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Top International Private Medical Insurance Magazine News January 20 2015

Aviva Adds Expat Growth Destinations To International Private Medical Insurance

The increasingly popular expat destinations of Bahrain and Jordan have been added to Aviva’s Gulf Solutions private medical insurance cover, providing the international market with a single compliant approach to medical insurance in the Gulf region using leading local insurers and providers. In addition, Aviva has collaborated with Dutch insurer OZF Achmea to offer a solution to provide fully compliant health insurance cover in the Netherlands as well as cover when travelling outside the Netherlands. The geographical extensions form part of Aviva’s ongoing plans to expand cover for members in emerging and key expatriate markets.

Cigna Life Insurance New Zealand Launches New Travel Insurance Cover

Cigna’s new comprehensive travel insurance provides mature customers with peace of mind and sense of security when travelling away from home. | READ NOW

Pacific Prime Reports Increased Demand For Maternity Insurance In Hong Kong

Hong Kong’s private hospitals are notorious for extortionate costs when it comes to maternity care and unfortunately for those looking to start a family in the city, costs do not appear to be decreasing in 2015. Understandably then, maternity insurance in Hong Kong is highly sought after and recent research by Pacific Prime has shown that the demand has steadily been increasing. | READ NOW

Envision Healthcare Holdings, Inc. Announces Two EmCare Acquisitions, Initiation of 2015 Guidance and Expanded AMR Operations

Envision Healthcare Holdings, Inc. (NYSE: EVHC) (Envision) announced that its EmCare, Inc. (EmCare) business has entered into two agreements to acquire Emergency Medical Associates (EMA) of Parsippany, N.J. and Scottsdale Emergency Associates, LTD (SEA) of Phoenix, Ariz. The physician groups are expected to add an estimated $300 million to EmCare’s revenues and approximately 1.9 million patient encounters annually. | READ NOW

Healthy Passenger Demand in November

Global passenger traffic results for November 2014 show a continuation of the healthy demand trend of recent months. Total revenue passenger kilometers (RPKs) rose 6.0% compared to November 2013, which was ahead of the 5.7% year-over-year growth recorded in October as well as the 10-year average growth rate of 5.6%. November capacity expanded by 5.4%, leading to a 0.5 percentage point rise in the load factor to 76.7%. Growth was driven primarily by domestic markets which experienced a 6.9% increase in demand over the previous November (an acceleration over the 5.3% year-to-date average for domestic travel). | READ NOW

November Global Air Freight Growth Concentrates In Asia And Middle East

November 2014 data for global air freight markets showing that demand measured in freight tonne kilometers (FTK) grew 4.2% compared to November 2013. Capacity grew by 3.3% over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8%. The most significant growth was recorded by carriers in the Asia-Pacific and Middle East regions, at 5.9% and 12.9%, respectively. | READ NOW

Alternate Health Care Delivery Models And Payment Reform May Stall At Current Levels

A joint pulse survey between Aon Hewitt, the global talent, retirement and health solutions business of Aon (NYSE: AON), and Catalyst for Payment Reform, an independent, non-profit employer coalition pushing for better value in U.S. health care, shows that while employers find alternative provider delivery models and payment reform attractive, most admit they do not understand them or the value they provide. As a result, they may miss a significant opportunity to lead and improve results (health and financial) for their workforce and business. | READ NOW

Natural Catastrophe Insurance Losses Hit Five-Year Low In 2014

Impact Forecasting has launched its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide during 2014.

The report reveals that 258 separate global natural disasters occurred in 2014, compared to a ten-year average of 260 events, causing a combined total insured loss of USD39 billion – 38 percent below the ten-year average of USD63 billion, and the lowest annual insured loss total since 2009. The two costliest insured loss events of the year were both a result of severe thunderstorms, in June (Europe: USD3.0 billion) and in May (United States: USD2.9 billion). Meanwhile, global economic losses from natural catastrophes in 2014 stood at USD132 billion – 37 percent below the ten-year average of USD211 billion. The September flood event in northern India and Pakistan resulted in the largest economic loss of the year, causing an estimated USD18 billion in damage and representing the fifth consecutive year that Pakistan has registered a billion-dollar flood event. | READ NOW

Status Global Insurance Now Offering Travel Insurance For Extensive Pre-Existing Medical Conditions

Status Global Insurance are excited to announce the ground-breaking launch of the specialised travel insurance product, Fit-4-Travel, which offers comprehensive cover, with no upper age limit to UK citizens residing throughout the EU, who have extensive pre-existing medical conditions. | READ NOW

Workers Compensation Claims Will Decrease In 2015

Aon Risk Solutions has released its second Health Care Workers Compensation Barometer report. The report explores trends in frequency, severity and overall loss rates related to workers’ compensation for approximately 1,150 heath care facilities across the country. The 2014 report projects workers compensation loss rates will decrease one percent annually. The Health Care Workers Compensation Barometer report also shows that frequency of workers compensation claims has been slowly and consistently decreasing at the same one percent level over the ten year experience period analyzed. | READ NOW

Merger Creates One Of The Largest Providers In Canadian Travel Insurance

Allianz Worldwide Partners and The Co-operators have announced the completion of the merger of their respective Canadian travel insurance companies. The merger of Allianz Global Assistance Canada and TIC Travel Insurance Coordinators, first announced in September, has created one of the largest travel insurance providers in the country, operating as Allianz Global Assistance. The combined entity will leverage the strengths of the two organizations to offer industry-leading products and services for Canadian travellers and visitors to Canada. | READ NOW

AIG Completes the Acquisition of Ageas Protect, Leading Provider of Life Protection Products​

American International Group, Inc. (NYSE:AIG) today announced the completion of its previously agreed acquisition of Ageas Protect Limited, a leading provider of term life, critical illness, and income protection coverage to over 350,000 consumers in the UK, Channel Islands and Isle of Man. | READ NOW

MDossier(SM) Provides Assured Access To Personalized Medical Care Abroad​

A first class ticket to trusted medical care for international travelers.

HTH Worldwide, a global health services and technology company, has announced the launch of MDossier, the personalized, pre-travel health and safety report for world travelers.| READ NOW

HTH Worldwide Opens Access to Vital Health and Safety Information | READ NOW

Manulife Japan Commence Sales Of Single Premium Whole Life Insurance With Currency Options Through Chukyo Bank Ltd​ | READ NOW

More Than 3.7 Million UK Employees Could Either Have Paid-For Benefits They Were Unaware Of, Or Are Missing Out On The Chance To Have Protection Insurance Or A Pension(2)​| READ NOW

Now Health Recruits Patrick Meng As Director And General Manager Of New Beijing Branch​​ | READ NOW

Air Freight Strong Performance Continues​ | READ NOW 
Passenger Traffic Maintains Strong Growth in October​ | READ NOW
National Health Expenditures Continued Slow Growth In 2013​  READ NOW
AXA Bahrain Launches Health Insurance Online​ | READ NOW
Insurers Must Strengthen Consumer Relationships To Reduce Customer Turnover​ | READ NOW
Berkshire Hathaway Specialty Insurance Launches Singapore Operation, Appoints Key Leaders in Region​ | READ NOW
More Than 46 Million Americans To Celebrate Thanksgiving With A Holiday Getaway, Most Since 2007 | READ NOW
Millennials Place Lower Priority on Medical Care than Other Generations | READ NOW
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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.