Japanese non-life carriers’ FY 2024 ordinary profits more than doubled: FSA
June 19 2024 by Mithun Varkey-
Japan’s big 4 insurers see lackluster premium growth in H1 2024
- July 4
Most insurers recorded total premium growth by 3% for the six months to June 2024, with compulsory motor liability insurance posting declines year-on-year while fire insurance registering growth.
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Seadrif FY2023 net profit up 84% on deferred income
- June 7
The regional catastrophe risk platform saw loss from its insurance operations widen in 2023, but its profit was lifted by surplus grants from the MAS and the World Bank.
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GIC Re’s FY 2024 underwriting losses near US$500m
- May 29
The India state-owned reinsurer’s COR deteriorated to 111.82% for FY 2024, while GWP for the period grew marginally to US$4.5bn.
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Tower swings back to profit in H1 2024 on absence of large nat cat
- May 29
The Kiwi insurer's reported net profit after-tax totalled US$22.2m, reversing the US$3.1m net loss a year ago.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.