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Jan
03

Reinsurance Renewals on Jan. 1st Remain Flat Despite Year of Catastrophes

Insurance giant Willis Re have released a report revealing that as of the Jan 1st 2013 (the renewal date for reinsurance rates), reinsurance rates have remained flat compared with 2012. This means that reinsurers have managed to avoid an increase to their rates despite the catastrophes suffered to property, amongst other things, in the wake of Superstorm Sandy that terrorised East coast of the United…

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Dec
27

Nordic Health Care Release Above Average Premium Rate Increases for 2013

Globalsurance has worked closely with Nordic Health Care since 2009 and has previously considered the insurer to offer some of the best health insurance plans in the market. However, premium increase rates for 2013 have now been announced and have come in at 15 percent, a figure above Nordics previous average for both new plan and plan renewal premiums. Over recent years, Nordic's premium rate increases…

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Dec
24

Digital Health

If you visit your doctor today and tell her about your symptoms, chances are she will take notes. On a notepad. Using paper and pencil. Seem a little old fashioned? That's what lawmakers are thinking, too, and that's why one act in particular passed along with Obamacare focuses solely on promoting electronic medical technology - it's called the Health Information Technology…

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Dec
21

New EU Gender Directive Impacts International Insurers

In December 2012, the new European Union Gender Directive, which will no longer allow European-based health insurers to base premium rates on gender, will officially be put into action. One of the areas where this directive will have the greatest impact is in regards to maternity benefits. Despite maternity benefits only being applicable to females or couples, the new directive will result…

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Dec
18

Integra Global Continue to Make Positive Developments

In recent months, Integra Global has made some sweeping developments in their services and analysts at Globalsurance, a long-time intermediary for the company, believe that customers will be very pleased about what the international insurer has planned. Integra Global has typically been a niche player…

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Dec
12

Aviva Ceases Medical Insurance on IdealMedical and Global Health plans in Singapore

Globalsurance has learned that Aviva Ltd is set to stop providing medical insurance products in Singapore to some of its clients, potentially impacting 5,000 to 10,000 insured people on the IdealMedical and Global Health plans. It is understood that Bupa International and Raffles Health Insurance (RHI), who partner in Singapore,…

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Dec
12

Leading International Insurance Providers Expand Coverage for Asthma in Dubai

For those living in the Middle East, asthma and other respiratory problems continue to be a constant issue and topic of discussion. Statistics indicate that about 13% of adults and 25% of children in the United Arab Emirates suffer from a form of asthma. The World Asthma Foundation has released data suggesting that the…

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Dec
11

IHI Bupa 2013 Premium Increase Below Forecast

Leading international health insurance provider, IHI Bupa recently announced their premium increases for 2013, which have come in at the lowest percentage increase recorded by the company in five years. This tapering off of increasing health insurance premiums is a trend that seems to be occurring across the health insurance…

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Dec
06

Health Insurance Opportunities Continue to Improve in Dubai

One of the signs that Dubai is continuing to show recovery after the 2008 Financial Crisis is through the growing health insurance industry. Many of the leading health insurance providers in the region  are all reporting increasing numbers of insurance quotes and information requests from people interested in obtaining medical insurance. Globalsurance continues to expand its services and operations…

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Dec
03

China's Emerging Wealthy not Buying Medical Insurance as Expected

Globalsurance continues to see differing indications of the state of the health insurance industry in China. Most analysts concur that the country’s high-income earning population are not likely to buy comprehensive health insurance in the short term. Many of the health insurance companies that have invested in developing on-shore solutions for health…

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