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-2024

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-life-insurance-industry-sees-30-4-growth-in-new-business-premiums-for-1h-2024

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.

chinas-insurers-see-33-1-surge-in-claims-in-first-half-of-2024

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.

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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.

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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.

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.

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25 September