Subject: Results Page 18 / 27
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- August 10 2021
Suncorp’s FY 2021 profit increases 13.1% to US$760m
The insurer's nat cat allowance for the next financial year has increased by A$30m to A$980m.
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- August 10 2021
Allianz H1 2021 APAC profit up 37% to US$402m
Uptick partly driven by insurer's L&H business where operating profit jumped 46% to €279m.
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- August 5 2021
Asia boosts profits of international (re)insurers
First-half results show the value of diversification as regional units boast strong growth.
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- August 4 2021
RGA sees APAC Q2 loss as Covid claims bite in India
The US-based reinsurer, however, described its experience in the region beyond the pandemic as "favourable".
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- August 4 2021
Generali’s Asia life GWP performs strongly in first half
The Italian giant's P&C GWP declined, however, down 3.5% in H1 2021 to €121m.
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- August 3 2021
Axa XL helps spark Axa H1 2021 profit jump
In Asia, the wider group's underlying profit was €658m compared with €685m in H1 2020.
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- August 2 2021
Taiwan’s insurers see H1 profits grow 148.5% to US$9.71bn
FSC data shows P&C profits grew 54.4% in the first half of 2021.
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- July 30 2021
Swiss Re posts US$1bn H1 2021 profit
The group was bolstered by large profit turnarounds in P&C reinsurance and Swiss Re Corporate Solutions.
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- July 30 2021
Gallagher to continue tuck-in mergers after Willis Re deal collapses
The broker completed eight deals in Q2 2021 including Mutual Brokers in Canberra.
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- July 26 2021
China Re expects large profit increase in first half
The Chinese reinsurance player noted that it has seen improved underwriting earnings overseas.
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- July 23 2021
Marsh maintains strong Asia growth momentum in Q2
Broker's 10% revenue rise in the region is an increase over 8% in the first quarter.
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- July 23 2021
IAG expects FY 2021 net loss of A$427m
The Sydney-based giant indicates it made A$33m profit in H2 of the fiscal year ending June 30.
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- July 9 2021
Hong Kong’s trade credit insurer sees claims fall US$64m
The government body posted an underwriting profit of US$3m.
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- July 2 2021
GIC Re underwriting improves on aviation, motor initiatives
Indian reinsurer tells IAN aviation COR should be near 100% in 2022.
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- June 24 2021
Nat Re’s domestic non-life GWP hits US$20m
CEO Allan Santos tells AGM the company is eyeing partnerships with foreign reinsurers.
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- June 14 2021
Sri Lanka’s non-life market to veer away from motor
Fitch analyst tells IAN a vehicle import ban has created a shift toward other business lines.
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- June 3 2021
Japan’s life giants set for rebound after robust FY 2020 profits
Stable mortality margins helped Dai-ichi Life, Meiji Yasuda Life, Nippon Life and Sumitomo Life.
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- June 2 2021
Japan’s P&C players struggled overseas in last financial year
Profit drops at 'Big Three' related to Covid-19 and credit insurance, according to Moody's.
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- May 27 2021
Tower Insurance hit by cat claims as H1 profit drops 19.5%
New Zealand P&C player dealt with a large fire and severe flooding, but GWP climbed 6% to US$141m.
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- May 21 2021
Japan’s ‘Big Three’ P&C players ride out Covid storm
MS&AD, Sompo and Tokio Marine benefitted from fewer domestic nat cat and motor claims.
