Prudential’s Asia sales take HK hit but profit climbs 12%
March 3 2021 by Andrew Tjaardstra
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IAG lifts profit outlook as nat cat bill comes in below forecast
- July 1
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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Japanese general insurers’ FY24 COR improves by 0.9 percentage points to 96%: GIAJ
- June 27
Net written premium rose 4.9% to US$66.5bn while underwriting profit fell 28.6% to US$874.4m, according to a report of General Insurance Association of Japan, covering 31 member companies.
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Asian Re reports underwriting turnaround with 84.9% COR in FY24
- June 26
Thailand-based intergovernmental reinsurer also more than doubled net profits for the fiscal year to US$7m.
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GIC Re’s FY25 underwriting loss at US$403m, COR improves to 108.8%
- May 27
Carrier’s net profit for the financial year rose by 3.1% to US$784.3m, while GWP grew by 10.7% to US$4.8bn.
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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.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
