MS Reinsurance swings to US$366m profit in 2023
May 20 2024 by InsuranceAsia News
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PICC P&C posts 3.7% premium income growth in H1 2024
- July 16
The premium income for the first half stood at US$42.9bn with motor vehicle insurance accounting for about 45% of the premiums.
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Toa Re FY 2023 net income up six-fold on investment gains
- July 10
The group's net written premiums dropped 12.5% to JPY280.8bn (US$1.7bn), as its US and European subsidiaries reversed their losses posted a year ago.
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Pacific Islands captive PCRIC’s FY2023 net underwriting profit down 5%
- July 8
Thanks to a World Bank grant support it recorded a US$1.4m surplus for the year. The company sold a total of eight policies while incurring zero claims.
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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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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.
