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Aug
27

Insurers Reveal Policies on Genetic Testing for Breast Cancer

This year, award-winning starlet Angelina Jolie underwent a double mastectomy, after genetic testing showed an 87 percent chance that the actress would develop breast cancer. In light of Jolie's very public medical announcement, many women with a family history of cancer considered taking a similar genetic test.

Available…

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Jul
10

Increased Chance of Pre-existing Conditions Cover as IMG Offer Moratorium Underwriting

IMG's GlobalFusion plan will now allow clients to choose moratorium underwriting instead of only full medical underwriting with exclusions. Globalsurance experts view this as a good move for IMG, as one of the plan's main target markets is aimed at retirees, who have higher likelihood of pre-existing conditions. Retirees are…

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May
09

Q1 Reports Indicate Resurgence of Health Insurance Profits

The year 2012 may not have been the most flourishing of years for some health insurance companies around the globe, but data for the first quarter of 2013 looks promising for many of the world's largest, most well-established medical insurance providers. Among those releasing encouraging figures, Cigna, AXA, Munich Health…

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Jan
24

Aetna International Partner with Starr International Insurance (Asia) Ltd in Hong Kong

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…

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Sep
23

AXA partners with Wasilah in Saudi Arabia

This week, Europe's second largest insurer AXA selected Wasilah Insurance Agency to be its new business partner in the Kingdom of Saudi Arabia. The deal comes as part of the French insurance company's plans to further develop and promote its products in the Gulf region. On September 20th 2011, AXA Cooperative Insurance Company, the French insurance company's Saudi Arabia-based shareholding company,…

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Jan
09

The Recession and Insurance

With news outlets broadcasting dire predictions about the financial downturn like a frothy-mouthed preacher on the apocalypse, we feel it's time to take a look at how people think the recession will affect insurance. With this in mind, we'll take a look at projections about how insurers may fare, how your premium could shape up, and other worries and notable points to keep in your head moving forward.

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