Premier agents and banccassurance help boost AIA China's VONB by 20% to over US$1bn in 2023

Published on March 1, 2024
AIA China delivered growth of 20% in the value of new business (VONB) to $1,037m in 2023, driven by a double-digit increase in the group's Premier Agency channel and excellent growth from the
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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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AXA XL, the P&C and specialty risk division of global insurer AXA, has made two strategic senior appointments, including the promotion of Mark Steddon to Head of Crisis Management, UK & Lloyd’s and GCUO.Steddon previously served as the Head of UK and Global Product Head, War, Terrorism and Political Violence at AXA XL.At the same time, the insurer has appointed Paul Thomas as Head of Sports, Media