Results

Japan P&I Club records net surplus of US$43m in FY23, boosts reserves by 28.9%

July 1 2024

Reduction in underwriting expenses and spike in investment income offset the decrease in net premium and increase in net claims.

Korean insurers to prioritise CSM-friendly products to help drive profitability: Fitch

June 26 2024

Profits to stabilise following full implementation of IFRS 17, so insurers likely to prioritise protection-type and long-term products.

Domestic underwriting challenges to persist for Japanese major non-life insurers in FYE25: Fitch

June 21 2024

Domestic motor and property lines expected to face difficulties, but strong overseas performance and sales of cross-held shares will provide financial stability.

Japan's major non-life insurers report profit surge for FY2024

June 19 2024

Profits double, while net premiums rise, driven by strong overseas performance and yen depreciation.

Chinese insurers facing profitability risks from property investments: Moody's

June 17 2024

Moody's warns of material risks, particularly in alternative investments where risk exposure is unclear even to insurers.

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Nippon Life leads premium growth as Japanese life insurers rebound in FY23

June 13 2024

CreditSights report reveals mixed premium results, including some declines, but Japan's life industry sees profits rebound thanks to lower COVID-19 claims and better investment conditions.