trending Market Intelligence /marketintelligence/en/news-insights/trending/RgcU3kd18zoRx-De3ipfdg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Earnings roundup: Ping An, UK's Prudential earnings climb YOY in FY'18

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Earnings roundup: Ping An, UK's Prudential earnings climb YOY in FY'18

With earnings season in gear, S&P Global Market Intelligence presents a snapshot of recently reported financial results for companies in the insurance space.

Life and health

Ping An Insurance (Group) Co. of China Ltd.'s full-year 2018 net profit attributable to shareholders of the parent company jumped 20.6% year over year to 107.40 billion yuan from 89.08 billion yuan in 2017.

EPS rose to 6.01 yuan from 4.99 yuan.

-----------------------------------

Prudential PLC reported operating profit of £4.83 billion in 2018, up from £4.70 billion in 2017, driven by a 14% increase in operating profit from Asia life insurance and asset management businesses.

IFRS after-tax profit rose year over year to £3.01 billion from £2.39 billion.

Property and casualty

NI Holdings Inc. reported fourth-quarter 2018 net income attributable to the company of $14.9 million, up from $13.9 million in the year-ago quarter.

Basic EPS for the quarter was 67 cents, up from 62 cents in the prior-year period.

-----------------------------------

Kingstone Cos. Inc. reported fourth-quarter 2018 net operating income of $872,000, or 8 cents per share, down from $1.9 million, or 18 cents per share, in the year-ago quarter.

Net loss for the period was $880,000, or a loss of 8 cents per share, including an unrealized decline in the value of equity securities, compared with net income of $1.9 million, or 18 cents per share, in the prior-year period.