Medical Insurance
Singlife launches critical illness plan with high recurrent payouts
Singlife launches critical illness plan with high recurrent payouts
It covers 135 critical illness conditions at early, intermediate, and severe stages.
Allianz Malaysia offers cashless hospital cover in travel plan
Coverage extends to senior citizens up to age 85.
AIA Singapore, Mount Alevernia collaborate for cost-efficient healthcare
The MoU builds on AIA Singapore’s healthcare initiatives rollout in 2024.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
Dental insurance market forecasted 9.3% annual growth through 2034
Employers are also expanding coverage to reduce out-of-pocket costs.
AXA China Region partners with Hainan zone on medical insurance
The insurer also partnered with China Biotech Services Holdings.
Swiss Re updates Life Guide to assess longevity drug use in applicants
The Life Guide is used by more than 800 insurers in over 100 countries.
China boosts medical insurance spending on innovative drugs in plan
Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.
China maintains 95% medical insurance coverage from 2021-2025
In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
Hong Kong Federation of Insurers signs research pact with PolyU on claims data trends
This is because of medical inflation rising to 10.3% in 2024.
Foreigners drive 150% surge in health insurance uptake in India
The growth is strongest amongst women and non-residents.
Australians waste dental benefits by skipping no-gap cover
Using a no-gap provider twice a year could save individuals $124.78 annually.
APAC to lead medical liability insurance market with 14.1% CAGR
Globally, the market was valued at $12.5b in 2021.
AXA partners with China Biotech on targeted cancer therapy
The technology is a form of targeted radiotherapy that uses a boron-containing drug.
Commentary
AI isn’t replacing insurance, it’s finally making it work