Sinosure insured US$900bn worth of trade in 2022
January 17 2023 by InsuranceAsia News Staff
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Hong Kong P&C underwriting profit plunges 56% in first nine months of 2023: HKIA
- November 30
The city’s moribund property market and severe weather events in September pressured insurers’ bottom line.
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Tower’s FY 2023 COR at 101% as large events cost triple to US$33.6m
- November 23
While the New Zealand insurer's GWP grew 17% to US$319m, its underlying profit fell 72% year-on-year hit by large losses from January and February weather events.
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Malaysian Re reports US$23.8m net profit in H1 FY 2024
- November 21
The Asean reinsurer returned to profit in the first six months of the financial year on the back of higher insurance service results and investment gains.
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Japan’s big three script domestic underwriting rebound
- November 20
Rate increases, absence of Covid-19, large nat cat losses and increased investment income help Tokio Marine, MS&AD and Sompo improve their earnings in the first half of FY 2023.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
