MarketLine Blog

Posts tagged to Insurance

Chinese regulator takes over Anbang: Massive insurer made example of in wider effort to keep money at home


President Xi Jinping has plenty of motivation to take action on Anbang Insurance Group. Not only had the company come to symbolize debt-ridden conglomerates through a series of lavish overseas purchases, but the speed at which the company had expanded raised concerns as to the wider impact failure could have. So far it would appear policy revisions have been successful in halting the flow of money out of the country. The messages many businesses in China will have deduced very swiftly is the President, now rated among the most powerful… Read more

Global insurance brokers sector will hit $54.8 billion in 2021 as growth remains impressive despite deceleration


The global insurance brokers sector has experienced impressive growth in recent years, registering a compound annual growth rate (CAGR) of 7.0% between 2012 and 2016 to reach a value of $42.8 billion, according to data from research company MarketLine. The company’s latest report shows that sector values have increased in all regions. Global growth, however, has been primarily driven by healthy revenue increases in the US, the world’s largest individual market. As it accounts for over 63% of global sector revenues, the performance of the US market will always have… Read more

UK motor insurance industry recognises dashboard cameras


UK Insurers are now accepting dashboard cameras as supporting evidence in cases where the parties involved do not agree on the cause of a road traffic incident and sales of the devices have increased almost tenfold in the last 12 months. Dashboard cameras are commonplace in countries where driving conditions can at times be particularly treacherous such as Russia and Taiwan. Dashboard cameras are forward-facing cameras mounted on a dashboard or windscreen. They are powered through a car’s cigarette lighter or in more modern cars, through a USB port. They… Read more

Protect Your Bubble selects CSA as travel insurance provider in US


Protect Your Bubble, a specialty insurance brand for gadgets, pets and travel, has selected CSA Travel Protection, a provider of travel insurance and emergency assistance services, as the exclusive travel insurance and services provider for its newly launched operations in the US. All travel insurance plans offered by Protect Your Bubble are administered by CSA and include a free, instant quote. “We couldn’t have asked for a better partner to help us deliver top-notch travel insurance plans to US consumers,” said Stephen Ebbett, president of Protect Your Bubble. “CSA took… Read more