Industry Segments: Insurers Page 23 / 23
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- February 12 2025
Samsung Fire & Marine FY24 insurance profit down 6% at US$1.3bn
South Korean carrier's motor insurance COR deteriorated to 98.3% in FY 24 from 96.6% last year, while the P&C business' loss ratio for the period worsened to 64.4% from 61% in FY23.
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- February 12 2025
Suncorp’s H1 FY25 insurance service result up 134% at US$582m
Australian insurer's general underwriting performance helped by favourable natural hazard experience and reserve releases.
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- February 12 2025
BDIC unveils crypto insurance platform as it readies for Asia launch
The crypto insurer will roll out first in key Asian markets, including Hong Kong, Singapore, Japan, Taiwan, and South Korea and targets Southeast Asian markets by Q4.
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