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UOI targets growth as capital stays strongest: AM Best
NewsAugust 3, 20262 min read

UOI targets growth as capital stays strongest: AM Best

Consistent internal generation and low underwriting leverage support its financial position. United Overseas Insurance Limited’s (UOI) could expand its regional business in line with opportunities arising from the wider strategy…

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Only 19% of Singaporeans plan for long-term care
NewsAugust 3, 20262 min read

Only 19% of Singaporeans plan for long-term care

More than half expect government schemes to fund future care needs. Planning for long-term care remains low amongst Singaporeans, as only 19% of respondents understand and have planned for their…

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Munich Re withstands large-loss and payout pressures
NewsAugust 3, 20262 min read

Munich Re withstands large-loss and payout pressures

Diversified earnings and stronger investment returns supported group profitability in 2025. Munich Reinsurance Company’s (Munich Re) risk-adjusted capitalisation remains at the strongest level under Best’s Capital Adequacy Ratio (BCAR) and…

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Can Japan’s life insurers keep growing at home?
NewsAugust 3, 20263 min read

Can Japan’s life insurers keep growing at home?

Revised solvency rules are prompting insurers to rethink capital management. Japanese life insurers are increasingly looking overseas and relying more on reinsurance as they confront slowing growth at home, raising…

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Hong Kong insurance premiums jump 32.3% to $38b in Q1 2026
NewsAugust 3, 20263 min read

Hong Kong insurance premiums jump 32.3% to $38b in Q1 2026

Long-term new office business reached $18.3b after a 51.1% annual increase. Hong Kong’s insurance market recorded strong growth in the first quarter of 2026 (Q1 2026), with total gross premiums…

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AI automation could replace 25% of insurance jobs
NewsAugust 3, 20262 min read

AI automation could replace 25% of insurance jobs

The research also pointed to stronger pricing governance and cybersecurity as priorities for insurers. Nearly half of institutions expect that automation will replace more than 25% of their company’s workforce,…

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Hanwha General shields profits from indemnity claim pressure
NewsAugust 3, 20261 min read

Hanwha General shields profits from indemnity claim pressure

The insurer remained South Korea’s sixth-largest non-life carrier with an estimated 7% share. Double-digit growth in long-term insurance revenue helped South Korea’s Hanwha General Insurance Company Limited (HGI) maintain steady…

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Vietnam shifts 94% of pension payments to bank accounts
NewsAugust 3, 20262 min read

Vietnam shifts 94% of pension payments to bank accounts

It processed more than 2.35 million sickness, maternity and recuperation benefit claims online. Vietnam Social Security (VSS) has expanded its digital services and administrative reforms, processing millions of online insurance…

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Japan’s major insurers see net income rise despite $13b capital losses
NewsAugust 3, 20262 min read

Japan’s major insurers see net income rise despite $13b capital losses

Interest and dividend returns helped core business profit reach $29b. Japan’s major life and non-life insurers reported higher income for the financial year ended 31 March 2026. Major life insurers…

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Sun Life launches private wealth platform
NewsAugust 3, 20261 min read

Sun Life launches private wealth platform

It will offer advisory and support services for HNW and UHNW clients. Sun Life Financial Inc. has launched Sun Life Private Wealth, a platform for high net worth (HNW) and…

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