Subject: Results Page 19 / 27
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- May 18 2021
China premium income rises 7.8% in Q1 amid Covid recovery
CBIRC data shows reinsurers were the top performers as assets grew 9.2% to over Rmb540bn.
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- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- April 28 2021
Marsh’s APAC jump points to recovery momentum
The broker recorded 8% regional growth as Asia begins a Covid-19 recovery.
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- April 22 2021
India’s LIC books record new business growth as it prepares for IPO
Sales at the state-owned life insurer have grown strongly despite Covid-19.
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- April 16 2021
Scor’s 1.4 renewals boosted by India and Japan
The reinsurer saw price increases of 12.3% on Japanese cat excess-of-loss programmes.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- March 31 2021
Peak Re’s profit climbs to US$90.8m in 2020
GWP was up 18.2% with the reinsurer well immunised from Covid-19 shocks.
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- March 30 2021
Malaysia P&C underwriting margins to come under pressure
AM Best sees an increased digitalisation of the market and 'good' profitability in the medium-term.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 18 2021
Singapore’s 2020 P&C underwriting profit hits US$177m
GIA data shows specialty lines fell to a US$20m loss although GWP was up 10% to US$590m.
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- March 12 2021
AIA sees 2021 momentum after challenging year
A Hong Kong-based broker tells IAN that business is 'returning to normal' after the 2020 downturn.
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- March 12 2021
Hannover Re Asia GWP grows 24% to US$2.5bn
German reinsurer says 2020 was a “very good” year for South-East Asia.
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- March 3 2021
Prudential’s Asia sales take HK hit but profit climbs 12%
CEO Mike Wells is looking to raise up to US$3bn and wants more shareholders in the region.
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- February 26 2021
Malaysia’s general market fell by 3.6% in H1 2020
Malaysia Re report notes that motor insurance, which represents 47% of the market, saw the worst decline.
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- February 26 2021
Munich Re posts solid annual results despite Covid-19 hit
Gross written premiums (GWP) for the German major increased 6.7% to US$65bn in 2020.
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- February 25 2021
Axa posts robust 2020 Asia results
CEO Thomas Buberl plans Axa XL turnaround after US$1.7bn global loss.
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- February 25 2021
Australia brokers’ strong results belie Aon/WTW concerns
AUB, Steadfast and PSC all announced eye-catching results.
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- February 22 2021
Allianz Asia 2020 GWP hits US$9bn
China and Malaysia were standouts as regional profits climbed to US$668m.
