Financial Statements
SBI Life insurance pencils 27% YoY profit surge in FY 2025
SBI Life insurance pencils 27% YoY profit surge in FY 2025
New Business Premium stood at $426.92m.
Chubb’s Q1 2025 profit dips 38%
P&C lines' premium growth was 6.1% for the region.
Ping An Health’s Q1 2025 earnings hit $8m
70% of Ping An Life’s new business value came from health and senior care services.
Marsh McLennan posts 1.4% dip in net income for Q1 2025
It’s APAC segment bagged $335m in revenues.
ICICI Lombard earnings surge 30% YoY in FY 2025
Gross written premiums for FY 2025 also climbed 10.4%.
Pacific’s capital strength stable despite reinsurance reliance: AM Best
It’s net underwriting growth is expected to stay elevated in the medium term.
Zhongyuan Agricultural Insurance profits from cost controls: Fitch
It’s capital position is projected to remain resilient over the next 2 to 3 years.
Korea’s new capital rules reduce insurers' capital burden
Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.
Sunshine Insurance net profit soars 45.8% in FY 2024
The group’s customer base reached 30.19 million last year.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
Prudential net profit rises 41.1% to $2.4b in FY 2024
EPS stood at $0.897.
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.
MS Amlin’s FY 2024 underwriting profits rise 12% to $250m
Gross written premiums increased to $2.2b.
Generali earnings reach $5b in FY 2024
Gross written premiums rose by 14.9% YoY.
Nippon Life’s net income surges 63% YoY in 9M 2024
Ordinary expenses narrowed to $3.2b.
AIA Singapore reports 15% rise in VONB for FY 2024
Annualised New Premium also rose by 52% YoY.
Commentary
AI isn’t replacing insurance, it’s finally making it work