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The Prime Times

News & Developments in International Health Insurance

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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…

Nov 17, 2012

Now Health gaining traction with Pacific Prime across the Middle East and China.

After a cautious start, Pacific Prime , the world's leading distributor of International private health insurance, is beginning to work more closely with Now Health and has been impressed by the new organizations service and claims capabilities so far.

Now Health was launched in 2010 by a management team largely made up of former Goodhealth employees, notably the former Managing director…

Nov 17, 2012

Pacific Prime re-brands its Singapore Kwiksure operation with Pacific Prime name

Pacific Prime, one of the leading global distributors of international private medical insurance in Asia and the Middle East has re-branded its Singapore operation under the Pacific Prime brand name.

Pacific Prime's Singapore operation first originated in 2006 to assist its clients relocating to the city state from Hong Kong and China and has steadily…

Nov 15, 2012

Pacific Prime sees international private medical insurance inflation falling - AXA PPP numbers are good.

Pacific Prime has seen increasing signs of global medical insurance inflation falling in the high end sector, often called International Private Medical Insurance (iPMI). Rates of inflation have typically been running year on year at around 11% for the past 5 years. However, in recent months a number of key industry players have recorded inflation rates well below this level and with an annual increase…

Nov 14, 2012

Pacific Prime predicts little value for clients after Cigna re-brands Van Breda

Individual and SME Pacific Prime clients will see large annual increases in 2013 across the Cigna Global Expat plus plan, recently acquired from Van Breda and now undergoing a re-branding to the Cigna brand. While most international insurers have published annual increases well below the 5 year trend for 2012, (Allianz Worldwide Care, Bupa International, Aetna Global Benefits and AXA PPP) these…

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