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The Prime Times

News & Developments in International Health Insurance

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Dec 13, 2012

Aviva Discontinues Health Insurance for its IdealMedical and Global Health plans in Singapore

Aviva Ltd recently announced that it will no longer be providing two of its health insurance products in Singapore. This move could potentially impact 5,000 to 10,000 customers currently on the IdealMedical or Global Health plans. Pacific Prime representatives have learned that Bupa International and its partner, Raffles Health Insurance are planning…

Dec 05, 2012

Expats Shocked into Cover in Dubai

The news of a recent Jumeirah Lake Towers (JLT) fire in Dubai has led to a sudden rush for Home Contents Insurance purchase as well as a range of other types of policies, and raised an important issue as to whether expats in Dubai are fully aware of their insurance options.

Dec 05, 2012

South America International Medical Insurance market shuts down in 2012

For many decades, South America's offshore international medical insurance industry has catered to wealthy, high-earning South Americans and flourished. IHI Denmark was one company that had developed its products and seen especially high levels of success in the region. Despite the previous years of high success and growth, 2012 has proven to be a difficult time due to a combination of new regulations…

Dec 04, 2012

IHI Bupa 2013 Premium Increase Below Expected Rate

Pacific Prime, one of the largest global distributors of IHI Bupa policies, is pleased to see premium increases for 2013 come in below the 5 year trend, confirming Pacific Prime's recent opinion of the International Private Health Insurance market…

Nov 28, 2012

Munich Health newly branded Globality Health considered a success with Pacific Prime

Pacific Prime has been working closely with DKV Globality since 2009 when the Individual comprehensive health insurance plan became widely available in the market. Last month, the plan underwent a re-branding and was named Globality Health but will still remain a part of Munich Health, the international medical insurance segment…

Nov 20, 2012

Pacific Prime sees more good news on Global Private Medical Insurance Inflation

AXA Winterthur in China and Healthcare International have recently released promising insurance increases for 2013. Both insurers published their premium rates for 2013, coming in at 10% and 9.5% respectively (this compares to a long term average of 11% globally and over 12% in China). Although at the higher end of a recent wave of rate revisions from leading players such as Bupa…

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