Japanese P&C carriers 2023 underwriting profit rises 55% to US$1.2bn
September 6 2024 by Joana Nguyen
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Hong Kong’s Nova Insurance FY 2024 revenue up 3.6% to US$14.7m
- September 16
The broker reported robust retention ratios and added new accounts, including a public utility, listed companies and educational institutions, according to a stock exchange filing by its parent FSE Lifestyle.
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Lloyd’s logs best interim results since 2007 as H1 underwriting profit up 24%
- September 5
The market’s COR improved to 83.7% from 85.2% a year ago, as its underwriting profit rose to US$4.07bn, thanks to premium growth and better investment returns.
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Allianz APAC total business volume up 13% to US$4.8bn in H1 FY 2024
- September 5
The regional P&C business' operating profit increased by 16% to US$92m on the back of a 12% growth in total business value.
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Korean carriers report H1 2024 12.2% net income increase to US$4.3bn
- September 2
Non-life premium income for the first half of 2024 increased 4.3% from a year ago to US$45.7bn, according to the Financial Supervisory Service data.
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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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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.
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AXA XL | Energy transition in Asia: How AXA XL helps enable the region’s ambitious plans
Transitioning to low-carbon sources is about more than just substituting one type of energy for another, it requires restructuring the entire energy ecosystem and developing new ways to store energy from intermittent sources like solar and wind.
