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May
12

IMG Europe revamps GlobalSelect product with enhanced benefits

International Medical Group (IMG) Europe Ltd has announced improvements to the list of benefits of its central health insurance product, GlobalSelect International Healthcare Cover which initially launched in 2005. The GlobalSelect product is available for both expatriates and local citizens worldwide and is designed with individuals and families who…

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May
11

Companies get Gold Superior Plan Offer from Bupa International

Making a significant enhancement to the line of international health insurance cover offered to companies with globally-mobile employees, Bupa International has now made available their Gold Superior plan, plus a new range of dental benefit options.

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May
10

Global Insurance Plans on Offer by BWS

Brokerage World Solutions (BWS) is ready to globally offer optimal-value insurance and risk management solutions to businesses in various industries around the globe. BWS is the group holding company resulting from the merger of Insure Direct, a Dubai-based insurance broker, and Independent Risk Solutions BV, a marine insurance specialist based in Rotterdam.

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May
10

InterGlobal partners with Alfalah Insurance to bring UltraCare products to Pakistan

InterGlobal Ltd. has entered into a partnership arrangement with Pakistani insurer Alfalah Insurance Company, to offer InterGlobal's UltraCare product line of international private medical insurance (PMI) throughout Pakistan.

The new partnership agreement sees Alfalah taking charge of underwriting…

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May
07

A New SwissLife Product for Expats with High Global Mobility

Aimed at a segment of the world population termed as "global nomads" SwissLife has launched a new product that matches the health and protection needs of highly mobile expatriates worldwide. SwissLife designed the ExpatSelect product based on the notion that the needs for local employees differ from the ones of expatriates.

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May
06

PICC of China seeks to achieve underwriting profit in 2010

PICC Property & Casualty Co., the largest non-life insurer in China, is targeting to make a profit from their underwriting operations this year, after premium rates rebounded and improvements to the claims management of the company have been completed.

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May
05

Ping An gets Approvals to Acquire Shenzhen Development Bank Stake

Ping An Insurance Group Company (PAIGC) has recently announced that the China Securities Regulatory Commission (CSRC) has approved their proposed plan to issue H-shares in exchange for shares in Shenzhen Development Bank.

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May
04

Prudential Investors Add Pressure for Sale of UK Businesses to Fund AIA deal

Anticipating the details of how Prudential plans to finance the deal to acquire American International Assurance (AIA) in a couple more days, several high-profile investors expect the announcement of the sale of UK and US businesses in favour of Asia to fund the said purchase. The alternative these investors are not very keen on calls for a US$21 billion (EUR 15.91 billion) rights issue to fund the deal.

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May
03

Max Bupa opens doors for business in India

Max Bupa Health Insurance, the India-based joint venture between Max India Ltd. and Bupa, has launched its business and revealed its first product on April 29th, 2010. The Max Bupa Health…

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Apr
30

Canadian Insurer IAG acquires Texas-based American-Amicable Insurance

Industrial Alliance Insurance and Financial Services (IAG), a Quebec-based insurance and financial services company has reached an agreement on purchasing all outstanding shares in American-Amicable Holding Inc., owner of U.S. life insurer American-Amicable Life Insurance Company of Texas for C$ 145 million (US$ 144 million). Industrial Alliance is carrying out the acquisition through their…

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