Tower upgrades FY 2024 NPAT guidance to US$27m
August 9 2024 by Mithun Varkey-
Samsung Fire & Marine H1 insurance profit down 5% at US$880m
- August 14
The South Korean carrier’s net profit for the first six months of 2024 still rose 8.2% from a year ago, supported by strong growth in investment profits.
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Sri Lanka central bank chief expects economic recovery to boost insurance demand: report
- August 13
With the sector contributing just 0.8% to the country’s GDP and penetration rates hovering below 2% over the past decade, there is much room for further growth, according to governor Nandalal Weerasinghe.
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QBE doubles H1 net profit, COR improves 5 percentage points to 93.8%
- August 9
The insurer's GWP grew 2% to US$13bn for the period, while its underwriting performance benefitted from lower cat claims, stable prior-year reserve development and rate increases.
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Asia’s buyer-friendly market to stay as pricing remains flat in Q2: Aon
- August 8
US-related and nat cat-exposed property risks remained challenging across most markets in the region, although Hong Kong and China stood out with modest price reductions, the broker said in its Q2 market insights report.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.