As of August 1st 2013, international private medical insurance provider Nordic Health Care will discontinue issuing new plans, marking the insurers exit from the market. Nordic, a health insurer under Europæiske Rejseforsikring's travel insurance, will also no longer be accepting plan renewals that are not contractually obligated.

Plans which are contractually obligated…

As an expatriate, making sure your health and wellness needs are adequately met is one of the most important things to consider when planning your move abroad. Depending on the country, often times medical facilities and their practices can be very different than what many people are used to in their home country.

One of the best ways to make sure that you are not put in the overwhelming…

In many ways, the Middle East has become, and is becoming, one of the most exciting regions for economic and financial development.

Dubai is in position to not…

As the United Kingdom copes with an aging workforce, employers are becoming more aware of the needs of older workers - especially in terms of health and insurance. According to a 2012 Health of the Workplace report by insurance provider Aviva, 29 percent of UK employers have seen…

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,…

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,

High increases are expected in 2013 across the Cigna Global Expat plus plan recently acquired from Van Breda. Currently undergoing a re-branding under the Cigna name, these latest increases will undoubtedly dissapoint policyholders and leave them questioning their faith in Cigna. Numerous providers (Bupa International, Aetna Global Benefits, AXA PPP) have released their annual increases and have been…

Globalsurance has learnt that Bupa is launching a new product for the Chinese market. Bupa has teamed up with China based Alltrust Insurance Company to provide Bupa Premier Worldwide Health Options (PHWO), which becomes available from the 1st of October. PWHO is unique in that it will consider covering pre-existing medical conditions, a first for international private medical insurance plans…

During his inaugural speech of the 6th FICCI HEAL (Federation of Indian Chambers of Commerce and Industry - Health Enterprise and Learning) 2012 annual international conference in Delhi this week, Indian President Pranab Mukherjee noted that there is a "high variance" in the quality of service available in public and private sector hospitals, and that the country's healthcare system should be…

The rise of the middle class in East Asia is proving to be a boon for private healthcare providers. Kuala Lumpur based IHH illustrates this nicely. In their recent IPO, which was 132 times oversubscribed, IHH raised more than USD 2 billion and the shares climbed by more than 10% in the first few days of trading. The value of the company stands at around USD 8 billion. IHH is now the second largest…