Australia: QBE's profits more than double in 2023 to US$1.36bn

Published on February 19, 2024
Sydney-headquartered global insurer QBE Insurance Group more than doubled its profit for 2023, boosted by higher premium income, according to financial statements released by the company.
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Reinsurance: Swiss Re's net income surges by 580% to US$3.2bn

February 19, 2024
Zurich-headquartered Swiss Re has reported a net income of $3.214bn and an ROE of 22.3% for the full year 2023, compared with a net income of $472m and an ROE of 2.6% in 2022, according to statements

Japan: Tokio Marine Holdings to establish group audit committee on 1 April

February 19, 2024
Japan's biggest non-life insurance group, Tokio Marine Holdings (TMH), has announced that it has decided to establish a Group Audit Committee (GAC) on 1 April 2024.