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Feb
26

Max Bupa gets Certificate of Registration from IRDA

Max Bupa Health Insurance, the general insurance joint venture between Max India and Bupa has been given its Certificate of Registration or R3 form, by India's Insurance Regulatory and Development Authority (IRDA). This brings the total number of general insurers registered in India…

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Feb
23

BUPA Updates Online Intermediary System

In an effort to make things easier for intermediaries selling and Bupa's individual protection products, Bupa has updated their online trading system.The enhanced system allows intermediaries interact with Bupa's products within the Bupa Extranet system in more a more in-depth manner, streamlining online administration of policies. The increased functionality permits…

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Feb
23

U.S Insurers can exploit global opportunities

Conning Research and Consulting, a division of Conning & Company, has released a study which finds that insurers operating in the USA's domestic insurance market should focus their attention overseas if they are to see continuing high rates of growth and profitability. Conning, a leading provider of insurance industry and asset management research and consulting services, released the study "Global…

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Feb
23

British MP's report says Homeopathy should not be funded by NHS

British parliament's science and technology committee, headed up by chairman Phil Willis, has finished a new report on National Health Service funding for homeopathic treatments and come to the conclusion that the funding should stop. The committee of MPs said that since there is no evidence that homeopathic treatments work better than a placebo,…

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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
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
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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Jan
27

CIGNA Expanding Internationally

CIGNA International has announced that it will be expanding its core US business with an aim to offer comprehensive private medical coverage to clients around the world. CIGNA's spokesperson revealed that the company will launch their services for customers in Spain by the end of the first quarter 2010.

The company has said that it aims to target expatriates and high net-worth…

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