Asiainsurancereview.com

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 …

Actived: 4 days ago

URL: https://www.asiainsurancereview.com/Magazine/ReadMagazineArticle?aid=46247

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

China's health insurance: A blue ocean strategy

WEBThis is a health insurance product launched in cooperation with a world renowned medical institution. According to China Life, this is the first medical insurance in China that …

Category: Medical Go Health

South Korea: Healthcare costs for seniors to quadruple by 2030

WEBSouth Korea may have to spend over KRW90 trillion (US$80 billion) annually by 2030 on healthcare for seniors, when baby boomers (born 1955 to 1963) enter their old age, …

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: Coverage of government-run basic medical insurance …

WEBChina Life & Health. The National Healthcare Security Administration (NHSA) has said that the coverage of China's basic medical insurance is stable at over …

Category: Medical 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

Life Insurance Feature

WEBSecondly, the individual ticket sizes of premiums booked have increased over the last five years. Where the market would have then considered a US$1 million single premium as a big case, the deal sizes are on average today between $3 million to $5 million, with an increasing number of underwriting mandates for $10 million and above.

Category: Health Go Health

China Insurance CEO interviews Asia Insurance Review

WEBPing An's 1Q2024 financial results dented by snowstorms and lower investment yields. Ping An Insurance (Group) Company of China (Ping An) has announced that its net profit attributable to shareholders stood at CNY36,709m ($5,071m) in the first quarter of this year, a fall of 4.3% compared to the corresponding quarter of 2023.

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

China: 140 low-cost supplementary medical insurance plans …

WEBChina: Sunshine Insurance Group's 2023 profits hit by plunge in investment income. China Life & Health. A total of 140 inclusive supplementary health insurance plans, known as huiminbao ("Benefit The People" health insurance) policies have been launched across the country, covering 26 provinces, as of 31 May 2021.

Category: Health 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

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

Regulators propose turning "Benefit the People" insurance into …

WEBThe National Administration of Financial Regulation (NAFR) and the National Healthcare Security Administration (NHSA) have released draft regulations …

Category: Health Go Health

Asia Insurance Review > Conferences > Conference Details

WEBVirtual Asia Life Insurance Summit. 24-25 Aug 2021, Virtual Event. Theme: "Life & Health in Digital Era". Download Brochure Image Gallery Conference Report. The global life insurance industry has weathered onslaughts from multiple fronts - a global pandemic, persistently low interest rates, regulatory changes and changing customer expectations.

Category: Health Go Health

Asia Insurance Review > Conferences > Conference Details

WEBThe Asian healthcare landscape stands at a pivotal moment. Swirling tides of demographic shifts, rising costs, and evolving consumer expectations are forcing …

Category: Health 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

Top-25 InsurTechs in Asia revealed

WEBOther jurisdictions within the top-25-ranked InsurTechs in the region are Hong Kong (three), Singapore (two), Japan (one) and Indonesia (one). In the case of Hong Kong, it has a …

Category: Health Go Health