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Jan
23

Globalsurance Review Bupa's Newly Launched Corporate Health Insurance Solutions

RHI-Bupa have released new corporate Group Insurance plans for companies in Singapore. The new products, insured by Raffles Health Insurance Pte Ltd and administered by Bupa International, are the 'Company Health Select Asia Pacific' plan, and the 'Company Health Choice International' plan. With…

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Jan
07

Interglobal and Globalsurance Continue their Strong Relationship, Forecasting a Successful Year in the Health Insurance Market

InterGlobal has been a leader in the health insurance industry for over a decade now and despite experiencing some difficulties in recent years, the insurer has had a positive 2012 and is set for another strong financial year. Globalsurance has seen a number of improvements made to several areas by InterGlobal, allowing the insurer to gain an increased share of the market  in the increasingly…

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Jan
03

Reinsurance Renewals on Jan. 1st Remain Flat Despite Year of Catastrophes

Insurance giant Willis Re have released a report revealing that as of the Jan 1st 2013 (the renewal date for reinsurance rates), reinsurance rates have remained flat compared with 2012. This means that reinsurers have managed to avoid an increase to their rates despite the catastrophes suffered to property, amongst other things, in the wake of Superstorm Sandy that terrorised East coast of the United…

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Dec
18

Integra Global Continue to Make Positive Developments

In recent months, Integra Global has made some sweeping developments in their services and analysts at Globalsurance, a long-time intermediary for the company, believe that customers will be very pleased about what the international insurer has planned. Integra Global has typically been a niche player…

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Dec
12

Aviva Ceases Medical Insurance on IdealMedical and Global Health plans in Singapore

Globalsurance has learned that Aviva Ltd is set to stop providing medical insurance products in Singapore to some of its clients, potentially impacting 5,000 to 10,000 insured people on the IdealMedical and Global Health plans. It is understood that Bupa International and Raffles Health Insurance (RHI), who partner in Singapore,…

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Dec
11

IHI Bupa 2013 Premium Increase Below Forecast

Leading international health insurance provider, IHI Bupa recently announced their premium increases for 2013, which have come in at the lowest percentage increase recorded by the company in five years. This tapering off of increasing health insurance premiums is a trend that seems to be occurring across the health insurance…

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Dec
03

China's Emerging Wealthy not Buying Medical Insurance as Expected

Globalsurance continues to see differing indications of the state of the health insurance industry in China. Most analysts concur that the country’s high-income earning population are not likely to buy comprehensive health insurance in the short term. Many of the health insurance companies that have invested in developing on-shore solutions for health…

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Nov
27

South America International Medical Insurance market shuts down in 2012

The distribution of offshore International health plans to wealthy individuals in South America has been a successful and lucrative market for many decades. IHI Denmark in particular, had built a considerable amount of its success in this part of the world over the years. In 2012 however, a combination of location regulation and poor plan performance has resulted in most key offshore providers pulling…

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Nov
23

Globalsurance impressed by Now Health's latest developments across the Middle East and China

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…

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Nov
22

AXA PPP added to the list of providers with falling international private medical insurance inflation rates

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,

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