Health insurance
20 private Indian insurers struggle with claim payouts
20 private Indian insurers struggle with claim payouts
Only four insurers achieved a claim-paid ratio exceeding 90% in terms of the number of claims processed.
ASEAN insurers struggle with quality, and accessibility in healthcare
Private health insurance was valued at approximately $7.5b in 2023.
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
7 in 10 Gen Zs doubt health in old age
Prudential emphasised the role of financial planning to manage future healthcare costs.
Individual health claims rise 29.3% as overall payouts dip in Indonesia
Surrender claims and death claims fell by 13.5% YoY.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
3 in 10 diabetics struggle to afford appropriate care, coverage
Mental health is also affected, as 65% of diabetics report negative impacts.
Philippines urges HMOs to adopt PFRS 17 by 2027
HMOs shall not be precluded from early implementation.
SG expands MediShield Life healthcare coverage, raises premium subsidies
The government will expand coverage for mental health and outpatient services and provide premium top-ups.
Over 38% of Indians remain uninsured despite sector growth
An estimated 14% of the population opts for private voluntary health insurance.
Everest launches AI-powered health insurance in Singapore
The AI streamlines the matching of patients with physicians.
Niva Bupa Health’s IPO opens today, closes 11 Nov
The healthcare insurer has set a price range of ₹70 to ₹74 per share.
Six in 10 in HK without critical illness insurance
Yet, only 67% would take concrete actions.
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
Why ageing Asians prefer critical illness coverage
Japan and India have the largest share of life insurance ownership.
Allianz Life launches multi-claim critical illness coverage
It offers up to 320% of the insured amount.
Sumitomo Life new plan covers despicable contact lenses
The policy provides a one-time payout of $33.40.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
