Menu
iPMI Magazine Is Proudly Sponsored By:
For a healthier journey.

Welcome To The IPMI Market Research Report Centre

Welcome to the iPMI Magazine online report centre, designed specifically with your businesses educational needs in mind. Here you may browse a range of highly specialist, niche, market research reports covering the hottest topics in the insurance industry today.

Bumrungrad Eyes China Healthcare Market

The second largest hospital operator in Thailand, Bumrungrad Hospital Pcl, is currently seeking international opportunities, with a view to expand in China, Myanmar and Vietnam. The news breaks following the domestic political crisis in Thailand, which has prompted the operator to cut its revenue target this year.

CEO Dennis Brown told major media that following months of political unrest the hospital operator cut the 2014 revenue growth target to between 7 and 10% from 10 to 15%.

The issues surrounding the political stability of Thailand were further represented by the hospitals international patient figures. In the 1st half of 2014 foreign patients, who account for approx. 60% of revenue, fell 12% for outpatients and 8% for inpatients.

"We anticipate between 7 to 10 % growth this year. Normally, we expect 10 to 15 %," Brown confirmed.

Fast facts:

  • Bumrungrad began international expansion in 1997, following Asia's financial crisis;
  • In March 2014 Bumrungrad acquired a 41% stake in a Mongolian hospital;
  • Has cash of about 6 Billion Baht;
  • Has set a budget of about 600 Million Baht a year to spend on equipment replacement and new machines.

China Healthcare Market Opens Up

With recent news from Beijing confirming that international investors may now wholly own a 100% of hospitals and elderly care homes in China, without a joint venture, Brown is excited at the opportunity to invest in China.

Over the years, Beijing has slowly opened the doors to overseas investment, allowing foreign investors to own 70% in past hospital joint ventures.

Read more...

DHL Adds China To DHL Thermonet Network

DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, expands its service offerings for the Life Sciences and Healthcare industry in China and added Beijing, Shanghai, Hong Kong, Guangzhou and Shenzhen to the company's worldwide DHL Thermonet network of Certified Life Sciences Stations as of 1 July 2014.

The 2,000-square meter facilities in Shanghai and Beijing are owned by DHL Global Forwarding while the airport facilities are located in Hong Kong, Guangzhou and Shenzhen with specific operational arrangements. All the facilities in China are in close proximity to airports and together, they offer more than 6,200 square meters of -15 degrees Celsius to +25 degrees Celsius cold storage space to serve DHL's global customer base in the Life Sciences & Healthcare sector with temperature-controlled airfreight shipment needs.

"Our customers in the Life Sciences and Healthcare sector are looking for better ways to manage the risk of product damage and loss from temperature deviations in their supply chain. DHL Thermonet tackles these requirements and offers China consignors and consignees access to a reliable end-to-end cold chain," says Steve Huang, CEO, DHL Global Forwarding China.

DHL is constantly expanding its DHL Thermonet network of Certified Life Sciences Stations and plans to reach 65 by end of 2014 and 80 by end of 2015. The DHL facilities in Shanghai and Beijing are audited against globally defined Good Distribution Practices (GDP) to ensure conformity across the network. All the facilities in China offer customers temperature monitoring, refrigerated truck delivery and pick-up, active container handling and passive packaging handling to ensure product quality at all times.

The facilities in China also offer different temperature warning systems from visual and audible alarms to multiple warning alerts via text messages and emails if temperature is exceeded. Backup power in the case of power outage as well as onsite security and CCTV footage are additional available features. The life sciences commodities which are expected to transit through these cold room facilities include pharmaceutical products, reagents, API active ingredients and vaccines.

Within Q4 of 2014, DHL plans to further expand the station's capabilities in Shanghai with additional 1,609 square meters of -15 degrees Celsius to +25 degrees Celsius cold storage space. In recent years, temperature controlled products for the pharmaceutical industry have gained significantly in importance.

The driving force is biotechnology products, which generally must be kept within a strict temperature range during transportation. The worldwide sales volume of this product category tripled from USD 56 bn in 2004 to an estimated USD 167 bn in 2013.[1] For the future, further growth is expected.

DHL Thermonet provides seamless temperature visibility along the supply chain, 24/7 proactive monitoring and intervention based on pre-determined touch points and DHL's RFID SmartSensor technology, that is also GDP certified. Temperature data and logistics events can be accessed via the proprietary LifeTrack IT platform that also houses all product-specific SOPs, facilitating early intervention and simplifying document control.

[1] Source: EvaluatePharma World Preview 2013

Read more...

Air Freight Markets Show Strong Increase In Air Cargo July 2014

Data for global air freight markets shows a strong increase in air cargo in July. Compared to July 2013, freight tonne kilometers (FTKs) rose 5.8%. This is an acceleration in growth from June when cargo demand grew at less than half that rate (2.4%). The strong growth mirrors positive developments in some key regional economies.

After a slowdown at the start of the year, global business confidence and trade are showing signs of improvement again, especially in Asia-Pacific. Global air cargo volumes have now surpassed their previous July peak, in 2010, and look set to continue to increase. European air freight, however, grew just 1.8%. This reflects the effects of the Russia-Ukraine crisis (including the impact of mounting economic sanctions), which is adding to economic weakness in the Eurozone.

“Overall, July saw growth accelerate. That’s good news and it reflects the continued strengthening of business confidence at a global level. But the air cargo industry is moving at two speeds with a sharp divide in regional performance. European carriers reported anemic growth of just 1.8% while all other regions reported solid gains of 5% or more on the previous year. In particular, the 7.1% growth reported by airlines in Asia-Pacific is encouraging as it demonstrates a recovery in trade and a positive response to China’s economic stimulus measures,” said Tony Tyler, IATA’s Director General and CEO.

Asia-Pacific airlines showed their strongest rise in air cargo volumes since the start of 2013, increasing 7.1% compared to a year ago. The fortunes of the region’s carriers are tied to the strength of major economies such as China, Japan and South Korea, which are expanding again after a slowdown at the start of the year. Capacity grew 4.0%.

European carriers saw little improvement in cargo demand, expanding FTKs just 1.8% compared to a year ago. The weakness of major economies such as France and Italy, along with the effect of EU sanctions on Russia, has dampened demand. Capacity expanded 4.4%.

North American airlines grew their FTKs by 5.2%. After weakness in the first quarter, trade volumes have rebounded and business growth trends look positive for the months ahead. Capacity fell 1.3%.

Middle Eastern freight markets expanded 9.4%. This strong performance came despite the impact of Ramadan. Airlines in the region are capturing growth opportunities by opening routes to fast-developing economies such as Mexico and Uganda. Capacity rose 7.8%.

Latin American carriers grew FTKs by 7.6% year-on-year. This encouraging performance could be the start of a pick-up in activity following months of weakness, particularly in Brazil. Capacity contracted 0.6%.

African carriers’ FTKs grew 11.3%. However, African freight volumes remain highly volatile, and given the slowdown in South Africa this year, it is too early to say that prolonged growth acceleration is underway. Capacity grew 4.5%.

Read more...

China Health Insurance Market Opens Up

Beijing encouraging foreign private investment to relieve stressed-out healthcare sector. Foreign investors may wholly own hospitals in seven cities and provinces, opening up the country's fast-growing private hospital sector.

At a recent meeting of China's cabinet, the State Council set out plans to build new medical facilities and elderly care homes supported by investment from international private medical insurance firms. Under the plans, investors will be allowed to own 100% of facilities in seven provinces and cities.

China's population, nearing 1.4 billion, are around 90% covered by state health care, however cover is limited and often medical fees are paid out-of-pocket. There is also a large difference between the quality of health care provided in rural and urban hospitals. This is blamed on a lack of funding and administrative corruption, mostly affecting the poorest people.

In June, Deutsche Bank calculated there were 11,300 private hospitals in China in 2013, a massive increase from 3,200 in 2005. Commercial insurance premiums grew 30% compared to the state sector growing 18%. According to a McKinsey report, the country's health care spending is forecast to reach around $1trn by 2020 from $357bn in 2011. According to Reuters this may lead to a rapid increase and flow of investment from international private insurers and hospital operators.

Over the years Beijing has slowly opened the doors to overseas investment, allowing foreign investors to own 70% in past hospital joint ventures. Under the new rules, China, Hong Kong, Macau and Taiwan, will all permit foreign investors to own 100% of hospitals.

Currently PICC Health Insurance, Kunlun Health Insurance, Hexie Health and Ping An Insurance Group Co of China Ltd are the largest private health insurers China.

Read more...

Now Health International Appoint Stuart Leatherby As Commercial Director

International health insurance provider Now Health International, confirm the appointment of Stuart Leatherby as Commercial Director from 1 June 2014.

Stuart, who has been working for Now Health in Dubai as a consultant for the last six months, will continue with his original projects as well as take on responsibility for a number of key global development opportunities.

CEO Martin Garcia commented, “Stuarts brings a wealth of international health insurance experience and knowledge to this key strategic role and will play a crucial role in the delivery of major projects and helping us to reach our long term goals”.

Read more...

Paraguay Travel Advice: General Strike 26 March 2014 Demonstrations Expected

A general strike has been called for 26 March. Demonstrations are expected across the country, particularly in downtown Asuncion. Some roads may be blocked. You should avoid all demonstrations as they may turn violent.

Monitor local media and follow the advice of the local authorities. The British Embassy in Asuncion will be operating with limited staff on 26 March. For emergency Consular matters, call +595 21 328 5507.

There are multiple outbreaks of dengue fever in Paraguay. You should take precautions to prevent mosquito bites.

Take out comprehensive travel and medical insurance before you travel to Paraguay.

Read more...

Managing The Lifecycle Of An Expatriate With International Medical And Health Insurance

 

In a Closed Door Exclusive Round Table Business Forum 2012, iPMI Magazine Spoke with Industry Leaders from the International Private Medical Insurance Market. Get the Inside Track on Expat Medical and Health Insurance from the Experts.

Moving a business into new uncharted waters where your native tongue may not be the local language, is a daunting affair. Speak to any CFO, HR Director or Expatriate or simply consider the stress put on ones shoulders when operating in a foreign and sometimes hazardous environment. For the unseasoned traveller on distant shores even simple tasks like shopping can be a strain. So imagine being in a life threatening situation, miles from home and family, seeking professional medical services and attention, in a foreign language and without the correct insurance coverage.

Read more...

Health Insurance

Health Insurance

You may be a frequent flyer business traveler, student, leisure or medical health tourist. Perhaps you are an already established Expatriate living away from home on foreign shores. Where ever you are now, understanding International Health Insurance requirements is vital to safe, risk free Global travel. Accidents do happen and when you least expect it.

Insuring you have the right type of Health Insurance will mean, should anything untoward happen, you will not be faced with a large medical bill, or even worse, insufficient medical care and treatment.

Since 2009 International Private Medical Insurance Magazine has been providing Daily mission critical Health Insurance News and information about International Health Insurance to expatriates, individuals, groups, corporate clients, brokers and intermediaries.

Select the right and most appropriate International Health Insurance plan for leisure, business, educational or health travel purposes, with the help and assistance of International Private Medical Insurance Magazines Online International Health Insurance Company and Plan Guide and Directory.

Read more...

International Medical Insurance For Schengen Visa

International Medical Insurance For Schengen Visa

You may be a business traveler, student studying abroad, an expatriate, leisure or medical health tourist searching to source, compare and select International Medical Insurance For Schengen Visa travel and countries. Since 2009 International Private Medical Insurance Magazine has been providing mission critical information about International Medical Insurance For Schengen Visa to individuals, groups, corporate clients, brokers and intermediaries. It is important to fully understand Schengen Visa International Medical Insurance requirements before you travel and insure you select the right and most appropriate health and medical insurance plan for travel to countries in the Schengen area.

Read more...
Subscribe to this RSS feed

iPMI Magazine Market Research Reports

International Health Insurance (IPMI) 2021

International Health Insurance (IPMI) 2021

Leading international private medical insurance publisher iPMI Magazine is excited to announce the launch of the “International Health Insurance 2021" IPMI market report written by leading insurance and healthcare analyst Ian Youngman. There are now 80 million expatriates, 5 million international students, 4 million temporary foreign workers, and 18 million high net worth individuals of which 2.7 million are ultra high net worth. All of these are targets for international private medical insurance. International health insurance for expats, third...

18-05-2021 International Private Medical Insurance Magazine Reports

International Health Insurance 2020: The Definitive iPMI Market Report Is Out Now

International Health Insurance 2020: The Definitive iPMI Market Report Is Out Now

Leading international private medical insurance publisher iPMI Magazine is excited to announce the launch of “International Health Insurance 2020" - International Health Insurance for Expats, High Net Worth Individuals, 3rd Country Nationals, Domestic Nationals and Global Nomads. There are more opportunities than ever for insurers and brokers to sell health insurance globally to locals and internationals. The global demand for health insurance is rising fast; There are opportunities for health insurers and brokers; The numbers of expatriates are rising and...

17-06-2020 International Private Medical Insurance Magazine Reports

International Health Insurance 2019: The Definitive iPMI Market Report

International Health Insurance 2019: The Definitive iPMI Market Report

Leading international private medical insurance publisher iPMI Magazine is excited to announce the launch of “International Health Insurance 2019 - International Health Insurance for Expats, High Net Worth Individuals, 3rd Country Nationals, Domestic Nationals and Global Nomads: Volume 1, 2 and 3.  There are more opportunities than ever for insurers and brokers to sell health insurance globally to locals and internationals. The global demand for health insurance is rising fast; There are opportunities for health insurers and brokers; The numbers...

05-04-2019 International Private Medical Insurance Magazine Reports

BREXIT And Insurance

BREXIT And Insurance

iPMI Magazine is excited to announce another excellent report and another excellent discount, for those insurers, brokers and agents selling - or planning to sell - into the UK and/or EU markets post BREXIT. With 200 pages of critical insurance business intelligence, this new market research report from leading insurance analyst Ian Youngman features the information you need to know, before it is too late: BREXIT is a legal and logistical nightmare.  UK regulators have demanded that every...

27-04-2018 International Private Medical Insurance Magazine Reports

About iPMI Magazine Reports

Delivered digitally in PDF format, iPMI Magazine market research reports contain all the insurance and healthcare business intelligence you need to make well informed cross-border business decisions. The results of over 60 years of combined IPMI market research, iPMI Magazine reports are where leaders learn from leaders from in-depth, specific and high targeted technical market contents.