Health insurance
Bima Trinity initiative to boost insurance industry: CareEdge
Bima Trinity initiative to boost insurance industry: CareEdge
The industry’s growth can be attributed to retail health and motor.
1 day ago
China's long-term care insurance covers 180m in 2024
The programme, which started in 2016, now operates in 49 cities.
30% of Hongkongers want new medical insurance in 2025
Four in five of Hong Kong residents already have medical insurance.
36% of Singaporeans opt for extra coverage beyond work insurance
However, 90% of Singaporeans already own medical insurance.
Allianz reveals India’s first multiple-coverage health plan for women
It covers critical illnesses, maternal and reproductive health, and wellness.
Health insurers struggle with fraud, waste and abuse detection methods
More than 80% of insurers reported provider-induced FWA.
AXA Philippines launches new health plan for critical illnesses
The plan offers coverage for over 150 medical conditions.
Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
India's non-life insurers premiums surges 13% in FY 23-24
Health insurance remained the largest segment with a 40.29% share.
Aon launches life and health reinsurance practice in India
Renuka Nar has been appointed head of broking for the new practice.
GAIP and Convergence to boost capacity in climate health strategies
Both parties aim to promote blended finance.
Rate increases under review for Australia’s private health insurers
The minister did not specify the rate of increases yet.
AXA partners with Prosper Health for cross-border cancer care
Benefits include second opinions, insurance pre-approval assistance, and P-to-P transfers.
Vietnam’s Health Insurance Fund spent $6b on patient care in 2024
Over 186.2 million received medical examination and treatment.
MSIG taps Inova Care for health portfolio management
The partnership aims to address the country’s double-digit medical inflation.
Singapore’s personal accident, health insurance market to exceed $8b by 2029
PA&H insurance is forecast to rise 8.9% in 2024.
Taiwan adds 30 services to National Health Insurance benefits
These updates will benefit about 66,000 people annually.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers