Japan: Further rise in bond yields seen as positive for life insurers

Published on March 1, 2024
Japan's recent adjustment of monetary policy is likely to have a moderately positive impact on economic capital and earnings for the country's life insurers in the next one to two years, says Fitch
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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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