Fairfax Financial's Q4 2024 earnings reveal record underwriting income, strong international growth, and strategic acquisitions.
Northern Arc Capital, a Non-Banking Financial Company (NBFC), reported a nearly flat net profit of Rs 76 crore for Q3 2024 ...
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of The Dai-ichi Life In ...
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The Punch on MSNRecapitalisation may force tier-3 banks to merge – FitchFitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...
CFO Francois Morin stated the overall ex-cat accident year combined ratio was 79% for Q4 and 78.6% for 2024. He also indicated that the catastrophe load for 2025 is expected to represent approximately ...
The MetLife Holdings segment consists of products that are no longer actively sold in the US and profits from this segment should continue to decrease. The firm also operates with strong market ...
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Mereo Insurance Limited ...
One of the most important financial ratios, and one carefully regarded by regulators, is the capital-to-risk weighted assets ratio, or capital adequacy ratio, of a bank. This ratio measures a bank's ...
The global reinsurance industry posted a combined ratio of 91.5% in 2023 ... S&P Global noted that capital adequacy in the sector remained robust at year-end 2023, bolstered by strong earnings ...
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ADIB logs AED6.1 billion in net profit for 2024ADIB maintained a robust capital position with a Common Equity Tier 1 ratio of 12.1 percent and a total Capital Adequacy Ratio of 16.2 percent. The bank's liquidity position was healthy and within ...
The provision coverage ratio (PCR) as on 31 December 2024 was at 74.76% and PCR without considering gold loans NPAs was at 75.56%. Capital adequacy continues to be strong and as on 31st December 2024, ...
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