Financial Statements
Chubb's Q2 2024 net income jumps 24.3% YoY to $2b
Chubb's Q2 2024 net income jumps 24.3% YoY to $2b
The region’s P&C net premiums surged by 33% YoY.
Marsh McLennan reports 6% YoY revenue rise in Q2 2024
Asia Pacific’s underlying revenue climbed 70% YoY.
Toa Reinsurance grows net income by sixfold in FY 2023
Its net written premiums, on the other hand, dwindled 12.5%.
Lockton bags 4th year of double-digit growth in organic revenues
It climbed 14% YoY.
Kyobo Life's profits reach $230m in Q1
CreditSights said this was the second-highest earnings figure in the market.
Asahi Life’s core profit soars fivefold in FY23
This was equivalent to $190m.
Fukoku Life posts record core profit in FY23
Despite a slight dip in premiums, its core profit accumulated $640m.
HDI Global's Q1 net income rises to $112m
Thanks to inflation-related price changes and new business in property.
FWD Group reports 17% growth in VNB for Q124
The company saw $215m in terms of value of new business.
Allianz Malaysia sees 15.1% revenue jump in Q124
It saw its revenue total $281.4m.
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Sompo forecasts $1.47b net income for FY’25
Its FY’24 net income significantly grew compared to the previous year.
Generali’s GWP surges 21.4% YoY in Q1’24
This growth was driven by both its life and P&C businesses.
Tokio Marine nearly doubles its FY’24 net income
It saw its assets reach $200b.
MS Reinsurance rebounds in FY’23 amidst favourable conditions
Gross written premiums increased by 34%.
SCOR logs $191.45m in Q1'24 driven by robust P&C segment
Business segments had mixed results during the period.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
Commentary
AI isn’t replacing insurance, it’s finally making it work