Globality Health Latest News

Globality Health Strengthens Network Management With Appointment Of Ronald Pritchard

Globality Health is proud to welcome the appointment of experienced senior operations manager, Ronald Pritchard, as Head of Network Management. His mission is to optimize working relationships with partners and the medical provider network, with special emphasis on operational and financial efficiency. He joined Globality...

18-05-2016 iPMI Magazine Executive Appointments Movements News

Globality Health Names Michael Kløcker As New Chief Commercial Officer

As of 1 May, Michael Kløcker is the Chief Commercial Officer of the international health insurer with a special focus on expatriates, Globality Health. His appointment completes Globality’s Board of Management, allowing interim CCO Gregor Schulte to focus on his core role as Chief Financial Officer. "I...

05-05-2016 iPMI Magazine Executive Appointments Movements News

Globality Health Continues UK Market Expansion With Appointment Of New UK Regional Sales Director

Globality Health, the international medical insurer with a special focus on expatriates is excited to announce the appointment of Mr. Gavin Royston, as UK regional sales director. With a wealth of iPMI industry experience spanning over 13 years, including 8 years at Bupa and 4 years posted...

22-06-2015 iPMI Magazine Executive Appointments Movements News

Globality Health Introduces New CEO

Munich Health, the health segment of Munich Re, has appointed Roman Beilhack as new CEO for Globality Health. The appointment is the next step in a comprehensive development program for Globality Health, the international health insurer with a special focus on expatriates within Munich Re. Beilhack...

07-11-2014 iPMI Magazine Executive Appointments Movements News

Globality Health Partners With UAE’s Leading Health Insurer Daman

By partnering with the National Health Insurance Company - Daman, Globality Health is extending its full international health insurance offering, including 24/7 emergency medical assistance and medical evacuation and repatriation services, to the United Arab Emirates (UAE). The partnership with Daman allows Globality Health`s clients...

04-11-2014 iPMI Product News

Globality Health Take Lead Sponsorship Position On Maritime Labour Convention 2006 Round Table Business Forum

iPMI Magazine is proud to announce Globality Health has taken the lead sponsorship position on the upcoming Maritime Labour Convention 2006 Round Table Business Forum. Mr. Philip Wright, Chief Commercial Officer at Globality Health will take the head of the round table. The Maritime Labour Convention...

13-03-2014 RT Delegate Sponsor News

EuroAlarm Joins The Globality Health Global Network

Globality Health is strengthening its global network by partnering with leading international assistance provider, EuroAlarm, to provide full international care, including 24/7 emergency medical assistance, medical evacuation and repatriation services, to all group and individual clients. A full support service that clients can depend upon...

03-12-2013 iPMI Magazine Breaking News

iPMI Conferences 2014

Team iPMIM are currently very busy researching a health and medical insurance conference for 2014. We are now at a stage where we need your input. iPMI Conferences ( facilitate dialog and debate between the various sectors of the international healthcare business. Insurance companies, assistance networks...

08-11-2013 iPMI Magazine Breaking News

New Cover For The Untapped Seafarers Market From Globality Health

Globality Health responded to the need for appropriate insurance for seafarers by partnering with Crewsure ( to offer clients innovative insurance products. From August 20th 2013 all vessels over a certain size have to comply with a new labour convention known as the Maritime Labour...

19-08-2013 iPMI Product News

Globality Health Introduces A New International Health Insurance Plan For Individuals - Yougenio® World

Globality Health has launched its new international health insurance plan for individuals, YouGenio® World. It is replacing YouGenio® with a large number of improvements to the current plan levels Classic, Plus and Top, such as full cancer care. In twelve-months the product development team has...

16-04-2013 iPMI Product News

iPMI Magazine

iPMI Magazine

International Private Medical Insurance Magazine (iPMIM) is the ultimate Health and Medical Insurance Digital Media serving expatriate, corporate, health and travel insurance markets. Due to the nomadic nature of the international healthcare industry iPMI Magazine is an internet based news service, for worldwide healthcare professionals, who need to understand the impacts of healthcare and insurance policy, regulatory, and legislative developments. Combined with in depth health insurance industry analysis, best-in-class health insurance industry data, and exclusive, C-Suite Executive health insurance interviews and round tables, iPMI Magazine bridges an information gap between healthcare payor, provider and patient. Written by the health and medical insurance industry, for the health and medical insurance industry, iPMIM is supported and designed by leading international medical insurance companies and service providers.

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AMII Chair Responds To April UK PMI Withdrawal

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In response to the announcement that April UK PMI is withdrawing from the UK health insurance market, Stuart Scullion, Chairman of the Association of Medical Insurers and Intermediaries (AMII) said:

“The message is: ‘Stay calm and seek independent and impartial advice’.

“We are both surprised and disappointed to hear of the withdrawal of April UK from the private medical insurance market. April’s announcement they are to close to new business, but more importantly not invite renewal to existing customers, has the potential to create consumer detriment.

“Those who are claiming or about to claim face uncertainty regarding their future cover beyond the period of their current contract.

“We would encourage consumers to stay calm and seek independent and impartial advice at the earliest opportunity.

“They can get advice or find an expert on the AMII website at by clicking on the Ask an Expert or Find an Expert buttons from one of more than 125 healthcare intermediaries located throughout the UK. Our members are here to help.”

A Third Travelling Without Insurance, And 10% Leaving Cover Until The Last Minute

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As the school bell rings for the last time this week, many of us will be looking forward to a summer holiday – but in the excitement of heading for new shores, is reminding travellers not to leave their travel insurance until the last minute. Research* conducted by the travel insurance comparison service revealed that:

  • 37% confess to only sometimes purchasing cover or not at all, while 14% admit they never buy it
  • 10% of us admit to buying it just a few days before travelling, or on the day of travel
  • The Welsh are the most likely to leave it until the last minute with 18% only buying it a few days before travelling
  • Those in the South East are most organised with 45% buying cover at least a few months before travelling

Compare Cover’s Travel Insurance product manager, Simon Williams, said: “In an ideal world, you should take out insurance as soon as you book your trip to ensure you have cancellation cover. If you leave the insurance until just before you travel, you may not have this cover should anything happen and you can't go on your holiday.”

Simon added, “We can’t stress enough how accessible travel insurance is these days and with services like bringing you some of the best deals around at the click of a button, it’s never been easier to purchase the insurance cover you need. To think that over a third of people could be travelling without insurance is staggering.

“For many of us, a summer holiday will be our only break away this year and if you have saved hard to pay for it, protecting the holiday, yourself and your possessions for a relatively small cost* could well be worth it to make sure you and your loved ones are covered.”

Established in its own right by Investment Discounts Online Ltd. in 2016, Compare Cover’s mission has always been to help consumers protect their world for less by making it as easy as possible to compare policies from a wide range of leading insurance providers and set up the cover required online. Its service could save you time and money and provides information and tools to help make a more informed decision.


It’s In The Genes For International Medical Insurance Providers

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Marco Giacomelli, CEO of Generali Global Health (GGH), believes the IPMI market should be embracing genetic tests to better manage the health of members. With genome testing for cancer patients included as an optional service within GGH’s range of Global Choice products, he explains how this procedure will transform the way members can be treated in the future.

We introduced genome testing to our flagship product platform Global Choice early in 2017. This service helps doctors to make more informed choices about treatment pathways for our members diagnosed with cancer. It’s an efficient and straightforward swab test that provides recommendations based on personal genetic profiles. Treatment can be more personalised to a member’s specific cancer type, thus increasing the likelihood of a successful outcome.

RELATED READING: iPMI Magazine Speaks With Marco Giacomelli, Head Of Generali Global Health

The way forward

The UK’s chief medical officer, Prof Dame Sally Davies, released her annual report, Generation Genome, in July 2017, where she heavily promoted the use of genomics in the UK’s NHS. In the report, Prof Dame Sally cites that genomic medicine has the potential to save costs and improve quality of care by targeting treatment, maximising benefit and reducing side effects. Essentially, she believes it provides patients with better and safer treatments, opportunities for screening and possibilities for prevention.

More than just a test

In many respects it almost sounds irresponsible not to make full use of genomics. There are certainly many positive, but providing the test also brings some responsibilities. After all, testing helps to decide the future of a patient’s medical health.

It is also necessary to make specialist counselling and follow-up treatment available. Once a specific cancer gene is found it sparks the start of a process involving monitoring, medical care and often some hard to make decisions. Treatments too can be invasive and life changing, both for the member, their families and their colleagues.

Healthcare authorities and scientists globally are pushing ahead in developing healthcare solutions that make use of genomic testing. Like Prof Davies, they believe genetic testing is the way forward for medical progress and are investing heavily in the procedure.

According to the WHO, many countries are already testing and investing in genomics. Brazil for example has invested $11 million US dollars to start a genomics programme. In Cyprus and Sardinia Genomics has been used to increase awareness and control of thalassemia – which is prevalent in the Mediterranean - with encouraging results.

The WHO has set up the Human Genomics in Global Health Initiative, which recognises the role of human genomics research and related biotechnologies in achieving many public health goals. This includes reducing global health inequalities by providing developing countries with efficient, cost-effective and robust means of preventing, diagnosing and treating major diseases that burden their populations.

However, with the growing interest in genomic testing globally, there is also a requirement to assure the quality of the services provided and to start regulating this sector. For example, in the US, a leader in genetic testing, a wide variety of public and private sector organisations have established a national framework of quality assurance. The EU and countries such as Australia are now following suite to also provide the same assurances.

Insurers will also therefore need to make sure they support and work with tried and tested partners as the demand and use of genetic testing continues to grow - back to assuming our responsibilities that I mentioned before.

The future of genetic testing

So, genomic testing appears to have an exciting future. Tests can now be used to diagnose many forms of cancer, and other genetic diseases such as Parkinson’s and Chron’s, more precisely. Indeed, genetic research is being used in many different sectors of medicine, including indicating that some forms of obesity are a result of genetic disorders.

Genomics saves time and cost in the diagnosis of rare diseases. There are over 7,000 rare diseases affecting small numbers of populations. A process of elimination often must happen before a diagnosis can be made however and a genetic test provides a fast and efficient method of doing this.

As Prof Dame Sally outlined in her annual report, genetic testing brings precision medicine, providing the ability for pharmaceutical companies to create new drugs for severe genetic diseases. Pharmaceutical companies such as Roche are doing just this. Roche has partnered with insurance companies in selected markets, including Europe, to support the development of health insurance products for specialised oncology care.

And, through partnerships with re-insurers, Roche has enabled the launch of several private health insurance products, primarily critical illness and cancer plans with special focus on breast cancer.

In 2016, Roche began exploring options to expand the private health insurance initiative beyond cancer funding to molecular diagnostic services offered by Foundation Medicine focused on cancer. This is an area Generali Global Health are exploring with Roche.

Medical health insurance providers must be key players in genomics

The future is positive for the use of genomic testing and its development is gathering momentum. Such developments are likely to lead to routine screening for a host of diseases sooner than you may think. Health insurance providers must be part of this movement and recognise the efficiencies and cost savings genetics can bring to the healthcare sector, as well as the improvement in wellness and health for our members.


Bupa UK Appoints Sales Director For Health Clinics

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Bupa has announced that Alaana Linney has been appointed Sales Director for Bupa Health Clinics. Joining from Nuffield Health, Alaana will take on the newly created role from July, overseeing the sales and client relationship strategy for Bupa’s network of UK clinics.

Within the role Alaana will be overseeing consumer, business-to-business and intermediary sales for Bupa Health Clinics.

Already a partner of choice for 55% of FTSE 100 companies, Bupa Health Clinics has ambitious growth objectives within the corporate and SME market. In addition there is an increased focus on the consumer market, including a recent partnership with Waitrose, making healthcare more accessible through pop-up clinics in selected stores across the UK.

Starting on 16 July, Alaana brings more than 12 years commercial and operational experience. She joins Nuffield Health in 2014, where she held a number of senior roles, most recently Director of Business Development.

Alaana Linney, incoming Sales Director of Bupa Health Clinics, said, “I am very excited to be joining one of the biggest brands in healthcare. This is a great business with lots of potential and I look forward to working with our customers and key partners to grow and develop our strategy."

Sarah Melia, Director for Bupa Health Clinics, added, “I’m delighted Alaana is joining our business. With such a wealth of experience, I look forward to working with her to further shape and drive our strategy, bringing us closer to customers.”

With more than 50 Bupa health clinics across the UK which are open to everyone, they offer the full spectrum of health services, including in-depth health assessments and physiotherapy.

Allianz Care Announces New Partnership With ICE Insurance In Mozambique

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Allianz Care has announced a new partnership with ICE Insurance, a local insurance provider in Mozambique.

Speaking about the new partnership, Ida Luka-Lognoné, CEO of International Health at Allianz Partners, says, “We are delighted to be joining forces with ICE Insurance in Mozambique and look forward to continuing to provide a world-class service for our clients there and throughout the wider region of Africa.  We have specifically designed our standard international plans to suit the needs of both expats and locals, in order to give them peace of mind, so they can focus on settling into their new homes safe in the knowledge that their health and wellbeing, and that of their families, is taken care of.”

RELATED READING: iPMI Magazine Speaks With Ida Luka-Lognoné, CEO, Allianz Worldwide Care

Edward Capel, COO of ICE Insurance, added, “ICE Insurance has been operating in Mozambique for over 21 years, during which time we have developed significant local knowledge and contacts across the region. We are thrilled to announce this partnership with Allianz Care today and look forward to combining our local knowledge with their global expertise to deliver world class international health insurance solutions for expats and locals based in Mozambique.”

This new partnership means that existing and new customers will benefit from the local experience, knowledge and contacts of ICE Insurance, at no additional cost, while continuing to have access to a comprehensive level of healthcare cover.

The plans available to groups based in Mozambique include:

  • Cover provided on a Medical History Disregarded (MHD) basis
  • Medical evacuation and emergency out-patient treatment
  • Around the clock security assistance hotline
  • Security advice about countries around the world
  • Daily security news updates and travel safety alerts
  • Counselling, legal and financial support
  • Health and wellbeing advice (available 24/7 in multiple languages)

For further information, visit:

A.M. Best Affirms Credit Ratings of Munich Reinsurance Company and Most of Its Subsidiaries

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A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of Munich Reinsurance Company (Munich Re) (Germany) and its subsidiaries. Concurrently, A.M. Best has affirmed the Long-Term ICR of “a” of Munich Re America Corporation (Munich Re America) (Princeton, NJ), along with the Long-Term Issue Credit Ratings (Long-Term IR) of Munich Re and Munich Re America. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings).

The ratings reflect Munich Re’s balance sheet strength, which A.M. Best categorises as strongest, its very favorable business profile, strong operating performance and very strong enterprise risk management (ERM).

Munich Re’s balance sheet strength is underpinned by risk-adjusted capitalisation which, measured by Best’s Capital Adequacy Ratio, exceeds the level required to support the strongest assessment. A.M. Best expects risk-adjusted capitalisation to be maintained at the strongest level, despite the group’s exposure to potentially large losses and its record of substantial dividend payments and share buy-backs. Underwriting and market risks drive Munich Re’s economic capital requirements. In A.M. Best’s opinion, these risks are managed appropriately, supported by a sophisticated ERM framework and an embedded risk culture.

The group’s operating performance is strong, demonstrated by a five-year average return on equity of 8.5% (2013-2017). In 2017, Munich Re reported a profit of EUR 392 million (2016: EUR 2.6 billion), despite significant losses from natural catastrophes in the Americas. Profits from life reinsurance and primary business partly offset losses in property/casualty (P/C) reinsurance, demonstrating the benefits of the group’s good earnings diversification.

Munich Re is a leading global reinsurer. Its business profile benefits from excellent diversification, with the performance of its various life, health, P/C operations largely uncorrelated. The group’s strong global franchise, superior access to clients and considerable expertise provide some insulation against intensely competitive conditions in the P/C reinsurance market.

The FSR of A+ (Superior) and the Long-Term ICRs of “aa” have been affirmed with a stable outlook for Munich Reinsurance Companyand its following subsidiaries:

  • Great Lakes Insurance SE
  • New Reinsurance Company Ltd.
  • Munich Reinsurance America, Inc.
  • The Princeton Excess & Surplus Lines Insurance Company
  • American Alternative Insurance Corporation
  • Munich American Reassurance Company
  • Munich Reinsurance Company of Canada
  • Temple Insurance Company
  • American Modern Surplus Lines Insurance Company
  • American Family Home Insurance Company
  • American Modern Home Insurance Company
  • American Modern Insurance Company of Florida, Inc.
  • American Modern Lloyds Insurance Company
  • American Modern Select Insurance Company
  • American Southern Home Insurance Company
  • American Western Home Insurance Company
  • American Modern Property and Casualty Insurance Company
  • Munich Re of Bermuda, Ltd.

The following Long-Term IRs have been affirmed with a stable outlook:

Munich Reinsurance Company

— “aa-” on GBP 300 million 7.625% subordinated bonds, due 2028

— “a+” on EUR 1.0 billion 6.0% subordinated fixed to floating rate bonds, due 2041

— “a+” on EUR 900 million 6.25% subordinated fixed to floating rate bonds, due 2042

— “a+” on GBP 450 million 6.625% fixed to floating rate subordinated bonds, due 2042

Munich Re America Corporation

— “a” on USD 500 million 7.45% senior unsecured notes, due 2026

American Alternative Insurance Corporation

— “a+” on USD 92.5 million 5.0% surplus notes

The Princeton Excess & Surplus Lines Insurance Company

— “a+” on USD 20.1 million 5.0% surplus notes

Pacific Prime Wins Two Awards At The NOW Health International And Best Doctors Insurance Convention In Thailand

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Global insurance broker Pacific Prime is pleased to announce that it has been awarded the Top Individual Agency 2017 award and Top Individual Sales 2017 award at the NOW Health International and Best Doctors Insurance Convention in Bangkok, Thailand this July.

Held on an annual basis, the NOW Health International and Best Doctor’s Convention recognizes outstanding achievements among their best-performing partners worldwide. The awards recognize Pacific Prime’s impressive growth in the Asia Pacific region, as well as their fruitful partnership with NOW Health International for over 7 years. The company has also been consistently delivering on its goal of Simplifying Insurance in emerging markets in Latin America together with Best Doctors Insurance.

Pacific Prime Singapore's Director, Olivier Zeller, accepted the awards and commented that the awards are a reflection of Pacific Prime’s goal of delivering the best insurance solutions for its clients through close cooperation with insurers. “This is a great honor for us to receive both the Top Individual Agency 2017 and Individual Sales 2017 awards this year. These awards only reaffirm the strength of our partnership with NOW Health International and Best Doctors Insurance. We are enthusiastic about our continued successful partnership with the companies in all the markets we are both present.”

Martin Garcia, Executive Chairman at Now Health International said, “Now Health International has enjoyed a strong relationship with Pacific Prime for many years, and it’s great to see this successful partnership recognized with two well-deserved award wins at our 2018 Annual Convention. One of our strategic priorities is to continue to build our Individual and Family book where we see significant growth momentum, and Pacific Prime’s expertise in international health insurance has placed them as our top producer of individual business over the past year, as well as the leader of our top three partnerships overall. Congratulations to Olivier and his team on this fantastic achievement; we look forward to continuing to work with Pacific Prime as we further expand our membership base across Asia and beyond.”

Aetna Supports Mental Health Issues In Hong Kong

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To mark the launch of its new Hong Kong health insurance company, Aetna announces a relationship with non-profit organization Mind HK to promote mental health wellness in the territory.

Global health care benefits provider Aetna International has announced that it will work with non-profit organization, Mind HK, to promote awareness of mental health issues among Hong Kong residents. This relationship comes hot on the heels of Aetna’s launch of its new Hong Kong health insurance company, Aetna Insurance (Hong Kong) Limited, on July 16 2018.

RELATED READING: Aetna International Continues To Expand Asian Footprint With Hong Kong License



One of the first joint efforts of this relationship is a study of the current perceptions around people who suffer from mental illness in Hong Kong today, and the stigma that people face here. The study will be undertaken in conjunction with the Hong Kong University, King’s College London, as well as London-based non-profit, Time to Change UK.

“If you look at the figures, one in six people in Hong Kong at any one time have a diagnosable mental health problem. And the problem is likely a lot bigger than that, as it’s still very much taboo to discuss mental health and emotional issues here,” said Dr. Hannah Reidy, Chief Executive Officer of Mind HK. “I’m hopeful that when Hong Kong catches on that the solution to mental health is to start talking about it, everyone will start doing this, and make it easier for people to ask for help when they need it.”

Aetna and Mind HK will also work to introduce to Hong Kong best practices from places that have spent more time trying to improve mental health care on a population basis - countries like the United Kingdom and Australia.

Today, Aetna’s award-winning Summit health plans for employers offer a built-in Employee Assistance Program - at no additional cost – to help companies support the mental wellbeing of their employees. With the program, Aetna members get access to confidential counselling from behavioural health experts in 180 countries around the world; by phone call, email, web and even chat messaging via an app.

“As we work to raise awareness for mental health issues, we’re also equally focused on developing solutions for people who need help,” says Kevin Jones, Chief Executive of Aetna Insurance (Hong Kong) Limited. “We’re looking into ways to drive early intervention – things like enhancing primary care offerings and using technology to make access to help more widely and easily available.”

As a leader in international health insurance, Aetna International also regularly publishes content on its website to help the globally mobile manage the stresses of transitioning to a Proprietary new country. The Aetna Explore Hub is publicly available and boasts resources such as country guides, moving checklists and guides on adapting to new cultures and environments.

Aetna International Takes Member Care To New Levels Of Personalisation

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Leading international health benefits provider, Aetna International ( is piloting a community care programme. The programme will redefine the definition of member care in the international private medical insurance market.  It will eventually see a series of key UK medical facilities assigned an individual Aetna International Case Manager, with a remit to support members in person. 

An important element of Aetna International’s focus on member care concerns the wide range of support services provided by the organisation’s Care and Response Excellence team (CARE). As well as responsibility for pre-authorisation and evacuation supervision, the team maintains telephone or email contact with in-patients to ensure treatment plans are fully understood and help is on-hand during the recuperation process.  

The programme, in partnership with The London Clinic, an internationally renowned private hospital and charity on Harley Street, will involve an Aetna International Case Manager acting as an additional liaison point between the medical staff and the member. This highly personalised approach will include frequent visits by the Case Manager to the hospital, allowing members to discuss any aspect of their treatment plans in person. Members will also be fully supported by the hospital’s dedicated International team.

The pilot will run for six months with an anticipated roll-out across other key UK medical facilities thereafter.

“Our aim is to join members personally, and at their convenience,” said David Healy; CEO EMEA – Aetna International. “We firmly believe this unique programme will help to maximise engagement and understanding among our members, their care givers and the Aetna International team. Members will be able to optimise their plan benefits, actively participate in discharge planning and take charge of their own health, all with us by their side”.

“We’re delighted to work with Aetna International on this initiative,” said Al Russell; Chief Executive at the London Clinic. “Our aim is to provide the best possible patient care, where patients have a seamless journey from the initial patient enquiry through to end of treatment. We have world leading specialists covering a wide range of medical and surgical disciplines and we are excited that Aetna members are able to access our comprehensive range of services.”

RELATED READING: iPMI Magazine Speaks With David Healy, CEO EMEA, Aetna International

87.5 Million Expatriates By 2021

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According to a new research report published by Finaccord, the total number of expatriates worldwide amounted to around 66.2 million in 2017. This figure has grown at a compound annual rate of 5.8% since 2013, given that there were around 52.8 million expatriates in that year. By 2021, Finaccord forecasts that the number will reach around 87.5 million.

  • The global expatriate population has reached 66.2 million and is on track to rise to 87.5 million by 2021;
  • the highest numbers of expatriates reside in Saudi Arabia, the UAE and Germany;
  • individual workers account for over 70% of expatriates worldwide and students for 8.5% of them.

This total is composed of several different types of expatriate, who can play very different roles in their host countries. Across 30 important inbound countries investigated (i.e. destination countries for expatriates), Saudi Arabia hosted the largest number of expatriates in 2017, followed by the UAE and Germany; in the UAE, expatriates made up 87.8% of the total population, which is the highest of these 30 countries. 

"The number of expatriates in the GCC states – mainly individual workers from Asian countries – has increased at an enormous pace in recent years as these economies are heavily dependent on the inflow of foreign workers", comments David Bowles, a Consultant at Finaccord. "In contrast, in other countries such as the UK and the US, international students, especially from China, constitute a comparatively high proportion of the total expatriate population, while the US and Spain attract the most retired expatriates, chiefly Canadians retiring to the US, and British or German residents retiring to Spain." 

Meanwhile, across 25 major outbound countries researched (i.e. expatriate countries of origin), India generated by far the largest group of expatriates resident abroad in 2017, with the GCC states a major destination, followed by China and Canada. 

Based on a comprehensive analysis of national and international sources to estimate the number, nationality and type of expatriates, Finaccord's research shows that the total expatriate population worldwide has also grown in relative terms. Specifically, the percentage of the total worldwide population that is composed of expatriates increased from around 0.75% in 2013 to 0.90% in 2017 and is forecast to rise to 1.13% by 2021. Moreover, the relative size of the expatriate population within the total worldwide immigrant population, as defined by the UN, has also grown from 24.4% in 2013 to 25.7% in 2017, and is predicted to increase further to 28.5% by 2021.

"Global mobility has increased significantly over the past decade and expatriates constitute a large and diverse market", concludes David Bowles. "In order to fully describe this market, Finaccord has developed an updated comprehensive and standardised analysis of expatriates worldwide that provides a consistent segmentation of expatriates. According to this analysis, the majority of expatriates in 2017 were classifiable as individual workers (71.1%) followed by students (8.5%), retired expatriates (5.2%) and corporate and other transferees (1.0%), with the balance of other expatriates (defined as non-employed spouses and children) making up the residual 14.1%."

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International Private Medical Healthcare Expatriate Travel Insurance Plans

A guide to leading international medical, healthcare, expatriate and travel insurance underwriters, companies and providers operating within leisure, expatriate and corporate travel business markets, globally.


Medical, Healthcare, Expatriate And Travel Insurance

A guide to leading international medical, healthcare, expatriate and travel insurance underwriters, companies, providers, operating within leisure, expatriate and corporate travel business markets, globally.