Tag: 2022 financial results

Financial, Risk Management

Ping An Profit Falls 6.3% on Market Turmoil, Weaker Sales

October 26, 2022

Via: Insurance Journal

Ping An Insurance (Group) Co., China’s second-largest insurer by market value, said profit dropped 6.3% in the first nine months as a slump in the stock market hurt investment returns and an economic slowdown hampered sales. Net income fell to […]

Geo-Political, Risk Management

Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments

August 3, 2022

Via: Insurance Journal

Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer shares plunged on a first-half loss. The first grain-carrying […]