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DirectAsia was founded in Singapore in 2010 and launched in Hong Kong in 2012 and in Thailand in 2013. [3] [4] During 2013, DirectAsia had gross written premiums of $25.3 million. [5] In 2014, DirectAsia was acquired by Hiscox Insurance to commit further to serving customers in Asia. Hiscox has reached a $55 million agreement with Whittington ...
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 ...
It is the only life insurance company to be listed on the Singapore Exchange (SGX), and the largest insurance company in Southeast Asia in terms of assets and market capitalisation. On 19 June 2023, OCBC Bank upped its stake in insurance subsidiary Great Eastern Holdings to 88.4%.
Starr’s insurance company subsidiaries — domiciled in the U.S., Bermuda, China, Hong Kong, Singapore, U.K. and Malta — each have an A.M. Best rating of “A” (Excellent). [2] Starr’s Lloyd’s syndicate has a S&P Global Ratings grade of “A+” (Strong). Cornelius Vander Starr established his first insurance company in Shanghai ...
The biggest advantage of buying life insurance at a younger age is that you’ll lock in a low rate for the life of the policy. Premium costs increase significantly as you get older.
In 2023, nearly half of Americans budgeted $4,000 or more toward travel, according to a Forbes survey. And data from Thrillist and Vox Media finds that travel is a priority among 89% of Gen Zers ...
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