Sompo posts record profits, bolstered by overseas business
May 20 2025 by Joana Nguyen
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Tokio Marine Group’s FY24 NWP up 10% to US$36.7bn
- May 20
Top-line results in line with the projections and strong due to rate increases domestically and internationally, product revisions for fire and motor and expanded specialty lines sales.
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Ping An P&C’s underwriting profitability better than domestic peer average: AM Best
- May 19
AM Best affirms an insurer rating of A (excellent) with a stable outlook.
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Canopius expands APAC leadership with double appointment
- May 19
Singapore-based Chen Zhang and Channing Chiu will report to APAC and MENA CEO Soon Keen Lee.
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Beijing hail leads to US$44m insured loss from widespread motor, property damage
- May 16
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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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’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
