FSA searches Sompo Japan premises over Bigmotor probe: report
September 19 2023 by InsuranceAsia News
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Premium hikes to boost Japan’s big four insurers’ domestic profitability: Moody’s
- April 17
The profitability will improve gradually supported by fire and motor lines, which account for about 70% of net premiums written by Aioi Nissay Dowa Insurance, Mitsui Sumitomo Insurance, Sompo Japan Insurance and Tokio Marine & Nichido Fire Insurance.
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US tariffs could manifest in reduced demand for insurance globally: AM Best
- April 15
Lines that are likely to be impacted include trade credit, political risk, marine, energy, motor and property insurance as well as surety, D&O and workers’ compensation.
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PICC P&C FY24 underwriting profit drops by 43.9% to US$759m
- March 28
COR deteriorated from 97.8% to 98.8% due to the impact of severe disasters and accidents, as well as the rise in cost of debt following a decrease in the discount rate.
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Thailand’s Allianz Ayudhya targets 12% premium growth amid product expansion
- March 4
The carrier will focus on health, SME and home products, while also growing Allianz Commercial's property, engineering, transportation, and liability offerings for large businesses and corporates.
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HSBC AM | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: The maritime energy transition challenges
Turbulent Waters: The maritime energy transition challenges
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
