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This week in insurance: S’poreans lag on care planning, AI reshapes workforce, Japan quake losses limited
NewsAugust 3, 20263 min read

This week in insurance: S’poreans lag on care planning, AI reshapes workforce, Japan quake losses limited

Rise of China insurance and wealth management firms are shrinking office vacancy rates in Hong Kong. The insurance industry from 27 to 31 July saw growing focus on retirement and…

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AIA expands cross-border care as 34% fear medical costs
NewsAugust 3, 20262 min read

AIA expands cross-border care as 34% fear medical costs

Dental card users can receive treatment without upfront payment. AIA Singapore will introduce enhancements to its corporate employee benefits insurance from 1 August 2026, expanding access to healthcare services in…

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Hyundai Insurance targets profit as past growth strains capital reserves
NewsAugust 3, 20262 min read

Hyundai Insurance targets profit as past growth strains capital reserves

AM Best expects moderate revenue gains and further portfolio improvement. Hyundai Insurance (China) Co., Ltd. (HIC) will likely have a better outlook in the medium term, with expectations that the…

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Jefferies warns policy growth lags Hong Kong premium surge
NewsAugust 3, 20262 min read

Jefferies warns policy growth lags Hong Kong premium surge

Brokers became the largest channel for Manulife and FWD. Hong Kong’s life insurance market continued to record broad-based growth in the first quarter of 2026, with agents remaining the main…

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QBE underwriting gains strengthen balance sheet defence
NewsAugust 3, 20261 min read

QBE underwriting gains strengthen balance sheet defence

Prior-year reserve development remained favourable. Australia-listed QBE Insurance Group Limited’s outlook remains stable, with expectations that capital reserves will remain at least very strong, backed by a conservative investment portfolio,…

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FWD adds repeat claims as cancer survival reaches 61%
NewsAugust 1, 20262 min read

FWD adds repeat claims as cancer survival reaches 61%

Mortality declined to 72 deaths per 100,000 people during 2019 to 2023. FWD Singapore has launched FWD MultiCover CI, a new critical illness policy designed to provide ongoing payouts rather…

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Hong Kong caps commissions as life insurers compete
NewsAugust 1, 20262 min read

Hong Kong caps commissions as life insurers compete

Mainland visitor demand rebounded strongly in 2025 despite tighter cross-border fund controls. Hong Kong’s life insurance sector maintained strong growth in 2024 and 2025, supported by demand from Mainland Chinese…

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Magnitude 7.1 Japan quake may trail Kumamoto losses
NewsAugust 1, 20262 min read

Magnitude 7.1 Japan quake may trail Kumamoto losses

Government reinsurance supports residential earthquake claims whilst commercial policies carry strict exclusions. Japan’s magnitude 7.1 earthquake on 28 July 2026 is expected to have its total insured financial losses to…

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Bupa Arabia claims Saudi insurance influence crown
NewsJuly 31, 20261 min read

Bupa Arabia claims Saudi insurance influence crown

The company advanced from 95th to 69th in the nationwide assessment. Bupa Arabia for Cooperative Insurance has been named the most influential insurance brand in Saudi Arabia in the Ipsos…

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Insurers push catastrophe exposure onto investors
NewsJuly 31, 20262 min read

Insurers push catastrophe exposure onto investors

Households, lenders, governments and capital markets are absorbing more financial pressure. Natural hazard risk is becoming a bigger factor in investment decisions as insurers reduce capacity, and the financial impact…

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