insurance
Munich Re’s net profit soars 40.6% YoY in Q2 2024
Munich Re’s net profit soars 40.6% YoY in Q2 2024
The company hopes to reach $5.5b by the end of the year.
Beazley’s H1 2024 profit jumps two-fold
Earnings per share stood at 68.7 pence.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
Central Re’s finances bolstered by prudent investments and retrocession
AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.
Asia’s Q2 insurance pricing stays flat
Overall capacity was sufficient but challenges persist in property and flood risks
QBE doubles net profits to $802m in H1 2024
Its gross written premium increased by 2%.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
Cambodia’s gross premiums dip 0.85% YoY in June
The life insurance market’s contraction was offset by its general insurance.
Indonesian insurers' assets hit IDR1,126.26t, up 1.14%
Both its life and general insurance segments grew YoY.
Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Its life business in the region saw double-digit growth.
Japan’s big-four insurers to raise fire insurance premiums 15%
The decision comes in the wake of failing profitability in the fire insurance market.
How bancassurance can overcome data sharing challenges
A varied regulatory environment remains a consistent challenge for data sharing.
AXA net income climbs 6% YoY in H1 2024
Thanks to higher underlying earnings and net realised capital gains.
Guy Carpenter estimates CrowdStrike outage loss ~$1b
A malicious attack on a widely used operating system could birth $2b in losses.
Manulife Asia’s profit quadruples, Hong Kong segment doubles core earnings
The group’s NBV margin improved by 3.4 percentage points.
Global insured NatCat losses hit $60b in H1 2024
The US alone experienced 12 severe storms in H1.
No lifetime cap on Bupa’s latest medical insurance plans
It has annual benefit limits ranging from HK$5m to HK$10m.
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