Tag: Insurance Market
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Enhanced ACA Subsidies End as Congress Stalls
Overview: A looming expiration of enhanced ACA subsidies The enhanced subsidies that have kept health insurance affordable under the Affordable Care Act (ACA) are on track to lapse if lawmakers fail to act before the holiday recess. With negotiations stalled on Capitol Hill, millions of Americans could face premium increases, altered coverage options, and potential…
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Standard Insurance S.C. Set to Become Ethiopia’s 19th Insurance Provider
Overview: A New Player in Ethiopia’s Insurance Landscape Standard Insurance S.C. is preparing to enter the Ethiopian insurance market in the coming days, positioning itself as the country’s 19th insurance company. This expansion is notable in a market that has long been characterized by relatively low insurance penetration compared with regional peers. For Ethiopian citizens…
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Standard Insurance S.C. Poised to Become Ethiopia’s 19th Insurance Provider
Overview: A New Player in Ethiopia’s Insurance Landscape Standard Insurance S.C. is preparing to enter the Ethiopian insurance market in the coming days, positioning itself as the country’s 19th registered insurance provider. The move comes as Ethiopia’s insurance sector seeks to broaden coverage and deepen financial inclusion, a priority for policymakers aiming to shield households…
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Standard Insurance S.C Enters Ethiopia as 19th Insurer
Overview: A New Player in Ethiopia’s Insurance Landscape Standard Insurance S.C. is preparing to enter the Ethiopian insurance market in the coming days, asserting its position as the country’s 19th licensed insurer. This move comes as Ethiopia seeks to diversify its financial services sector and expand risk management options for individuals and businesses alike. With…
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Mahindra & Mahindra and Manulife Join Forces to Create 50:50 Life Insurance Venture in India
Strategic step into Indian life insurance In a move poised to reshape India’s life insurance landscape, Mahindra & Mahindra Ltd. (M&M) announced that its board has approved a joint venture with Canada’s Manulife Financial Corporation. The 50:50 partnership aims to carry on the life insurance business in India, combining M&M’s deep distribution network with Manulife’s…
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Swiss Health Insurance Premiums Rise More Than Announced, Deloitte Finds
A new Deloitte study analyzing health insurance costs across premium levels and Swiss regions suggests that next year’s premium increases could outpace official projections. The consulting firm, which surveyed 1,300 insured individuals, finds that the official figure of 4.4% does not capture the full picture the costs impose on households. Key findings from Deloitte’s analysis…
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Jio Financial Services Collaborates with Allianz: A Game Changer in Insurance
Introduction to Jio Financial Services and Allianz Collaboration Jio Financial Services Ltd recently announced a significant partnership with Allianz Europe B.V. This collaboration aims to leverage the rapid growth of India’s insurance market by combining high-level reinsurance capabilities with Allianz’s global underwriting expertise. This strategic move is expected to enhance the digital insurance landscape in…
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Jio Financial और Allianz के बीच नए सहयोग की अहम जानकारी
Introduction to the New Partnership Jio Financial Services Ltd has recently announced a significant collaboration with Allianz Europe B.V., aimed at enhancing their offerings in India’s burgeoning insurance market. This partnership seeks to leverage high-level reinsurance capabilities combined with Allianz’s global underwriting expertise. Such strategic alliances are essential not only for expanding product offerings but…