insurance
VINARE bags $14.27m pre-tax profit in H1 2024
VINARE bags $14.27m pre-tax profit in H1 2024
It targets to reach pre-tax profit of $20.2m by yearend.
Life Insurance Corporation of India eyes ~3% growth in new business margin
It also announced plans to acquire a majority stake in standalone health insurance.
Hannover Re’s net income climbs 21% YoY in H1 2024
Earnings per share stood at $10.59.
Nearly half of Hong Kong workers report mental strain, desire to leave
41% are planning to work from home to avoid workplace interactions.
Fukoku Life's solvency ratio expected to reach 300%
Positive investment spread will continue to widen over the next 3-5 years.
Hollard Australia’s capital remains solid until 2026
It will also benefit from its acquisition of Commonwealth Insurance.
Japan's top insurers see mixed Q1 results amidst NatCat impacts
Jefferies warns to watch for potential natural catastrophes in Q2 2024.
Meritz Fire & Marine Insurance eyes MG Non-Life Insurance
Three entities are now bidding to acquire the non-life insurer.
Why AmMetLife CEO relies on digital to boost customer experience
The CEO coined four Cs to enhance customer experience.
Chubb makes chief appointments in finance team
Their roles are effective 4 September.
Sun Life Asia's Q2 2024 net income surges 24% YoY
The group’s EPS stood at $1.11.
SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
Employment in the market was stable, a slight decrease of 0.5% versus last year.
Malayan adjusts portfolio to lower investment risks
The insurer is seen to have a five-year average ROE ratio of 3.8%.
Insurance market to hit $44.8b by 2032
APAC is the fastest-growing market for insurance analytics.
Japanese insurers tighten underwriting amidst Q2 market challenges
This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
Sompo Holdings net income expands in Q1 2024
Net income per share stood at $0.83.
Dai-ichi Life’s Q1 2024 profit soars 41.1% YoY
Revenues inched up 0.52% YoY.
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