In what began as a careful partnership, Globalsurance is working even more closely with Now Health, as the young health insurance company has shown promise, especially in regard to its strong organization, service and claims capabilities. Now Health, which was only launched last year, is the creation of a management team comprised of former Good Health employees, including Martin Garcia, who served…

Globalsurance continues to witness the falling rates of global health insurance inflation in the high-end sector, typically referred to as International Private Medical Insurance (iPMI). Average rates of inflation per year have typically hovered at around 11% over the past 5 years, but this year, AXA PPP has published an annual increase of just 8%. As a key player in the health insurance sector,

Thanksgiving means a lot of different things to a lot of different people. For some, it's a hectic day of travel and family reunion; for others, it's all about the big game and the even bigger turkey; but nearly everyone can agree that Thanksgiving is an absolutely excellent excuse to eat good food with good people.

Unfortunately,…

President Obama meets today with both Myanmar's party leaders in Rangoon, the country's commercial centre. It will be the first official visit for a sitting US President to Myanmar (also known as Burma) in an effort to support recent reforms undertaken by its President Thein Sein. Obama has revealed a strategy that 're-focuses on engaging fast-growing Asian nations', choosing South East Asia as his…

From the 21st of December 2012 European insurers will no longer be able to use gender as criteria when assessing risk factors to price premium plans. The European Court of Justice ruled a decision in March 2011 determining that insurance policies reliant on gender factors were incompatible with the prohibition of discrimination under the European Union. The final Article prohibits: "...any results…

When Barack Obama was re-elected to the White House this November, America was reminded that not only is Obama the first African-American to preside in the Oval Office, he is the first president to make health care a primary component of his presidential legacy. Obama's re-election will certainly have important and lasting effects on the Patient Protection and Affordable Care Act, better known as…

Manulife Financial Corp plans to double insurance sales, quadruple wealth management sales and double wealth management funds under management in Asia in a move that exhibits their future confidence in the region. Despite initial promises to hit the $4 billion (US$ 3.99bn) mark by 2015, the corporation now pledges to move forwards from the unstable earnings seen in their recent records. A loss…

Last months' 2012 Health Insurance Awards held in Glasglow, England, saw many companies recognized for their efforts in the health insurance industry both in the United Kingdom and internationally. Many of the health insurance companies that received awards and honors at the event, which is widely considered as one of the leading industry events in the UK that showcases professionalism and excellence…

In order to help develop growth and regulation of professional insurance services in South East Asia, The World Bank is looking to appoint Thailand as the new ASEAN insurance hub. The Office of the Insurance Commission (OIC) made the decision in line with the formation of the Asean Economic Community (AEC) scheduled to be ready in 2015. With 'regional economic integration' as the ultimate goal for…

High increases are expected in 2013 across the Cigna Global Expat plus plan recently acquired from Van Breda. Currently undergoing a re-branding under the Cigna name, these latest increases will undoubtedly dissapoint policyholders and leave them questioning their faith in Cigna. Numerous providers (Bupa International, Aetna Global Benefits, AXA PPP) have released their annual increases and have been…