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Travel insurance is an insurance product for covering unexpected losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [13]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
The Gambia: The sole land border with Senegal was closed, along with its airspace to most flights. [19] All COVID-19 related travel restrictions have since been removed. [20] Madagascar: Madagascar suspended all flights with the exception of medical evacuations, repatriations outside of the country, and cargo shipments. [21]
The insurer said in October that Allianz’s proposed deal to acquire a majority stake would further enhance Income Insurance’s financial resilience and enable Income Insurance to call on ...
Cruising the high seas is a favorite way to explore the world for many. 31.7 million travelers took a cruise last year, according to Statista, and by 2027, that number is expected to climb to 39.4 ...
The COVID-19 pandemic has impacted the tourism industry due to the resulting travel restrictions as well as slump in demand among travelers. The tourism industry has been massively affected by the spread of coronavirus , as many countries have introduced travel restrictions in an attempt to contain its spread. [ 1 ]
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