GIC Re’s FY 2024 underwriting losses near US$500m
May 29 2024 by InsuranceAsia News
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South Korea’s P&C insurers’ net income up 3.1% to US$5.8bn in 2024
- March 25
Insurance income marginally down by 1% to US$5.6bn due to higher loss ratios for motor insurance, according to preliminary statistics from the Financial Supervisory Service.
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Taiping Re’s FY24 service results double to US$75m, COR improves to 92.7%
- March 25
Hong Kong-based reinsurer’s total premium for the last financial year decreased by 5.1% to US$2bn.
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Lloyd’s looks beyond Asia for growth: John Neal
- March 21
APMEA platform’s 2024 GWP was up 9% year-over-year at US$9.5bn, while global premiums were up 6.5% to US$72bn.
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ZhongAn P&C’s underwriting profit drops 24.4% to US$137m in FY24, COR deteriorates to 96.9%
- March 20
Chinese online insurer’s total GWP for FY24 was US$4.6bn, a 13.3% year-on-year increase.
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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.
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Allianz Life | 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.
