Industry Segments: Results Page 10 / 22
-
- August 4 2022
Asia helps ‘big three’ global brokers show Q2 resilience
Aon, Marsh and WTW defy weakening economic outlook and invest for regional growth.
-
- August 3 2022
Non-motor lines bolster Axa’s H1 Asia P&C performance
The Asia arm comprises units across mainland China, Hong Kong, Thailand, Japan and South Korea.
-
- July 29 2022
Swiss Re returns to profit as Australia floods add to US$270m H1 nat cat miss
The group saw a Q2 net profit of US$405m, while P&C reinsurance H1 nat cat claims were US$938m.
-
- July 26 2022
Cambodia’s GWP grew 20% on average annually for five years: report
The market maintained positive growth of around 10% in 2021.
-
- July 22 2022
IAG returns to profit in FY 2022, but records US$245m nat cat miss
The insurer strengthened prior reserves by US$119m in part due to claims inflation.
-
- July 5 2022
Peak Re’s net profit decreases 16% to US$73.2m as claims rise
Net incurred claims climbed to just over US$1.3bn.
-
- June 14 2022
Positive winds carry Japan’s P&C majors into Q2
Sompo, Tokio Marine and MS&AD to benefit from fewer claims and higher premiums, if the weather holds.
-
- June 1 2022
Hong Kong’s insurers saw 144% underwriting profit surge in Q1: HKIA
The net premium of the general insurance business was US$1.53 billion in Q1.
-
- May 24 2022
Profits up 48% as Japanese insurers rebound
Japan’s big three benefit from lower nat cat losses in Japan and rate increases internationally.
-
- May 18 2022
Lockton sees record 27% YOY growth as APAC expansion continues
The broker has enlarged its footprint in Australia, New Zealand and Macau.
-
- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
-
- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
-
- May 13 2022
Allianz Australia takes 20.8% COR nat cat hit
Combined ratio hits 106.6% after February and March flooding drives €150m loss.
-
- May 10 2022
Swiss Re upbeat on Asia despite Q1 losses
The reinsurer took a hit from nat cats in Australia, but Victor Kuk sees demand recovery in Asia.
-
- May 5 2022
Australia floods hit Hannover Re’s Q1 P&C COR
The February and March floods have cost the global reinsurer US$196m so far.
-
- May 2 2022
PICC’s COR dips slightly for P&C book in Q1
Credit insurance premium soared 203.7% whilst agricultural insurance rose 28.8%.
-
- April 22 2022
SBI General Insurance records full year 11% GWP growth
The Indian P&C player made progress in its digital offering and signed several key partnerships.
-
- April 6 2022
Aspen 4711 sees 31.2% premium increase in Asia
Third party liability accounted for 45.3% of the Asian book, whilst reinsurance accounted for 41.5%
-
- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
-
- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.