Local SMEs in Hong Kong seem to be underestimating the prevalence of health issues among employees while growing their businesses. A survey conducted by newly-launched digital healthcare platform StartupCare among 1,000 founders and representatives of local start-ups and SMEs revealed that almost half of them do not provide group medical insurance to employees.
East Africa's life insurance business is growing, fuelled by increasing demand among the fastest growing middle class even as general insurance business' largest classes-motor and health-suffer severe losses and fraud, according to a new survey.
The National Insurance Commission (NAICOM) has urged the board of directors of insurance companies to ensure sound management of the companies without interfering in management functions.
Eight insurance companies in the Egyptian market have increased their paidup capital by EGP339m ($20.85m) in the year to date, to reach a combined total of about EGP1.3bn.
The Strategic Committee for Health Insurance is engaged in drawing up plans and strategies to develop the health insurance industry, raise the level of integration and coordination between insurers and the insured and reduce attempts by unscrupulous parties to circumvent the rules to obtain healthcare services unlawfully.
The 25th Indonesia Rendezvous held last week kept its sights trained on the future with an emphasis on starting to prepare for it now.
The International Committee for Insurance Medicine (ICLAM) Congress will be organised in India for the first time in November 2019. The event titled, "ICLAM Mumbai 2019", has received tremendous response with close to 500 registrations so far from 30 countries.
The insurance purchasing landscape is changing considerably in New Zealand, with an increasing number of SMEs choosing to buy at least some of their cover direct rather than through traditional broker channels, according to Vero New Zealand in its latest SME Insurance Index.
The Algerian insurance market posted a total of DZD80.8bn ($677m) in premiums (including international acceptances) in the first six months of this year, an increase of 9.4% compared to the first half of 2018, according to data from the National Insurance Council.
The IFPAS 50th Anniversary gala dinner was graced by Guest of Honour, Ms Sim Ann, Senior Minister of State, Ministry of Communications and Information & Ministry of Culture, Community and Youth.