Results

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).

allianz-asia-pacific-reports-33-growth-in-operating-profit

Allianz Asia Pacific reports 33% operating profit growth in 2023

February 26 2024

Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.

zurich-asia-pacifics-operating-profit-surge-18-to-record-us565-million

Zurich Asia Pacific’s operating profits surge 18% to record US$565 million

February 23 2024

APAC P&C gross written premiums up 11%, while life insurance business surge 88%.

indias-non-life-providers-notch-three-quarters-of-solid-growth

India’s non-life insurers notch three quarters of solid growth

February 23 2024

Major segments thrived, while smaller lines of business like marine and liability faced challenges.

chinas-non-listed-pc-and-life-insurers-see-contrasting-results-in-2023

China's non-listed insurers see large losses amid mixed results in 2023

February 21 2024

Life segment's US$1.97bn losses contrast with P&C's US$659m profits, though only 35% of P&C insurers achieve COR below 100%.

QBE Insurance’s profit more than doubles on strong premium growth

February 16 2024

Despite challenges from inflation and catastrophe claims, QBE reports a significant profit increase and optimistic underwriting outlook for 2024.

malaysias-gi-premiums-up-7-3-but-profits-slide-for-h1-2023

Malaysia's GI premiums up 7.3% in H1 2023, but profits slide

November 28 2023

Underwriting profits fall 37.8%, predominantly due to increased motor and property insurance claims.

apra-board-member-suzanne-smith-urges-balance-between-insurers-financial-health-and-insurance-affordability

APRA Board Member Suzanne Smith urges balance between insurance financial health and affordability

October 12 2023

Smith spoke at the Insurance Council of Australia's Annual 2023 Conference and emphasised importance of balance in the face of issues like cost-of-living pressures and natural catastrophes.

A building with a tall building in front of it.

CEO Hahn confident Peak Re will have one of its most profitable years after strong H1 2023

October 6 2023

Despite a drop in revenue, Peak Re posted a first half net profit of US$160m in 2023, a sharp turnaround from a loss of US$103m in 2022.

Singapore-based reinsurers double underwriting profits in 2022

September 19 2023

Singapore's top ten largest reinsurers saw underwriting profits more than double in 2022 as they tightened underwriting terms and lowered losses, amid economic and catastrophe-induced volatility.

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25 September