Financial Statements
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Sompo forecasts $1.47b net income for FY’25
Its FY’24 net income significantly grew compared to the previous year.
Generali’s GWP surges 21.4% YoY in Q1’24
This growth was driven by both its life and P&C businesses.
Tokio Marine nearly doubles its FY’24 net income
It saw its assets reach $200b.
MS Reinsurance rebounds in FY’23 amidst favourable conditions
Gross written premiums increased by 34%.
SCOR logs $191.45m in Q1'24 driven by robust P&C segment
Business segments had mixed results during the period.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
Swiss Re posts $1.1b net income in Q1’24
Insurance revenue reached $11.5b.
Allianz Q1’24 profit sees 6.8% YoY jump
The growth was driven by its P&C segment.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
QBE reports 2% YoY growth in Q1’24’s GWP
Premiums declined by 2% in constant currency.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
Manulife’s Asia segment net income down 29% YoY in Q1’24
APE sales in Asia climbed 13% YoY to $950m.
GIC Re witnesses premium income fall in 9M’23
Its premium income fell to INR28,458.1 crore.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
AIA’s new business value jumps 31% YoY in Q1’24
Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.
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Insurers need cultural overhaul in digital push
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Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
