Aviation Insurance Premiums Set to Rise in 2025: 2025 has taken a grim turn for global aviation, with over 480 air fatalities reported—marking the deadliest year in over a decade, according to the Virginia-based Flight Safety Foundation. The recent tragic crash of Air India AI 171 near Ahmedabad airport has been the latest in a…
79% Indians Unsure About Adequate Insurance Coverage: A recent report by leading InsurTech firm CoverSure has revealed an alarming reality: a staggering 79% of Indian policyholders are uncertain if their insurance coverage is sufficient. Despite owning life, health, and motor insurance policies, most individuals remain unaware of what their plans actually cover. This points to…
Best Commercial Property Insurance in 2025: In today’s dynamic and often unpredictable business environment, safeguarding your commercial assets is not just a smart move—it’s essential. Fires, storms, theft, vandalism, and other unforeseen disasters can severely impact a business’s property and halt operations entirely. That’s where commercial property insurance comes into play, providing critical coverage for…
Why Home Insurance Prices Are Rising: Home insurance costs in the United States are rising at a faster pace than ever before. A growing concern among homeowners and home buyers, this surge is driven largely by a single, unavoidable factor—climate risk. As climate-related natural disasters like wildfires, hurricanes, and floods become more frequent and severe,…
US Cyber Insurance Market Update 2025: The US cyber insurance market has entered a period of relative pricing stability, marked by a notable 5% average decline in insurance rates during the fourth quarter of 2024. This decrease continues a trend that reflects the increasing maturity of the cyber insurance industry, with rates stabilizing after years…
Insurance Awareness Day 2025: National Insurance Awareness Day, celebrated annually on June 28, plays a crucial role in educating individuals about the importance of insurance in modern life. As we navigate an unpredictable world filled with risks—from natural calamities to health emergencies—insurance provides the financial backup needed to safeguard our assets, income, and loved ones….
This Week in Insurance: The Asia-Pacific insurance landscape witnessed significant developments during the week of May 19–23, 2025. Two prominent leadership changes at Prudential plc highlight a strategic push to strengthen operations across emerging markets. Naveen Tahilyani has been appointed as the Regional CEO overseeing India, Africa, the Philippines, Cambodia, Laos, and Myanmar, effective July…
LIC Rejects USTR Claims of Unfair Advantage in Indian Insurance Market: In a firm and detailed rebuttal, Life Insurance Corporation of India (LIC) has denied allegations made by the United States Trade Representative (USTR) suggesting that LIC enjoys an “unfair advantage” in the Indian insurance market due to sovereign backing. The USTR’s 2025 National Trade…
Best Medicare Supplement Insurance in 2025: When it comes to choosing the right healthcare coverage after retirement, Medicare Supplement Insurance, also known as Medigap, becomes a critical component for managing out-of-pocket costs not covered by Original Medicare. As healthcare costs continue to rise, seniors are seeking the best Medigap plans to avoid surprise medical bills…
