Financial Statements

Talanx net income jumps 25% YoY in FY 2024

Insurance revenue in the Corporate & Specialty division grew 10% YoY.

Ping An Insurance reports 47.8% rise in 2024 net profit

Life & Health new business value (NBV) increased 28.8% YoY.

Generali earnings reach $5b in FY 2024

Gross written premiums rose by 14.9% YoY.

AIA Singapore reports 15% rise in VONB for FY 2024

Annualised New Premium also rose by 52% YoY.

Pru Life UK records P10b in new business annual premium equivalent

Premium income from variable life insurance generated $810m.

FWD’s first net profit under IFRS 17, records $24m in FY 2024

Operating profit after tax rose 29% year-on-year.

Philippine insurers to adopt IFRS 17 standard by 2027

But insurers may opt to begin adjusting their financial reports prior to the date.

Canopius records 10% YoY growth in profits for FY 2024

Insurance contract written premium surged 28% YoY.

Liberty Mutual's net income hits $4.4b in FY 2024

For the year, revenue increased by 1.6% YoY to $50.2b.

Allianz APAC posts 15% YoY jump in business volume for FY 2024

Taiwan recorded the largest NBV expansion with a 68% increase.

Zurich Insurance Hong Kong bags double APE growth

The company’s customer net promoter score rose 15% YoY.

Allianz reports 16.7% increase in net income for FY 2024

It’s life and health segment saw the largest YoY increase of 14.7%.