Insurance News
Insurance is a financial mechanism that provides protection against potential losses or liabilities through risk pooling.
Insurers push back on French PM's fire compensation criticism
French insurance companies are defending their efforts to compensate victims of recent fires, pushing back against Prime Minister Sébastien Lecornu's warning that some insurers were not "playing the game." The sector insists it is actively working with affected communities.
Turkish Insurance Paid 145.1B Lira in H1
In the first six months of the year, traffic and collision insurance in Turkey disbursed 145.1 billion lira in compensation to over 2.4 million claimants. Total premiums written in these two branches reached 224.1 billion lira.
Línea Directa profit up 19% to €52.1M in H1
Línea Directa announced a net profit of €52.1 million for the first half of the year, a 19% increase compared to the same period last year. The insurer also saw a 9.2% rise in issued premiums and its customer base grew by 7.8% to 3.86 million.
Insurance is a financial mechanism that provides protection against potential losses or liabilities through risk pooling.