Subject: Results Page 15 / 27
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- May 10 2022
Swiss Re upbeat on Asia despite Q1 losses
The reinsurer took a hit from nat cats in Australia, but Victor Kuk sees demand recovery in Asia.
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- May 5 2022
Australia floods hit Hannover Re’s Q1 P&C COR
The February and March floods have cost the global reinsurer US$196m so far.
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- May 2 2022
PICC’s COR dips slightly for P&C book in Q1
Credit insurance premium soared 203.7% whilst agricultural insurance rose 28.8%.
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- April 22 2022
SBI General Insurance records full year 11% GWP growth
The Indian P&C player made progress in its digital offering and signed several key partnerships.
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- April 6 2022
Aspen 4711 sees 31.2% premium increase in Asia
Third party liability accounted for 45.3% of the Asian book, whilst reinsurance accounted for 41.5%
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.
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- March 25 2022
Lloyd’s Asia income exceeds US$700m for 2021
Regional growth comes as the marketplace posts its best profit in six years.
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- March 18 2022
Ping An profits down after ‘complex and difficult’ year
Overall net profits fell 29% but P&C GWP growth picked up 8.7% in Q4 2021.
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- March 17 2022
Generali grows APAC P&C book by 16.3%
The Italian giant is expanding in India and Malaysia.
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 11 2022
Hannover Re APAC profits up 66%
Strong growth came despite competition from China’s new state-owned agriculture reinsurer.
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- March 3 2022
FMG supported by pricing strategy, investment returns: AM Best
The rural insurer had positive underwriting results in the first nine months of FY 2022.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- February 28 2022
Swiss Re names new Asia CEO as global P&C profits hit US$2.1bn
Global head of L&H Paul Murray to start in April as Russell Higginbotham handed CEO, Reinsurance Solutions role.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
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- February 25 2022
Austbrokers’ parent targets 19% growth
AUB has increased its profit goal and looks set to join the race for global scale.
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- February 23 2022
Allianz grows APAC P&C profit 11% to US$148m
P&C GWP hit US$1.7bn with strong performance in Malaysia and India.
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- February 21 2022
Samsung Fire & Marine sees 42.5% profit jump despite underwriting loss
The P&C player made an underwriting loss of US$458m in FY 2021 -- an improvement over FY 2020.
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- February 18 2022
QBE’s profit surges despite 23% nat cat claims rise
Group profit increased to US$750m in FY2021, following significant losses in 2020.
