IAG returns to profit in FY 2022, but records US$245m nat cat miss
July 22 2022 by Andrew Tjaardstra
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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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Ping An’s P&C FY24 net profit up 68% to US$2bn, COR improves to 98.1%
- March 19
Chinese carrier’s insurance revenue rose by 4.7% year-on-year to US$45.4bn.
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Hannover Re’s 2024 APAC P&C revenue down 4.5% to US$3bn
- March 14
Reinsurer's Australian P&C business increased by 8%, while the larger Asian portfolio declined by a comparable percentage.
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Generali Asia’s P&C operating result 16% down to US$79.3m in FY24, COR deteriorates to 99%
- March 13
Asia continues to be a key target areas of growth for the Italian insurance group, alongside Latin America.
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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.
