Results

long-term-new-business-spikes-in-hk-in-2023-topping-2019-for-first-time

HK long-term new business spikes in 2023, topping 2019 for first time

April 25 2024

2023 a noteworthy year as Hong Kong life industry surpasses 2019 new business premiums, with HSBC Life topping charts for second year running.

Insurtech OneDegree sees 59% GWP increase in 2023

April 22 2024

Hong Kong virtual insurer exceeds HK$180m (US$22.97m) in GWP in 2023.

Malaysia's GI GWP rises 7.8% in 2023, but underwriting profit drops 26%: PIAM

April 2 2024

Growth in Malaysia's GI premiums are overshadowed by motor and fire profitability challenges.

peak-re-sets-record-us200m-net-profit-in-2023

Peak Re sees record US$200m net profit in 2023

April 1 2024

HK-headquartered reinsurer records significant turnaround from US$261m loss in 2022, according to unaudited figures from its parent company's annual results.

Indonesian insurtech PasarPolis reports 250% GWP increase for 2023

April 1 2024

Founder says insurtech is aiming aims to fully underwrite its products alongside 50% CAGR growth over the next four years.

korean-insurers-profits-soar-45-5-in-first-year-under-ifrs-17

Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%

March 27 2024

Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.

hdi-global-delivers-10-revenue-growth-with-strong-contributions-from-singapore-and-australia

HDI Global delivers 10% revenue growth in 2023, with strong contributions from Singapore and Australia

March 26 2024

Strategic business expansions in Singapore and Australia help to global revenue growth and COR improvement, with Oz GWP now topping US$1bn.

Ping An reports 23% profit decline in 2023

March 22 2024

Life & health business sees 3.2% reduction in operating profits, despite surge in NBV, while P&C operating profits decline 11.4%.

malaysias-insurance-and-takaful-funds-see-2h-2023-profit-dip-amid-rising-claims-in-2h-2023

Malaysia's insurance and takaful sector see H2 2023 profit dip amid rising claims

March 21 2024

BNM report shows surge in medical claims hit profits in 2H, but growth in new business premiums, GI, and investment income.

Hong Kong rebound fuels Prudential's 45% rise in new business profit

March 20 2024

Prudential 2023 financials reveal strong rebound, driven by Hong Kong's market and strategic Asia and Africa expansion.

aia-groups-vonb-soars-33-to-us4-03bn-in-2023

AIA's VONB soars 33% to US$4.03bn in 2023

March 14 2024

Hong Kong leads AIA's value of new business surge, with an 82% increase compared to 2022.

FWD Group reports 22% increase in new business value in 2023

March 13 2024

NBV hits US$991m as group achieves operating profit across all four geographic business segments for the first time.

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25 September