The insurtech attributes achievement to its tech-first approach and positive performance of flagship offerings, such as digital assets protection and pet insurance.
AM Best's APAC reinsurance composite shows combined ratio improved from 94.5% in 2022 to 91.6% in 2023, off the back of favourable earnings and absence of major cat events.
Direct general insurance segment records HK$739.3m (US$94m) Q2 profit, driven by strong result in general liability, according to provisional data from the IA.