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Rising healthcare costs a challenge for insurers

WEBWith healthcare costs constantly on the rise, 2023 will see a spike to pre-pandemic levels as global inflation rates soar. Insurers are expecting greater challenges in keeping …

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Healthcare in Asia: A storm in the making!

WEBHealthcare in Asia is a perfect storm in the making. As the Asian economies develop and mature, economic growth brings in its wake rapid urbanisation, increase in income, …

Category: Health Go Health

Imperative to improve access to healthcare despite rising costs

WEBAsia Conference Reports Life & Health. Health insurers in Asia are challenged by high medical inflation that is expected to reach 10.2% in 2023 according …

Category: Medical Go Health

China:11.6m people benefit from critical illness insurance in 2023

WEBChina: Coverage of government-run basic medical insurance scheme stable at over 95%. China Life & Health. Around 11.56m urban and rural residents in China …

Category: Medical Go Health

China: Coverage of government-run basic medical insurance …

WEBChina: 11.6m people benefit from critical illness insurance in 2023. China Life & Health. The National Healthcare Security Administration (NHSA) has said that the …

Category: Health Go Health

China: 140 low-cost supplementary medical insurance plans …

WEBChina: 11.6m people benefit from critical illness insurance in 2023. China Life & Health. A total of 140 inclusive supplementary health insurance plans, known as …

Category: Health Go Health

Huiminbao attracts 101m subscribers and premium income of …

WEBLow-cost inclusive supplementary health insurance plans, dubbed generally as huiminbao ('Benefit the People' insurance) covered 101.17m people across the …

Category: Health Go Health

Study shows huiminbao's role in supplementary medical insurance …

WEBAviva-COFCO Life maintains solid premium growth and capitalisation. China Life & Health. The low-cost inclusive supplementary medical insurance plan huiminbao …

Category: Medical Go Health

China: Digital underwriting seen as growing force for efficiency …

WEBChina Life & Health InsurTech. Over 80% of new Life and Health (L&H) insurance policies in China are underwritten by online digital applications from all …

Category: Health Go Health

Opportunity for private health insurance in Taiwan

WEBWith the population expected to live longer and medical costs continuing to rise, there is a huge potential for the growth of private insurance in Taiwan as the health authority …

Category: Medical Go Health

Asia: Medical claims in the region expected to rise faster than …

WEBOther News. Asia: Prudential posts strong 45% jump in new business profit to US$3.1bn in 2023 Asia: Mainland Chinese visitors help HK to be AIA's top market in …

Category: Health Go Health

China: IFC plans to invest in Fosun United Health Insurance

WEBChina Life & Health M&A. The International Finance Corporation (IFC), a member of the World Bank Group, is proposing taking up an equity stake in Fosun …

Category: Health Go Health

Vietnam: Insurers battle stubbornly high medical inflation

WEBVietnam has both the highest rate of medical inflation and the highest Aon Medical Inflation Index (AMII) across the region, says Aon in its inaugural Asia Healthcare Trends Report …

Category: Medical Go Health

Latest Insurance Industry Conferences

WEB20th Asia NAT CAT and Climate Change Summit 2024. 10-11 Jul 2024, Manila, Philippines. Theme: "Forging Resilience: Building a Future-Proof Insurance Industry in the Face of …

Category: Health Go Health

China: Inclusive supplementary health insurance plans take off …

WEBMore than 40 cities across China have launched inclusive commercial supplementary health insurance plans (called "huiminbao"), for which premiums …

Category: Health Go Health

Chronic diseases on the rise in India

WEBAccording to ‘The India Life Sciences Report 2019’, 31% of physicians in India’s metro cities believe that it will become more difficult to deliver quality healthcare over the next five …

Category: Health Go Health

China: Shanghai underlines several ways the city enhances the …

WEBChina: 50% of households spend more than $1,100 each on insurance policies in 2023. Malaysian Re and Chinese insurance giant CPIC sign MOU to develop …

Category: Health Go Health

Asia Insurance Review > Conferences > Conference Details

WEB18th Asia Conference on Healthcare and Health Insurance. 10-11 May 2023, Four Points by Sheraton Singapore, Riverview, Singapore. Theme: "Reimagining …

Category: Health Go Health

India: Health, inflation and spouse well-being cited as retirement …

WEBThe anxieties include health issues due to termina l illness, inflation impacting their savings, and the financial well-being of their spouse. The survey of more …

Category: Health Go Health