Sompo Japan COR deteriorates to 100.9% in FY 2022
May 19 2023 by Kristina Shperlik
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GIC Re’s COR improves to 109.3% for FY 2022
- May 29
Overall profit more than tripled despite significant underwriting losses, while GWP declined.
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Japan’s big 3 count on overseas recovery as domestic results take nat cat hit
- May 22
Tokio Marine, MS&AD and Sompo expect a revival in international units to drive FY 2023 performance.
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MS&AD’s Japan non-life units fall to US$110m underwriting loss
- May 19
The Tokyo-headquartered giant saw local cat losses increase 104% year-on-year at its two domestic P&C players, while MS Amlin returned an underwriting profit of US$78m.
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Tokio Marine books US$760m FY 2022 Covid losses from Taiwan
- May 19
The group also saw losses of US$570m from two typhoons and a huge hailstorm in Japan, as overall FY 2022 profit climbed 1.7% to US$2.72bn.
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