News Page 249 / 1261
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- February 15 2025
Full capacity: Who will bell the cat?
In this week's Full Capacity newsletter from InsuranceAsia News, we look at Willis, nat cats, Macau and catastrophic predictions, as well as our weekly roundup of people moves.
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- February 14 2025
Sompo restructures into global P&C, wellbeing segments
James Shea will lead global P&C business; with APAC CEO Kenneth Reilly handed additional role as deputy president Sompo Japan.
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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.
