CIGNA Corp., the Philadelphia-based healthcare service provider, has announced at the Morgan Stanley Global Healthcare Conference in New York that it expects to meet its forecast consolidated adjusted income from operations as per estimates for the whole of 2010, currently set at between US$1.13 billion (EUR 869.2 million) to US$1.21 billion (EUR 931 million).

An unintended side effect of some provisions in the Obama administration's new healthcare plan has the potential to prevent public and private universities in the US from offering certain types of health insurance to their students, including international students.

After having received approval from Britain's Financial Services Authority and the South African Reserve Bank, the acquisition of Standard Life's health insurance division, Standard Life Healthcare, by Discovery Holdings has been completed, putting PruHealth in a strong position for growth. The finalized acquisition and integration of the companies over the next few months will make PruHealth…

Stuart Leatherby has been appointed as the Managing Director to head up Aetna's expatriate health insurance business, Aetna Global Benefits, in the Middle East and Africa. Leatherby has been working with Aetna Global Benefits since 2000, and prior to his promotion he has been working as the head of Aetna Global Benefits' International Markets Development team where he was responsible for expanding…

South Africa-based health insurance company, Discovery Holdings, has signed an agreement with Ping An Insurance Company to take a substantial stake in Ping An's health insurance subsidiary, Ping An Health Insurance Company, in order to develop the Chinese health insurance market. The agreement was signed during a trip to Beijing and Shanghai by South African government officials, including the…

With the ability to travel across the world getting easier every year, one thing many people do not take into account is the price of getting home should an accident occur. Cases like Carrie-Anne Dudbridge and Ryan Elley are sad illustrations of the necessities of travel insurance in the modern age. There have been a number of incidents this year involving…

CaliforniaChoice, a health insurance exchange that is a product of CHOICE Administrators, announced that it has become the first health insurance exchange in the United States to reach 20 million member-months. Health insurance exchanges offer consumers an easy way to compare costs and benefit options across a variety of health insurance products from insurers participating…

India-based joint-venture Bajaj Allianz General Insurance Company has launched a new policy dubbed the Star Package Policy, which provides modular coverage of up to eight separate risks, ranging from health insurance coverage to home contents insurance. Star Package provides eight coverage options which are a mix of health insurance, life insurance and general insurance risks. The policy options…

The life insurance industry in Singapore is riding high, after growth in new sales of life insurance and health insurance policies continued into the second quarter of the financial year. The new business premiums in the Singaporean life insurance market were up 16% year-on-year for the second quarter, with figures for the first half of 2010 showing total weighted new business premiums growing…

The Federation of Indian Chambers of Commerce and Industry (FICCI) has released the results of the developmental framework to provide high quality healthcare through insurance in a document titled "Health Insurance Report, 2010". Among the recommendations to give a boost to the health insurance sector, the report highlights the need for creating consumer awareness and satisfaction, quality healthcare delivery, improved insurance services, and an increased level of trust between insurers and healthcare providers.