Hyundai Insurance’s FY 2023 underwriting income slumps 61% to US$395.2m
February 26 2024 by Kristina Shperlik
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Tower reports strong underwriting gains, COR falls to 79% amidst no major events
- November 28
The New Zealand insurer's turnaround was primarily due to no large cats in the financial year, driving its NPAT to US$49m up from US$4m a year ago.
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Sompo targeting US$1bn GWP growth from overseas business by FY 2026
- November 28
It continues to eye geographic expansion and is actively working on M&A, the Japanese insurer said in its mid-term management plan.
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Japan’s big three post US$8bn windfall from strategic holdings unwind
- November 20
The major insurance groups also showed significant improvements in H1 CORs as they benefitted from benign loss environment at home and overseas and robust premium growth.
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IAG on track to deliver FY 2025 guidance: CEO
- October 24
The Australian carrier has guided an insurance margin of 13.5-15.5%, and GWP growth of ‘mid-to-high single digit' in the current financial year.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
