insurance
Howden’s insurance segment bags 14% organic growth in FY 2024
Howden’s insurance segment bags 14% organic growth in FY 2024
New talent also contributed 30% of the organic revenue growth.
Aon reels in new head of Taiwan
She joined Aon back in 2014.
WTW posts $88m loss in FY 2024
Revenues for the year increased 5% YoY.
Insurance-linked securities market grows 10.5%, nears $50b notional value
The market benefited from strong issuance activity.
Everest Re FY 2024 net income shrinks to $1.4b
Although, gross written premiums climbed 9.1% YoY.
Commercial insurance rates dip 3% in Q4 2024
Financial and professional lines declined the fastest at 9%.
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
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.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
RSM posts $1.1b revenue in APAC for FY 2024
Revenue from developed Asian economies saw a 9% YoY increase.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Great Eastern, AmMetLife cancel acquisition plan
The plan was initially signed in 2023.
FDI cap for Indian insurers rise to 100%: Finance minister
The increased limit will apply only to companies that invest the entire premium within India.
Aon reports 45% earnings boost in Q4 2024
Basic earnings per share (EPS) during the quarter was $3.31.
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