Peak Re to improve underwriting profitability in the next 12-18 months: Moody’s
November 13 2023 by InsuranceAsia News
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China Re’s net profit up 11.4% in H1 FY25 even as P&C reinsurance hit by agri slowdown, overseas losses
- September 1
P&C reinsurance segment, China Re’s largest unit, posted insurance revenue of CNY22.96 billion, down 2.2%, mainly due to weaker domestic agriculture premiums.
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Taiping Re’s profit surges 75% despite flat premiums
- August 28
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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Reinsurers see cost of capital decrease amid structural shifts: AM Best
- August 28
Sound risk management, strategic use of technology, and a maturing partnership with alternative capital have subdued the cyclical nature of the reinsurance market.
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Peak Re reports 25.1% GWP growth to US$1bn H1 FY25
- August 28
Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
