Insurance
Ping An bags $12b net profit in H1 2024
An interim dividend of $0.13 per share in cash was declared.
Nippon Life’s Q1 2024 net income skyrockets to $770m
Total new policies saw $4.1m during the period.
GIC Re's profit climbs to $12m in Q1 2024
Its assets grew to $2.22b.
Australian CEOs identify longevity insurance barriers
The meeting brought together 21 life insurers in the country.
Philippine’s life sector net income jumps 22% in H1 2024
Total assets also increased by 6.86% YoY.
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
Future Generali India welcomes new chief risk officer
He brings over two decades of experience.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
IAG’s net profit rises 7.9% in FY 2024
It ended with a final dividend of 17.0 Australian cents per share for the year.
Marsh's $50m facility to tackle growing port issues
The facility is backed by insurers from Lloyd’s of London and the London market.
Only a third of Singaporeans have critical illness coverage
A quarter of Gen Zs did not meet MAS’ financial planning guidelines.
Agricultural insurance in China shows muted growth
It grew by 6% YoY.
Aashi Life’s net profit jumps over threefold YoY in Q1 2024
This was equivalent to $20m in earnings.
Hong Kong insurance complaints drop 10.6% in 2023
H1 2024 also recorded an 11.9% reduction in complaints.
Thailand's life insurance industry slated for CAGR of 4.4% by 2028
In 2023 the sector grew by 3.7%.
Igloo, TrueMoney team up to offer health insurance in Thailand
It also includes critical illness coverage.