News Page 361 / 913
-
- August 12 2021
Prudential CEO: H1 2021 results ‘resilient’ despite Jackson write-down
After-tax profit from continuing operations was US$1.07bn up from US$622m the previous year.
-
- August 12 2021
Asia’s forestry rates harden as capacity squeezed
Australia saw price hikes of 100-150% after fires generated insured losses of A$300m in 2020.
-
- August 11 2021
IAG sees FY 2021 loss, flags A$1bn insurance profit
Business interruption claims related to Covid-19 weighed heavily on performance.
-
- August 11 2021
New Zealand’s ‘costliest’ tornado leaves a NZ$32m bill
The Insurance Council of New Zealand says NZ$24m of the claims were related to residential property.
-
- August 11 2021
Comsure-WRI merger creates Austbrokers’ fifth-largest entity
The deal combines A$120m in annual GWP and over 70 employees.
-
- August 11 2021
Asia’s cat bond market set for record year
More than US$1.5bn of cover provided as issuance increases 68% on 2020.
-
- August 10 2021
Lloyd’s China eyes broker and product expansion
A new marine liability product is expected later this year.
-
- August 10 2021
Suncorp’s FY 2021 profit increases 13.1% to US$760m
The insurer's nat cat allowance for the next financial year has increased by A$30m to A$980m.
-
- August 10 2021
Allianz H1 2021 APAC profit up 37% to US$402m
Uptick partly driven by insurer's L&H business where operating profit jumped 46% to €279m.
-
- August 10 2021
Dai-ichi Life’s Westpac deal highlights APAC ambitions
The deal consolidates the Japan firm's position as the market leader down under.
