Allianz APAC P&C business total business volume tops US$2bn
March 4 2025 by InsuranceAsia News
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Analytics: Short-tail performance boost for Australia’s P&C carriers
- March 4
APRA data shows general insurance COR improves in Q4 2024, while profit after tax almost doubles to US$1bn.
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Allianz Malaysia’s FY24 general insurance GWP rises 13.8% to US$775m
- March 3
But insurer refrains from issuing profit forecast or guarantee for FY25.
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Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
- March 3
Rebound attributed to a rise in premium income and a decline in claims incurred, the rating agency said in its country report.
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Tune Protect’s insurance revenue up 4% to US$87.2m in FY24
- March 3
Net insurance service result more than doubled, mainly attributable to improvement in the acquisition cost due to changes in the company's portfolio mix, as well as a lower reinsurance ratio.
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Allianz Life Malaysia | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
