Aviva Indonesia is introducing an International Health Insurance product offering to the Indonesian market in response to a growing number of expats and well heeled local Indonesians. The portfolio offers international health insurance coverage with limits between US$1-2 million, depending on the product, and will allow holders of a policy to travel internationally in order to receive qualifying…

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…

On October 15^th 2011, China's Ministry of Human Resources and Social Security put in place new regulations which required foreign employees working in China to contribute to the country's Social Insurance System. The regulations stated that foreign employees would have to register after employment and start paying towards five types of insurance policies, including basic pension insurance,…

Two international health insurers have made minor adjustments to their health plans. Both AXA PPP International and Now Health international have made changes, mostly to their international group health insurance plans, in order to increase their appeal to corporate customers. Now Health International has moved to modify their mid-range group insurance plan, WorldCare Advance, to offer routine dental…

Swiss global insurance giant, Zurich, is on a profitable track this year, with positive results coming in from the First Quarter reports.
The group reported a total business operating profit of US$ 1.4 billion for the First Quarter of 2012 with an operating profit increase in the General Insurance sector of US$ 567 million to US$ 856 million.
It appears that Zurich may be overcoming difficulties…

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…

In Saudi Arabia authorities are warning hosptials in Jeddah of a dengue fever outbreak, following floods which have provided a perfect breeding ground for mosquitoes. According to the Ministry of Health Saudia Arabia, since the January 26th floods in Jeddah, six cases of dengue fever and 4 cases of malaria…

In December, Bupa International joined the ranks of international private medical insurers that offer insurance policies with full medical underwriting (FMU) options that cover individuals for pre-existing conditions. Until recently, it has been very difficult for expatriates to obtain coverage of pre-existing conditions on individual insurance policies, as few insurers would cover them. Many…

Aviva has instituted a handful of changes to their international private medical insurance products, ranging from adjustments in applications and claims handling processes to minor changes to group policies. Aviva said it has introduced the adjustments, which are part of a larger package of improvements, to their offerings in order to make it easier for intermediaries to do business with them. One…

Allied World Assurance Company Holdings, Ltd. has established a healthcare division through its European operation, Allied World Europe, to sell health insurance solutions in European Markets. Allied World Assurance, which offers property, casualty and specialty insurance and reinsurance solutions as well as a growing international health insurance unit, intends to use the new European health…