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Apr
12

European Health Insurance Card sees Changes

Issuing of the European Health Insurance Card (EHIC) will no longer be the responsibility of the state of residence of a person linked to the Social Security System of an EU Member State. This change in the European Law becomes effective on 01 May 2010.

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Apr
09

Chartis Partners with MMR Inc

Chartis Inc, a globally leading general insurance company specializing in property-casualty products, has announced an innovative partnership with MMR Information Systems to provide electronic health records to health insurance policyholders around the world. MMR will provide Chartis with access to it's MyMedicalRecords Technology, enabling policyholders of Chartis' health insurance products to store,…

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Apr
08

Medical Tourism Set to Increase in the Next 5 Years

Medical tourism is set to increase by 2015 according to the opinion of nearly half of the global health leaders, with the current health systems competing for consumers lured by personalised care, access to the latest medical innovations and value for money.

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Apr
08

HSBC Sells Brokerage Unit to Marsh

Marsh & McLennan Co. Inc., one of the world's largest insurance brokerages and risk management companies, has announced the completion of a deal which sees the company acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of HSBC Bank PLC. Marsh, which announced its intentions in December 2009, is estimated to have paid somewhere in the region of US$ 205 million for HSBC's brokerage…

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Apr
07

Medical Tourism on the rise in Colombian City of Medellín

Having endured waves of violence for being the command centre of a well-known cocaine empire in Colombia, the city of Medellín is experiencing a surge in medical tourism.

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Apr
01

Lloyd's Insurance Broker Business to be Sold Almost Entirely to Gallagher

FirstCity Partnership Ltd., a Lloyd's registered broker for many years, is in the process of selling almost entirely its insurance brokerage business to Arthur J. Gallagher & Co. as per a recent announcement made by the latter.

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Mar
31

Hong Kong and Thai Firms jointly bid to build New Private Hospital

Hong Kong-based Asia Financial Holdings and Bangkok-based Bumrungrad International, a world-renowned Thai company, recently submitted to the Food and Health Bureau a bid to build a US$385 million (HK$3 billion) 350-bed private hospital at Wong Chuk Hang in Aberdeen, a district located in the southern part of Hong Kong Island.

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Mar
30

ASSOCHAM projects US$22.2 billion General Insurance Premiums in 5 Years

Citing the massive increase in awareness to insure themselves against possible causalities, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected that premium from General Insurance will rise to levels of close to US$22.2 billion (EUR 16.4 billion) in the next 5 years.

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Mar
29

Aetna Global Benefits enhances links to its International Members using Social Networking Tool

An additional online resource for the more than 400,000-member worldwide base of Aetna Global Benefits (AGB) has been made available for them to easily navigate their benefits and achieve optimal health. The international business segment of Aetna has launched its presence in Facebook with the aim of enhancing the level of service experienced through the Internet.

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Mar
26

MetLife planning to Cover the Middle East

Following its acquisition of American Life Company (ALICO), MetLife now aims to become a force in the Middle East, which had been missing from its portfolio of 18 countries.

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