IKEA to offer home insurance with Swiss financial group

US retail sales rise 0.3% in January

FOX Business’ Kristina Partsinevelos discusses the latest numbers coming out of the retail industry and what these statistics say about the U.S. economy.

ZURICH (Reuters) – Swiss Re's digital platform and Swedish home furnishings group IKEA have joined forces to offer home insurance policies via IKEA's website, the Swiss financial group said on Tuesday.

Continue Reading Below

The product is being rolled out in Switzerland and Singapore first.

Swiss Re's iptiQ platform — which provides property, casualty, life and health insurance products to business partners — is handling the insurance cover and customer interfaces, Swiss Re said in a statement.

Portland, Oregon, United States – Dec 20, 2017 : Interior of large IKEA store with a wide range of products in Malmo, Sweden. Ikea was founded in Sweden in 1943, Ikea is the world’s largest furniture retailer.

WALMART FOURTH-QUARTER EARNINGS, SALES FALL SHORT OF WALL STREET ESTIMATES

(Reporting by Michael Shields; Editing by Edmund Blair)

Source: Read Full Article

Related posts:
  1. Half of women earn as much as their husbands
  2. Coronavirus causing financial crisis — here’s how your credit card can help
  3. Eurozone Inflation Slows; Jobless Rate Lowest Since 2008
  4. The New York City Recovery Index: Week of July 27
  5. German Business Sentiment Strengthens Despite Banking Sector Turbulence