Results

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.

Canopius reports 35% GWP growth in Asia Pac amid record global result

March 13 2024

APAC hits US$295m in GWP, driven by strong growth in Lloyd's business, accident and health and treaty in Australia, and reinsurance portfolio in Singapore.

hong-kong-underwriting-profits-and-gross-premiums-fell-sharply-in-2023

Hong Kong underwriting profits fell sharply in 2023

March 8 2024

Extreme weather and a struggling property market paved the way for big drops across multiple lines, according to provisional Insurance Authority data.

Thai Re posts strong profit growth in 2023

February 28 2024

Thai Reinsurance reports 219% surge in net profit to THB 231m (US$6.4m).

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