Results

HDI Global Singapore reports profitable growth in every line of business for 1H 2023

August 22 2023

HDI recently expanded its Asia offering to include Political Risk and Credit and Graham Silton—MD for Singapore—says the group has plans for further regional expansion in 2024.

Taiwan insurers look to bolster capital levels as US rate rises bite

August 22 2023

Taiwanese insurers are making strategic changes as they face pressure from rising interest rates and falling premiums.

IAG's GWP up 10.6%, but underwriting profit down 35% in FY2023

August 21 2023

Net profits up 140% thanks to investing results, but combined ratio deteriorates to 93.6% due to Nat Cats in Australia and New Zealand.

Thai Reinsurance sees profit growth of 137% in 1H 2023

August 11 2023

Thai Re recorded strong growth post-COVID-19, driven by hard market conditions.

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AM Best reaffirms 'Excellent' ratings for Taiwan's Central Re amidst continued expansion of overseas business

August 11 2023

Despite challenges from the pandemic, Central Reinsurance Corporation has had its financial strength and long-term issuer credit ratings reaffirmed.

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Generali Asia's P&C operating performance more than doubled in 1H 2023 despite combined ratio increase

August 10 2023

Group operating results up 28%, with Asia delivering profit of US$51.5m despite combined ratio increase to 98.5%.

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Zurich APAC's 1H results show premium increases of 43% in life and savings and 15% for P&C premiums

August 10 2023

A surge in premiums and new retail customers marks a strong first half for Zurich APAC, with the Japanese life business performing particularly well.

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Suncorp New Zealand: year-end P&C profits down 56%, focus on recovery

August 9 2023

Premiums to be impacted after insurer is hit hard by twin Feb Nat Cat events, increased reinsurance costs, and inflationary pressures.

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Q2 sees Chubb hit record combined ratio as Asia tops P&C growth

July 26 2023

Combined ratio for the quarter was 83.3% with APAC posting the largest increase in P&C premiums, up 17.4%.

Prudential unveils impact of IFRS 17 on financial performance

July 20 2023

Group CFO Ben Bulmer summarised the impact has been in line with the group's preliminary guidance.

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Ping An release 2022 results under IFRS 17, stating new accounting standard will not affect their strategy

July 19 2023

Revenue down, net profit up considerably, but effects on total assets and liabilities were estimated at 1%.

Japan P&I Club reports 2022 financial recovery amidst ongoing pandemic challenges

July 19 2023

Following a loss in the previous fiscal year, Japan P&C Club have rebounded to profitability following premium increases and a decrease in claims.

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