Subject: Results Page 24 / 30
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- August 21 2020
Suncorp focuses on transformation as FY cash profit drops 33%
Group CEO Steve Johnston recognises the need to speed up change.
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- August 20 2020
AIA’s CEO optimistic despite H1 37% new business drop
Lee Yuan Siong sees strong growth in markets where Covid-19 restrictions are being relaxed.
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- August 17 2020
Marsh’s Australia CEO handed APAC risk role
Scott Leney has over 30 years of experience and takes on an expanded group role.
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- August 14 2020
QBE’s Regan bullish on premium rises despite H1 loss
Group CEO says the global player has seen the highest rises since 9/11.
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- August 6 2020
Allianz reveals mixed first half Asia results
While L&H profits fell 9%, P&C climbed 21% bolstered by Malaysia, Sri Lanka and Thailand.
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- August 3 2020
Aon’s Case hails WTW deal amid “economic volatility”
The broker saw double digit Q2 organic growth for commercial risk solutions in Asia.
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- July 28 2020
Latest results highlight high cost of Covid-19
Uncertainty is clouding remainder of 2020, but some see opportunities.
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- July 24 2020
IAG scraps dividend after FY earnings hit
CEO Peter Harmer cites a triple whammy of nat cats, Covid-19 and lacklustre investment returns.
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- July 23 2020
Swiss Re reveals H1 Covid-19 hit, completes ReAssure sale
Pandemic has cost around US$2.5bn in claims and reserves across P&C, L&H and Swiss Re CorSo.
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- July 23 2020
QBE expects US$750m first half loss
The global player has been hit hard by Covid-19 and nat cats but CEO Pat Regan remains positive.
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- July 21 2020
Neal tells Lloyd’s syndicates to shape up
100% plus CORs include those with Singapore units, as market eyes US$14bn 2021 expansion.
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- June 23 2020
Steadfast’s profit guidance back on track
The broking giant is confident of meeting its numbers.
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- June 3 2020
Japan’s majors well placed to face Covid-19 fallout
As a recession looms, MS&AD, Sompo and Tokio Marine can count on strong, diverse businesses.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- June 2 2020
China’s Huize sees 40% GWP jump as CEO “optimistic”
The digital player's results follow its downgraded Nasdaq IPO in February.
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- May 25 2020
Singapore’s life players see 10% Q1 jump in new business
The fallout from Covid-19 could be seen in the following quarters.
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- May 21 2020
Profits slump at Japan’s majors after huge disaster bills
Nat cat claims, Covid-19 and stock market turmoil have been a triple whammy.
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- May 18 2020
CPIC sees 3.4% GWP growth in first four months
The Chinese giant has had a steady start to the year.
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- May 15 2020
Zurich and Allianz reveal Covid-19 hits
The European giants will be hoping for quick recoveries in APAC markets.
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- May 15 2020
Covid-19 to challenge market “as never before”: Neal
Lloyd's players could be on the hook for US$4.3bn of claims alone.
