Chinese insurers premium growth to accelerate in 2023: Fitch
May 12 2023 by InsuranceAsia News-
Peak Re reports best-ever net profit of US$200m in FY 2023, COR down to 87.3%
- May 2
The Hong Kong carrier's reinsurance revenue saw a 14.6% year-on-year decline in FY 2023 at US$1.56 billion.
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Taiwan’s non-life sector 2023 premium income up 10%, returns to profitability
- April 29
Net income for the island's non-life sector was NT$480m, a turnaround from a net loss last year, when it was hit by Covid-19 losses.
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Shinkong Insurance’s rating outlook revised to ‘positive’: AM Best
- April 26
The Taiwanese insurer's long-term issuer credit rating benefitted from prudent underwriting strategy, favourable claims experience and disciplined expense management.
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Woori Finance enters race for Korea’s Lotte Insurance: report
- April 25
The non-life carrier's private equity owner JKL Partners is looking to sell 77% stake in the company for a targeted US$1.45bn.
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