S&P Global highlights bright spots and undercurrents in China's insurance market

Published on March 1, 2024
Competitive pricing and rising exposure to natural catastrophe risk are expected to pile pressure on the underwriting results of the P&C insurance market in China, says S& P Global Ratings (S&P).
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IGI anticipates full year 2023 net income to hit $118.2m

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In its preliminary results, International General Insurance (IGI) has revealed that full year 2023 net income will reach $118.2 million, up from $89.2 million in 2022.IGI also anticipates an increase in gross written premiums to $688.7 million for the full year 2023, representing growth over 2022 of 18.3%.Meanwhile, book value per share is expected to increase to $12.40 for the full year 2023, an

AXA XL names Steddon Head of Crisis Management, UK & Lloyd’s and GCUO

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