Financial Statements
Chubb’s net income rises 2.7% to $9.27b in FY 2024
Chubb’s net income rises 2.7% to $9.27b in FY 2024
The APAC unit saw a 22.2% surge in P&C insurance.
RSM posts $1.1b revenue in APAC for FY 2024
Revenue from developed Asian economies saw a 9% YoY increase.
Aon reports 45% earnings boost in Q4 2024
Basic earnings per share (EPS) during the quarter was $3.31.
Marsh McLennan bags $4.1b for FY 2024
It’s full-year revenue increased by 8% YoY to $24.5b.
AIA’s value of new business slated for 23% growth for Q4 2024
But challenges in Malaysia and Thailand could weigh on performance.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
SBI Life Insurance 9M 2024 profit catapults 48% YoY
Annualised premium equivalent also jumped by 11% YoY.
Toa Re’s H1 2024 net income nearly doubles
This was the second year of growth since a net loss in 2022.
Cathay Life boosts 9M 2024 net profit to $2.06b
The value of new business (VNB) increased 20% to $740m.
Fukoku Life’s annualised premiums jump 13% YoY in H1 2024
Fukoku Life demonstrated solid growth in 1H24, according to CreditSights.
Asahi Life's core profit jumps 67.7% in H1 2024
Asahi Life plans to enhance profits in protection-type products.
Nippon’s H1 2024 core profit surges 36% despite premiums decline
New annualised premiums for individual and annuity insurance fell by 1.8% YoY.
Muang Thai Life 9M 2024 net profit rises 7.3% despite lower premiums
New business premiums dropped by 2.7% YoY.
QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024
Strategic portfolio exits have mitigated the impact of catastrophe losses.
Munich Re eyes $6.3b net profit in 2025
The company expects group insurance revenue to reach $67.2b.
Vietnamese insurer cuts profit forecast after Typhoon Yagi
Bao Minh’s board proposed keeping its revenue target at $268m.
Thought Leadership Centre
In Association with
Most Read
1. Manulife unveils IUL product tied to S&P 500 returns 2. Australian firms expect financial crime surge in 2025 3. LIA Singapore appoints Wong as president with new 2025 goals 4. Prudential Singapore launches Wealth Suite for high net worth clients 5. Singapore launches online tool for health insurance planningResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Events
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants