PICC P&C H1 underwriting profit down 5% as liability insurance losses bite
August 28 2024 by Georgina Lee
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China Re H1 2024 insurance revenue of domestic P&C reinsurance up 17.5% to US$3.3bn
- August 31
Overseas P&C reinsurance and Chaucer and P&C insurance divisions grew 10.2% and 2.6% year-on-year, respectively.
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South Africa’s Santam to expand into Asia: report
- August 30
The move follows the success of the general carrier's parent Sanlam in India, where it has been in partnership with Shriram Capital Group since 2005 and is recording about 17% of profit.
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China Pacific’s P&C underwriting profit jumps 47.6% to US$380m, COR improves to 97.1%
- August 30
The company delivered primary insurance premiums at US$15.7bn in the first six months, a 7.8% growth year-on-year.
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Indonesian carrier Artarindo’s capital buffer sufficient to support expansion: Fitch
- August 30
The rating agency also assigned a first-time national insurer financial strength rating of "A+(idn)" to the carrier with a stable outlook.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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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.
