APAC
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 reinsuranceÂ
He joined Aon back in 2015.
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.
Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Its life business in the region saw double-digit growth.
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.
Howden Re boosts cyber reinsurance with new appointment
The company forecasts the cyber insurance market to reach $40b by 2030.
Miller expands Asian team, appoints Edward Cheak
He brings over a decade of experience.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
AXA sells investment arm to BNP Paribas for $6b
The sale is expected to drag AXA’s earnings by $440m.