Subject: Results Page 19 / 30
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- February 8 2022
Suncorp’s profit dips as H1 nat cat claims soar
Insurance arm in Australia saw profits fall by more than half to US$81.3m.
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- February 7 2022
Aon’s Asia arm boosts revenue growth
The global broker saw 9% revenue growth for FY 2021.
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- February 4 2022
Hannover Re boosted APAC premiums by 8.2% at 1.1 renewals
Conditions and rates were stable or trended in a positive direction, the company said.
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- February 4 2022
Chubb ups stake in China’s Huatai to 86.1%
The US insurer is bolstering its presence in the second largest insurance market in the world.
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- January 31 2022
China reports 58% surge in motor cover
As the amount being insured has risen, premiums have fallen by 5.7% - a positive for the market.
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- January 28 2022
Marsh APAC revenues climbed 38% in 2021
Broker saw APAC revenues hit US$1.46bn with 9% underlying growth, as India deal bolsters Q4.
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- January 25 2022
Sri Lanka Insurance sees GI book grow 5.4% in 2021
The insurer's overall premiums hit US$213.2m, an increase of 9.7% over 2020.
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- January 24 2022
CPIC records life and P&C premium growth for 2021
P&C premiums at the Shanghai-headquartered insurer grew by over 3% to US$24.2bn.
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- January 24 2022
PVI Re sees record revenue and profits
The company is listed on the Hanoi Stock Exchange and celebrated its tenth anniversary last year.
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- January 21 2022
Howden continues APAC growth as global EBITDA climbs 50%
As the broker expands into New Zealand, APAC accounts for 14% of its global revenues in FY 2021.
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- January 19 2022
China Taiping GI’s 2021 GWP decreases 2% from previous year
The Chinese P&C subsidiary recorded US$4.33bn of GWP in 2021.
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- January 18 2022
Ping An sees P&C GWP fall in 2021
The insurer generated US$42.5bn of non-life gross written premium last year.
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- January 11 2022
China was second-largest insurance market again in 2021: CBIRC
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
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- December 31 2021
Philippine broker premiums hit US$1.44bn in 2020
Aon topped the list placing around US$260m in premiums followed by Marsh, BDO Insurance and Lockton.
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- November 25 2021
New Zealand’s Tower sees net profit climb 72% in FY2021
The frequency of large house claims, predominantly driven by fires, continued to increase in the second half of the year.
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- November 22 2021
Tokio Marine’s H1 profit boosted by rates, Covid rebound
Net written premiums in the group's international non-life business increased 14.6% to US$5.94bn.
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- November 22 2021
Sompo bumps profit target after H1 improvement
Global player increases net profit forecast by US$464m as Asia (ex-Japan) performance revised upwards.
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- November 12 2021
AIA grows new business 15% in first nine months
Hong Kong sales continue to struggle as a result of restrictions on mainland Chinese visitors.
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- November 9 2021
IAG, Suncorp recalibrate cat claims after October hailstorms
Hannover Re's Australia head Michael Eberhardt tells IAN the revisions have come "very early" in the year.
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- October 29 2021
IAG faces up to ‘historical failures’ despite pushback on bonuses
A shareholder revolt greeted the insurer's executive compensation plans after posting a US$313m loss.
