Talanx is strengthening its presence in the insurer’s strategic target region of Latin America. The Chilean subsidiary company HDI Seguros and state-owned bank BancoEstado have signed an exclusive agreement for the coming 13 years covering the sale of non-life insurance products. The partnership is scheduled to start on 1 January 2022 and secures Talanx its market position among the Top 5 non-life insurers in Chile for the long term.
With a view to create equality and ensure financial transparency, the non-life insurance market continues to make great efforts to deal with the two inherent problems, namely non-technical competition (through lowering premiums) and insurance fraud. However, in fact, information on violations is still "hushed up".
Global investors, including pensions and savings funds could face investment risks due to poor standards of food safety, antibiotic use and environmental management in the Asian meat, dairy and seafood sector, according to a new report.
The Insurance Supervisory Authority, Ministry of Finance, said that in the first six months of this year, the non-life insurance market achieved an impressive growth rate, with the estimated total revenue of VND19,340 billion. Reports on revenue from insurers also showed numerous impressive results.
Supporting fishermen in supervising the shipbuilding, allowing fishermen to choose their own insurance companies ... are proposals set forth at the review conference of the shipbuilding program under the Decree 67 of the Government, chaired by Deputy Prime Minister Trinh Dinh Dung in the morning of August 01, 2017.