The Smart Card Insurance Revolution in India
As the benefits of India’s low-income public insurance scheme grow, critics say that more can be done to keep the nation’s poorest citizens healthy.
As the benefits of India’s low-income public insurance scheme grow, critics say that more can be done to keep the nation’s poorest citizens healthy.
A recent report shows that in Southeast Asia, and India in particular, children and adults are still at risk of brain damage and disease from lead paint inside the home.
A recently published report about the health insurance market in South East Asia predicts that the industry will grow by 15 per cent year on year until 2020
Mosquitoes. Barely larger than a kidney bean and yet responsible for more than half a million deaths every year. Why? Because mosquitoes carry malaria.
There is no malaria vaccine, and it is not possible to eradicate every insect carrier from the face of the earth. These facts alone make malaria an important issue in the world of science and health care, but recently,…
There are more reasons to keep an eye on Asia other than its emerging economies. Research from UBS CIO, a global firm providing financial services to private, corporate and institutional clients, indicates that the consumer spending will continue to increase at an annual growth rate of about 13 percent and reach US$1 trillion by 2016. In an
Insurer Aetna International is changing its strategic insurance partner in Hong Kong. As of the 24th January 2013, all underwriting will be provided by Starr International Insurance (Asia) Ltd as opposed to their prior partner GAN Assurances IARD. Changing underwriting providers is rarely seen as a positive thing, as it hints at disputes amongst…
As Europe remains to be a place of economic uncertainty, Asia continues to provide Health insurers opportunities for investment and expansion. Asia is home to the largest number of high net worth individuals and with 3.3 million people now owning liquid assets worth at least USD $1 million, the continent has overtaken Europe and is second only to North America in terms of wealth. Several of the less…
ING Groep may see a flurry of activity in the near future as it has received multiple bids for their asset management operations in Asia, as well as seeing multiple parties squaring up to bid on their Asian life insurance assets. ING must sell off their global insurance business in order to fulfill their agreement with the European Commission and repay the US$7 billion bailout it received in 2008.…
The Allianz Group has a rich history dating back to 1890 and prides itself on being able to offer solutions in insurance, banking and asset management areas. Insurance wise, Allianz thrives in Europe and has especially excelled itself in the German market. 2012 has started off in a positive direction for the company and CEO Michael Diekmann sees this trend continuing for the rest of the year. On May…
With the flooding in Thailand beginning to abate after it first started in July, the cost of covering all the P&C (property & casualty) insurance claims and other flood-related claims may come to upwards of US$10 billion for the insurance industry. With the rains during Thailand's monsoon season causing flooding across many parts of the country over the last few months, the loss of life and property…