HANOI: A Vietnamese woman paid a friend to cut off her hand and foot in a bid to claim a handsome insurance payout, state-run media reported Thursday.
NEW YORK: The World Bank on Saturday said it was launching a $500 million, fast-disbursing insurance fund to combat deadly pandemics in poor countries, creating the world's first insurance market for pandemic risk.
LONDON: The cyber insurance market will triple in size to $7.5 billion in annual premiums by 2020 and the insurance industry could face competition from disruptors such as Google if it does not act fast to develop products, a report said.
LUXEMBOURG: Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticized an EU proposal to create a common deposit-insurance system for Eurozone banks.
Boys with a low resting heart rate during their teen years may be at increased risk for committing violent crimes as adults, a Swedish study suggests.
PARIS: A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms.
ISLAMABAD: The insurance sector of country is set for a boost in competition which could help spread the uptake of insurance after the industry regulator allowed conventional firms to offer sharia-compliant products (takaful) earlier this…