PICC P&C posts 3.7% premium income growth in H1 2024
July 16 2024 by InsuranceAsia News-
Tokio Marine’s international P&C profit up 14.2% to US$2.2bn in Q3 FY24
- February 14
Strong underwriting performance in key international entities and increases in investment income in North America contributed to the growth.
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MS&AD group profits up 137% to US$4bn on strong overseas growth
- February 14
Group's overseas profits nearly doubled to top US$1bn due to lower nat cat losses and favourable investment income.
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Sompo’s domestic P&C falls 39% in adjusted profit to US$299m in Q3 FY24
- February 14
Drop attributed to a rise in accident rates and unit repair costs in motor and the impact of increased company expenses due to upfront investment, offset by base profit improvement in fire.
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MS Amlin’s COR for 9M FY24 at 88.8%, reports US$163.5m underwriting profit
- February 14
MS&AD-owned specialty (re)insurer reports continued growth since turnaround a year ago, posting NWP of US$1.4bn.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.