Prudential completes 65% acquisition of TMB Asset Management
October 22 2018 by InsuranceAsia News Staff
MORE FROM: Non-life
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Vietnam’s PVI Insurance strong underwriting results set to sustain: AM Best
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Vietnam's largest non-life insurer's financial strength rating, at "A-" (excellent), was affirmed on its strong performance and support from parent, German insurer HDI Global SE.
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Korean carriers turn around underwriting results with US$6.2bn insurance income
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Even with a 70% drop in investment profit, the country’s non-life insurers posted a 51% increase in net income in 2023.
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Fubon Insurance’s FY2023 underwriting results still weighed down by Covid claims
- March 25
The insurer's net combined ratio for 2023 improved to 106.7%, from 237.1% a year ago, while its direct written premium for the period rose 7% to about US$2bn.
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Ping An P&C reports underwriting loss for 2023 as guarantee business, higher expenses bite
- March 22
The P&C division of China's largest insurer reported a 6.5% increase in insurance revenue but its COR for the financial year edged up to 100.7%.
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