P&C insurance
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
52 minutes ago
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
Huatai P&C profitability improves as claims experience stabilises
Fitch expects the synergy between Chubb and Huatai P&C to strengthen over time.
Australia's insurers log 3,000 claims post-Cyclone Alfred
ICA CEO said to expect “many more thousands of claims.”
Australia’s P&C could face $1.3b insured losses from Cyclone Alfred
The cyclone is forecast to make landfall on 7 March.
Chubb buys Liberty Mutual’s P&C businesses in Thailand, Vietnam
Terms of the deal were not disclosed.
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
New reinsurers enter Korea’s property treaty market, says Gallagher Re
Competition was more intense for excess of loss placements compared to pro rata.
Indonesia sees abundant reinsurance capacity from domestic, overseas insurers: Gallagher Re
Accounts that were free of catastrophe losses in 2023 and 2024 saw risk-adjusted rate reductions.
Losses from large fire, Typhoon Yagi hit China's proportional treaty results
Loss-free treaties benefitted from notable risk-adjusted reductions, Gallagher Re said.
Abundant reinsurance capital eases costs for ANZ property risks: Gallagher Re
Reinsurer quotations were closely aligned with fewer outliers compared to previous years.
Reinsurers set to achieve sub-90% combined ratios: Gallagher Re
The property catastrophe market saw reduced risk-adjusted pricing.
Non-life insurers told to upgrade tech to drive growth
It could help the industry ride market trends and mitigate risks.
Insurers alert to higher cyclone, flood risks in Australia
The threat of tropical cyclones remains high in northern Australia.
China sets 5-year plan for property insurance
It includes attracting int’l financial institutions to invest in China's property insurance market.
Zking P&C reduces high-risk insurance exposure
The insurer sees ROE to rise 5% end-2024.
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1. Bajaj Allianz launches exclusive insurance for women 2. Manulife unveils IUL product tied to S&P 500 returns 3. Singapore general insurance increases 6.3% YoY in 2024 4. Prudential net profit rises 41.1% to $2.4b in FY 2024 5. India non-life insurers face impact from 1/n rule transition: CareEdgeResource Center
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