Industry Segments: Results Page 21 / 22
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- August 23 2019
AIA’s Ng Keng Hooi: growth fundamentals “resilient”
AIA’s group chief executive is confident after first half profits climb 12%.
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- August 21 2019
Steadfast’s Kelly persists in bullish expansion
The Australian group has raised another US$67.8m to fund acquisitions and CEO Robert Kelly wants to grow internationally.
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- August 19 2019
Ping An backs Hong Kong as profits increase 68%
The Chinese insurer has five entities in the city which is being hampered by protests.
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- August 15 2019
QBE’s recovery continues as H1 profits climb 29%
The Sydney-headquartered firm has seen an improved attritional claims experience.
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- August 8 2019
Aviva’s H1 Asia profits up 37% as board reviews options
The UK-headquartered firm has confirmed it is looking to "enhance the value of the businesses to shareholders".
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- August 8 2019
IAG’s profits hit by nat cats but bolstered by Asia sales
Insurance Australia Group exceeded its annual nat cat allowance but booked a profit of US$135.6m from selling Thailand and Indonesia arms.
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- August 6 2019
Allianz’s Asia H1 profits up 28%
Regional chief executive Solmaz Altin says it has been a solid start to the year.
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- August 1 2019
Swiss Re beats expectations with US$953m H1 profit
Rates are hardening while Swiss Re Corporate Solutions is expected to make an underwriting profit in 2021.
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- July 24 2019
Results at Beazley and Chubb point to price momentum
The firms have seen an upward trend globally which should be good news for Asia's market.
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- July 22 2019
QBE reveals US$60m UK hit
The change to personal injury discount rate has hit insurers again in the UK.
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- May 22 2019
New Zealand’s Tower bounces back to profit
Turnaround comes after four years of hard work for the country's third largest P&C firm.
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- May 21 2019
Typhoons and sale hit Tokio Marine’s annual profits
Japanese typhoons hit profits as did the sale of Tokio Millennium Re.
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- May 10 2019
Peak Re posts US$19.5m profit for 2018
Hong Kong-based reinsurer increased premiums to US$1.38bn.
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- May 10 2019
QBE’s Regan positive on 2019 outlook
Insurer's global CEO Pat Regan optimistic on COR as fossil fuel resolution voted down at AGM.
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- May 9 2019
Munich Re’s Q1 profits hit for €267m by Typhoon Jebi
Yet another reinsurer sees claims growing from Typhoon Jebi this year.
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- May 6 2019
Typhoon Jebi looms over reinsurers’ Q1 results
Last year's huge storm in Japan continues to have repercussions for the market.
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- April 11 2019
FTLife profits jump 23% as NWS confirms price tag
The Hong Kong firm had an impressive 2018 as the sale process continues.
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- April 1 2019
Failed New Zealand insurer yet to pay creditors
CBL, owner of New Zealand's former largest credit insurer, owes around US$118m to creditors.
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- March 28 2019
Lloyd’s falls to US$1.3bn loss
Nat cats had another significant impact on the global marketplace in 2018.
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- March 28 2019
China Life’s profit plunges 65%
A volatile stock market and low bond yields squeezed China's largest life firm's profits.