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Feb
12

CIGNA acquires Kronos Optimal Health Company

Cigna International Insurance has acquired Kronos Optimal Health Company of Phoenix, Arizona USA as part of an effort to expand their on-site health-management programmes for companies and their employees.

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Feb
11

International Investment Magazine Names BUPA Best Insurer 2009

International Investment Magazine recently conducted a poll of its readers to determine which International Insurance Company is able to provide the highest levels of service and comprehensive coverage to expatriates living around the globe. The results are in, and BUPA has been named as the magazine's "Best International Healthcare Provider" for 2009. Responding…

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Feb
10

CIGNA International to offer individual Private Medical Insurance worldwide.

CIGNA International has announced an initiative to develop and distribute individual private medical insurance on the international stage. Currently, CIGNA only offers international private medical insurance to corporations and group customers. The new business plan will open up new markets of potential clients as they aim to sell private medical insurance to…

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Feb
10

Hong Kong Healthcare Reform Stuck in Debate

Amidst the global debate on healthcare reform, Hong Kong has waded into the fray with a proposed "voluntary medical insurance" scheme aimed at alleviating the massive financial burdens faced by the city's public healthcare network. The issue was first raised in late 2008, following in the wake of the Global Financial Crisis, and has now reached the penultimate stage of industry level discussion before…

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Feb
09

Allianz Buys Up Remaining Stake in Allianz Seguros from Itaú Unibanco

This January, Allianz cemented its control of Brazilian subsidiary Allianz Seguros after it purchased the remaining 14% of the subsidiary's shares from Itaú Unibanco. Allianz Seguros is one of the top 7 insurers participating in Brazil's property and casualty insurance markets…

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Feb
09

Spanish Doctors Call for Reevaluation of EHIC Scheme

Politicians and Doctors in Spain have recently joined forces to speak out against certain British 'health tourists' who are receiving free-of-charge medical treatment which is ultimately being paid for by taxpayers.

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Feb
08

Insurance Startups in China and India

Two new insurance companies are working their way through regulatory boards in developing economies as of today, February 8, 2010. The India-based Max Bupa Joint venture is part way through the Indian regulatory framework, while further east, the China Insurance Regulatory Commission gave the go-ahead for the establishment of Anbang Life Insurance Co. Ltd. The independent joint venture between

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Feb
08

Aetna Global Benefits Targets Middle East and Africa Wellness

In an effort to provide more comprehensive levels of coverage and support to policyholders located in Africa and the Middle East, Aetna, a leading international health insurance company, today announced that it would be launching its Online Wellness Center to support plan members in the region. Aetna Global Benefits, the international arm of the Aetna insurance company, created its Online Wellness…

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Feb
05

SWICA and DKV Globality in new partnership

A cooperation agreement has been signed between SWICA and DKV Globality. As one of the biggest health and accident insurance companies in Switzerland, SWICA aims to jointly market with DKV Globality the international health insurance cover Globality CoGenio in the Swiss market, as well as providing a local continuation of insurance option in Switzerland. DKV Globality is a leading international health insurer with a special focus on expatriates. This joint approach closes a gap in corporate health and accident plans for global companies.

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Feb
04

International Health Insurers Expanding Overseas Operations

Both Bupa and Allianz are making moves to expand their international operations this year. Bupa has added a sales and support center in Fuengirola, Spain to provide administrative support for Bupa International and IHI Bupa customers. The 12 person service center will also aid distributors in Europe, Africa and the Middle East.…

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