Industry Segments: Results Page 18 / 24
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- November 19 2020
IAG halts share trades, QBE and Suncorp react to BI verdict
Firms explaining to shareholders the implications of a decision by the NSW Supreme Court.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 9 2020
AIA: Medium term outlook highly uncertain, long term positive
Economic recovery is diverging significantly at a country level with China growing in importance.
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- October 26 2020
IAG’s growth sluggish as outgoing Harmer flags “challenging” H2
The firm's incoming CEO will take the reins after an exceptionally tricky period.
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- October 21 2020
Munich Re expects further market hardening as claims mount
Covid-19 losses to hit US$2.7bn in the first nine months of the year.
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- October 1 2020
Hong Kong’s market grew 10% in challenging 2019
Data from the regulator shows robust growth before Covid-19 struck, despite the protests.
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- September 11 2020
Hardening market benefits Lloyd’s Asia in “challenging year”
Uptick in demand for specialist capacity, as CEO John Neal reveals US$6.5bn pandemic claims estimate.
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- September 1 2020
Hong Kong’s H1 premiums rise, but “Covid impact” coming
Firms look to the Greater Bay Area despite large drop in life policies taken by mainland Chinese.
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- August 31 2020
Ping An’s Ma Mingzhe: “Now is the time for reform”
The Chinese giant is set to accelerate its digital agenda in the wake of Covid-19.
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- August 26 2020
Steadfast projects solid ‘underlying’ profit growth for next FY
The broking group posted an after tax loss due to acquisition and impairment costs for FY 2020.
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- August 25 2020
PSC brushes off Covid-19 with strong FY result
Acquisitions and a hardening market have boosted the expansive Melbourne broker.
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- August 21 2020
Suncorp focuses on transformation as FY cash profit drops 33%
Group CEO Steve Johnston recognises the need to speed up change.
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- August 20 2020
AIA’s CEO optimistic despite H1 37% new business drop
Lee Yuan Siong sees strong growth in markets where Covid-19 restrictions are being relaxed.
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- August 17 2020
Marsh’s Australia CEO handed APAC risk role
Scott Leney has over 30 years of experience and takes on an expanded group role.
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- August 14 2020
QBE’s Regan bullish on premium rises despite H1 loss
Group CEO says the global player has seen the highest rises since 9/11.
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- August 6 2020
Allianz reveals mixed first half Asia results
While L&H profits fell 9%, P&C climbed 21% bolstered by Malaysia, Sri Lanka and Thailand.
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- August 3 2020
Aon’s Case hails WTW deal amid “economic volatility”
The broker saw double digit Q2 organic growth for commercial risk solutions in Asia.
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- July 28 2020
Latest results highlight high cost of Covid-19
Uncertainty is clouding remainder of 2020, but some see opportunities.
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- July 24 2020
IAG scraps dividend after FY earnings hit
CEO Peter Harmer cites a triple whammy of nat cats, Covid-19 and lacklustre investment returns.
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- July 23 2020
Swiss Re reveals H1 Covid-19 hit, completes ReAssure sale
Pandemic has cost around US$2.5bn in claims and reserves across P&C, L&H and Swiss Re CorSo.