driven by a higher operating profit and a better non-operating result. The Solvency II capitalization ratio remained at a strong level of 209 percent at the end of 2024 (3Q 2024: 209 percent 3).
Operating profit increased significantly to EUR 92 million for 2024, EUR 68 million after tax • (2023: EUR 81 million, after tax EUR 60 million) • The Total Capital ratio remains strong at 19.1% ...
The US property and casualty (P/C) insurance industry reported its first underwriting profit since 2020, recording a net underwriting gain of $22.9 billion in 2024, according to an AM Best report.
BANK of Commerce’s (BankCom) net income climbed by 7.95% year on year in 2024, as strong loan growth boosted its interest earnings. The San-Miguel Corp.-led bank’s net profit stood rose to P3.02 ...