Browsing: financial results

Lucid Diagnostics (NASDAQ: LUCD) announced robust financial results for the fourth quarter and full year of 2024, highlighting significant growth in EsoGuard test volume and key strategic achievements. The company also provided a business update, emphasizing its progress in commercial coverage and new sales channels.

Lloyd’s, the premier re/insurance market, announced a decrease in profits before tax for 2024 due to a rise in claims attributed to major catastrophe events.

The US property and casualty (P&C) insurance sector saw a significant turnaround in 2024, generating substantial profits after a challenging 2023. This recovery was fueled by premium growth, improved loss control, and strategic adjustments in the face of persistent economic and environmental pressures.

Despite facing significant challenges, the U.S. insurance industry demonstrated resilience in 2024, achieving its first underwriting gain in four years, alongside improvements in key financial metrics.

AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, saw significant gains in 2024, with new business value up 20% and annualized new premiums increasing by 10%.

AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, experienced significant growth in 2024, with a 20% increase in new business value and a 10% rise in annualized new premiums.

Despite a decrease in pre-tax profit, Lloyd’s emphasizes underwriting discipline and strong capital strength in its 2024 financial results.

The US property and casualty (P/C) insurance industry saw a significant turnaround in 2024, achieving its first underwriting profit since 2020, according to a recent AM Best report. This positive shift was largely fueled by improvements in the personal lines segment.

Ping An Insurance Group’s net profit rose 47.8% in 2024, fueled by the growth of its life and health insurance business.

Life Insurance Corporation of India (LIC) announced a 16.26% increase in consolidated net profit for the quarter ending December 2024.