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Results
HDI Global releases 1H 2024 results highlighting positive performance in AU, SG
August 20 2024
The insurer reported growth in revenue and earnings, with new business growth and price adjustments contributing to the positive results so far this year.
Philippine HMO industry sees return to profitability in 1H 2024
August 20 2024
Insurance Commission reports higher revenues for health maintenance organisations in 1H 2024 despite a surge in benefit payouts.
Suncorp reports 13.9% rise in GWP for FY2024, forecasts further rate hikes
August 19 2024
Insurer sees net profit of AU$1.2bn, but future financial dynamics set to evolve post-divestment of banking and NZ life insurance operations.
Singapore's life insurance industry sees 30.4% growth in new business premiums for 1H 2024
August 14 2024
Singapore’s life insurance sector recorded its best half-year new business performance since the pandemic, however claims also surged.
Thai Re reports 92% 1H net profit increase for 2024
August 12 2024
Thai reinsurer sees improvements in both personal and commercial lines, while net investment income surged.
China's insurers see 33.1% surge in claims costs in first half of 2024
August 12 2024
Key figures from the regulator reveal a notable rise in assets, but a rise in claims and benefits paid amid a series of floods this year.
Japan P&I Club reports lowest level of claims in five years
August 9 2024
Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.
Zurich’s Asia Pacific business logs higher operating profit for 1H 2024
August 9 2024
The Swiss insurance company recorded a US$260m operating profit for its APAC business, up 9% compared to the same period last year.
China Life overtakes Ping An as largest Asia-Pacific insurer by market cap
August 1 2024
Japanese insurers saw significant market cap growth despite regulatory scrutiny and scandals over the last 12 months.
Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies
July 11 2024
Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.
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