Financial Statements
Marsh McLennan Q1’24 revenue up 9% to $6.5b
Marsh’s APAC business saw its revenue jump 6% YoY.
ICICI Lombard's GDPI climbs 17.8% in FY’24
Its Q4’24 earnings were driven by motor and health segments.
Lloyd’s sees 11.6% gross written premiums surge in 2023
Its overall profit before tax stood at $13.5b.
HDI Global SE’s insurance revenue soars 10% YoY in FY'23
Its Singapore business expanded its product offering through political and credit risk market entry.
Prudential's new business profit jumps 45% YoY
Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.
FWD Group sees 22% YoY surge in new business value for 2023
Operating profit surged 27% YoY to $372m.
AIA records double-digit profit growth in 2023
Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.
MS Amlin rebounds in 2023
The (re)insurer registered a net loss of $60m in 2022.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
UOI net profit up 70.2% in H1 due to favourable investment markets
United Overseas Investment Limited (UOI) posted $12.15m net profit.
Commentary
AI isn’t replacing insurance, it’s finally making it work