Insurance

Insurance

MassMutual $3bn free life insurance now available nationwide for frontline healthcare workers battling COVID-19

SPRINGFIELD, Mass. & BOSTON–(BUSINESS WIRE)–Jun 30, 2020– Massachusetts Mutual Life Insurance Company (MassMutual) today announced the nationwide expansion of MassMutual HealthBridge, which provides free term life insurance to frontline healthcare workers who directly interact with patients fighting the virus. Previously, HealthBridge was available in MassMutual’s home states as well as […]

Insurance

UK:Average motor insurance premiums fell after lockdown

By Ranamita Chakraborty According to recent research from data insight specialist Consumer Intelligence, average premiums for UK motorists started to fall following COVID-19 lockdown measures in the country. This was despite the fact that motor insurance premiums had an overall increase of 2.7% in the last 12 months. “With fewer […]

Insurance

No pandemic insurance for Wimbledon in 2021

By Ranamita Chakraborty While the cancelled Wimbledon event had a pandemic insurance policy in place this year to take care of its financial losses, its 2021 tournament will not be covered according to All England Club CEO Richard Lewis as reported by UK newspaper The Metro. All England Club is […]

Insurance

AIICO Insurance Plc to divest 70% stake in pension business

Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc (AIICO) has entered into discussions with FCMB Pensions Limited for the divestment of its 70 per cent stake in AIICO Pension Managers Limited. Its Head, Strategic Marketing & Communications Department, Segun Olalandu, said the proposed transaction is subject […]