Navigation Links
Globalsurance Releases 2013 International Private Medical Insurance Review
Date:9/2/2013

(PRWEB) September 03, 2013

Globalsurance has recently released the results of the company's 2013 International Private Medical Insurance Review, a study of medical insurance premium inflation trends in the IMPI industry.

With the overwhelmingly positive reception Globalsurance received in 2012 for their first IMPI Review, the company has decided to conduct the study on an annual basis into the future. Globalsurance has gathered data from leading international private health insurance companies over the last 5 years – 7,680 points of data in total – and has found that the average regional inflation rates for all areas and insurers included in the report were 10.2% per year for Southeast Asia, 9.3% per year for the Middle East and 9.5% per year for the rest of the world.

For the study, Globalsurance gathered IMPI data from eight insurers – Bupa International, Aetna Global Benefits, William Russell, InterGlobal, AXA PPP, Allianz Worldwide Care, IHI Danmark/IHI Bupa and Globality Health. The eight insurers provided data for 10 countries that the study focuses on – Hong Kong, Singapore, China, Indonesia, Thailand, Philippines, Dubai, UK, Kenya and Brazil.

The Globalsurance study shows that the country with the highest levels of IPMI premium inflation over the last five years is Hong Kong with a 12.2% yearly average, and the lowest is Kenya with 6.6%. Over the last 12 months however, the highest level of inflation occurred in Singapore at 11.3%, and the lowest level occurred in Dubai at 7.3%, well below their 9.3% five-year average.

Despite some extreme volatility being shown in previous years for IPMI, the last two years have shown more stable downward trends.

Globalsurance experts believe these downward trends are due to 1) the rapid growth of IPMI over the past five years, which has given insurers access to better statistical results and the ability to accurately adjust prices accordingly in each region, 2) The overall slowing down of the global economy – particularly the China and Asia economies, and 3) Intensifying price competition brought on by an increase of local insurers offering more comprehensive options for worldwide cover.

The full study contains a more detailed analysis of each country, each insurance company, and the industry as a whole. The study is available for free on Globalsurance's website at http://www.Globalsurance.com/blog.

Read the full story at http://www.prweb.com/releases/globalsurance-2013-IMPI/insurance-review/prweb11077835.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
2. GlobalSurance Conducts Survey of Major Insurers on Breast Cancer Testing Policies
3. IMG Add Moratorium Option, Increasing Likelihood of Pre-existing Conditions Cover for Globalsurance Clients
4. Globalsurance Clients with InterGlobal Receive Extra Protection via Red24 as Global Security Concerns Rise
5. Globalsurance Reports 18% Rise in Hong Kong Private Medical Costs
6. RI Auto Accident Lawyer Releases New Informational Graphic on the Dangers of Texting and Driving
7. Hi-Power Cycles Releases Revolutionary New Folding Solar Panels that Makes Solar Powered Commuting a Reality
8. Nadine Lajoie Re-Releases Book, #1 Best-Seller, “Win the Race of Life”
9. Jesse Anson Dawn Releases New Guide to Healthy Living
10. Spectrum Surgical Releases Flexible Bone Reamer Cleaning Brushes
11. RI Injury Law Firm Releases New Informational Graphic About Bus Accidents
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2017)... ... June 25, 2017 , ... FCPX LUT Vintage Volume 2 for ... look. FCPX LUT Vintage Volume 2 contains 60 different color-grade presets, giving editors multiple ... vignettes and blurs to single out subjects, plus much more. FCPX LUT Vintage Volume ...
(Date:6/25/2017)... ... 2017 , ... An increase in wetter weather in the Northern California area ... that; a humdinger of an allergy season. A relief from drought conditions is most ... grass and weed pollen. , “Our patients have been reporting the typical allergy ...
(Date:6/25/2017)... ... June 25, 2017 , ... June is Men’s Health Month and the focus ... cancer among men in the U.S. and the third most common cause of cancer related ... one man in seven will be diagnosed with prostate cancer during his lifetime. Those ...
(Date:6/24/2017)... , ... June 24, 2017 , ... ... family. Located at 217 Portion Road in Lake Ronkonkoma, Dental365 offers patients high-quality ... weekends so that visits to the dentist fit into their patients’ busy lifestyles. ...
(Date:6/23/2017)... ... 23, 2017 , ... The Rhode Island Quality Institute (RIQI) ... and Dashboards, an innovative new service enabling healthcare providers to proactively coordinate care ... and Dashboards provide near real-time data about patients admitted to and/or discharged from ...
Breaking Medicine News(10 mins):
(Date:6/7/2017)... DUBLIN , June 7, 2017 Endo ... on June 7, 2017, the Hon. Joseph R. ... District of West Virginia , entered ... Systems, Inc. Pelvic Repair System Products Liability Litigation (the ... filed MDL cases to provide expert disclosures on specific ...
(Date:6/5/2017)... OMAHA, Neb. , June 5, 2017 /PRNewswire/ ... chair in the United States ... chair that helps a fallen person up to an ... is easily assembled and operated by one assistant and ... hand. It is simple enough that a child can ...
(Date:5/30/2017)... 30, 2017 DarioHealth Corp. (NASDAQ: DRIO), a leading global ... announced that it will be presenting at the 7th annual LD ... Erez Raphael , CEO, of DarioHealth will be giving the ... held on June 6th & 7th, 2017 at the Luxe Sunset ... / micro-cap space. About LD ...
Breaking Medicine Technology: