News Page 16 / 1028
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- February 14 2025
Tokio Marine’s international P&C profit up 14.2% to US$2.2bn in Q3 FY24
Strong underwriting performance in key international entities and increases in investment income in North America contributed to the growth.
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- February 14 2025
MS&AD group profits up 137% to US$4bn on strong overseas growth
Group's overseas profits nearly doubled to top US$1bn due to lower nat cat losses and favourable investment income.
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- February 14 2025
Global Asia Insurance Partnership names Dickson Wong as director
With over 15 years of experience in the general insurance industry across Australia and Asia, Singapore-based Wong is a seasoned actuary specialising in risk and actuarial areas.
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- February 14 2025
Sompo’s domestic P&C falls 39% in adjusted profit to US$299m in Q3 FY24
Drop attributed to a rise in accident rates and unit repair costs in motor and the impact of increased company expenses due to upfront investment, offset by base profit improvement in fire.
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- February 14 2025
MS Amlin’s COR for 9M FY24 at 88.8%, reports US$163.5m underwriting profit
MS&AD-owned specialty (re)insurer reports continued growth since turnaround a year ago, posting NWP of US$1.4bn.
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- February 14 2025
Lockton, Liberty, Hannover Re, Allianz Commercial, WTW: 8 APAC insurance people moves of the week
MS Amlin, Howden, Tokio Marine Kiln, Market Lane Insurance Group, Pen Underwriting and Marsh also made personnel changes over the last week.
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- February 14 2025
9 Indian insurers submit IPO plans to IRDAI: report
HDFC Ergo and SBI General have submitted their initial public offering (IPO) plans to the regulatory authority, according to a report in The Economic Times.
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- February 14 2025
Samsung Life seeks regulatory nod to incorporate group P&C arm as subsidiary: reports
Insurer approaches Financial Services Commission over a potential incorporation of Samsung Fire & Marine Insurance, according to the Korea JoongAng Daily.
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- February 14 2025
Insured losses from 2 of New Zealand’s most destructive nat cats top US$2.1bn: ICNZ
Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023 resulted in over 118,000 insurance claims.
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- February 14 2025
Tokio Marine Kiln takes Talbot’s Jack Skinner as APAC head of political violence
Skinner was most recently a class underwriter at the AIG-owned Lloyd's syndicate based in Singapore.
