy issuance, cancellation, expiration, and non-renewal. The system is designed to allow the department and law enforcement to verify a vehicle’s insurance status online, with the aim of identifying…
Their policy includes Endorsement AVP313, titled “Metal Roof Surface Cosmetic Damage Exclusion Endorsement”, which covers “cosmetic damage caused by hail to the metal roof surface including, but not limited to, indentations, dents, distortions, scratches, or marks that alter the appearance of the metal roof.” Because the Wiegels’ roofing system was and is concrete tile, not…
At group level, operating profit rose 12.6% to €4.4 billion, and core net income attributable to shareholders rose 12.7% to €2.9 billion. Internal growth reached 5.2% as total trade volume remained stable at €42.8 billion. For the first nine months of 2025, Allianz reported a 10.4% increase in operating profit to €13.1 billion. Total trade…
Evanston argued that each gunshot that caused injury – or each individual victim – should be treated as a separate “incident” under the policy. That interpretation would require the Sheriff’s Office to pay a $500,000 self-insured retention (SIR) for each incident before Evanston’s coverage would begin, potentially holding the Sheriff’s Office responsible for millions in…
