APAC

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APE sales increased by 7% YoY to $1.6b.

Burke has over 17 years of industry experience and has a background in travel insurance.

There was a noticeable decrease in market capitalisation noted from Q4’22 to Q4’23.

86% of directors and officers consider health and safety more important.

Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.

Rates in catastrophe-exposed regions were stable despite declines.

It closed a total of 12 acquisitions during the period.

Earnings per share stood at $5.35 during the quarter.

Demand for car and travel insurance is increasing, amidst mandatory coverage.

Diluted EPS for the quarter was at $1.83.

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.

It forecasts a net profit of €5b for the year, 9% higher than 2023.

MS Amlin will utilise Moody’s cloud-native applications for underwriting, capital and pricing.

The group saw strong results in its commercial and consumer P&C and Asia life businesses.

Stephen Lee has more than 30 years of experience in the industry.