IAG hit by 15,000 claims from NZ floods, ups FY 2023 nat cat forecast by US$167m
February 3 2023 by Andrew Tjaardstra
MORE FROM: Results
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ICICI Lombard’s FY 2024 underwriting losses 10% down at US$1.2bn, COR dips to 102.2%
- April 18
The Indian general insurer's GWP grew by 17.5% US$3bn and net profit was up 11% year-on-year.
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Peak Re returns to record profit in 2023 on higher rates, reduced US nat cat exposure
- April 2
The Hong Kong reinsurer posted US$200m net income for the year and its P&C combined ratio improved notably to 87.3%, from 110.1% a year ago.
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China Pacific Insurance P&C 2023 net profit down 20% as investment income plunges
- April 1
China’s third-largest P&C insurer by premiums saw its combined ratio edge up by nearly 1 percentage point to 97.7%. Its liability business was the only business line with an underwriting loss.
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China Re returns to profit on strong FY2023 primary P&C, overseas growth
- March 28
China's largest P&C reinsurer said lower cat losses, and improved rate conditions at its wholly-owned Chaucer also helped it achieve a 18% growth in overseas reinsurance gross written premium.
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