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Magnitude 7.1 Japan quake may trail Kumamoto losses
NewsAugust 3, 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
NewsAugust 3, 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
NewsAugust 3, 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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Ping An launches AI longevity coaching across China
NewsAugust 3, 20261 min read

Ping An launches AI longevity coaching across China

Four safeguards cover early screening, emergency support, medical assistance and multi-disease care. Ping An Group has launched an upgrade to its health longevity service system, introducing AI-driven private coaching and…

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Taiwan life insurers reverse losses under IFRS 17
NewsAugust 3, 20262 min read

Taiwan life insurers reverse losses under IFRS 17

First-year premium expansion ranged from 28% to 78% across three carriers. Taiwan’s major life insurers returned to profitability in the first quarter of 2026 as they reported their first results…

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Hospital insurance grows as Australia’s coverage reaches 45.6%
NewsAugust 3, 20262 min read

Hospital insurance grows as Australia’s coverage reaches 45.6%

Membership expanded across nearly every age bracket during 2025. The number of Australians with private health insurance for hospital treatment rose by 287,393 in 2025, according to data from the…

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Great Eastern Q2 2026 profit surges 103% to $392.5m
NewsAugust 3, 20262 min read

Great Eastern Q2 2026 profit surges 103% to $392.5m

Shareholders will receive an interim dividend of 35 Singapore cents per share on 28 August. Great Eastern’s first half (H1 2026) group profit attributable to shareholders jumped 43% year-on-year (YoY)…

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FWD launches MultiCover CI as cancer survival reaches 61%
NewsAugust 3, 20262 min read

FWD launches MultiCover CI 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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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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