India News

Americans increasingly traveling overseas for cheaper surgeries

Americans looking to save money on medical procedures are increasingly traveling overseas for surgeries not covered by their insurance to avoid costly hospital stays in the U.S. The trend is being driven by rising health care costs and frustrated ranks …

Swiss Re Opens HK Training Center

Swiss Re announced that it has officially opened the “Swiss Insurance Training Centre (HK) [SITC-HK], to mark the company’s 50th year in Asia-Pacific.” Swiss Re said the new facility will provide “state-of-the-art courses for insurance and reinsurance professionals from throughout …

Injuries, Suicide Reported to Cause 3,300 Deaths a Day in Western Pacific

The World Health Organization on Monday said it was alarmed by figures showing that over 3,300 people in the Western Pacific region die daily of road traffic accidents, suicide, drowning and other injury-related deaths. According to the World Health Organization, …

Americans increasingly traveling overseas for cheaper surgeries

Americans looking to save money on medical procedures are increasingly traveling overseas for surgeries not covered by their insurance to avoid costly hospital stays in the U.S. The trend is being driven by rising health care costs and frustrated ranks …

Lloyd’s Chairman Details ‘Success Factors for Europe’

Lloyd’s Chairman, Lord Peter Levene, speaking at a symposium in St. Gallen, Switzerland, outlined what he feels are essential components of “success factors for Europe.” Levene began his remarks by stating as a “key belief” that modern Europe cannot function …

Americans Increasingly Traveling Overseas for Cheaper Surgeries

Americans looking to save money on medical procedures are increasingly traveling overseas for surgeries not covered by their insurance to avoid costly hospital stays in the United States. The trend is being driven by rising health care costs and frustrated …

Converium Confirms Successful April 1 Non-U.S. Treaty Renewals

Swiss-based Converium recorded successful renewals of its of non-life treaties as of April 1. The Company said it “bound non-life contracts of US$ 272.2 million or 99.5 percent of the business that was up for renewal. This result is fully …

SCOR Scores Success with Asian Treaty Renewals

French reinsurer SCOR Group reported premium gains in its Asia-Pacific zone following treaty renewals at the beginning of April. Written premiums In Japan exceeded 7 billion yen ($59.3 million) up 6 percent compared to 2005. SCOR noted: “Wind risk pricing …

Combat job outsourcing and off-shoring with education

Closer Look: Insurance professionals must keep up their credentials and education if they want to combat outsourcing and off-shoring of insurance industry jobs, Don Hurzeler, Chartered Property Casualty Underwriters Society immediate past president, told members of the Suncoast Chapter of …

Insurance professionals must keep up their credentials and education

Insurance professionals must keep up their credentials and education if they want to combat outsourcing and off-shoring of insurance industry jobs, Don Hurzeler, Chartered Property Casualty Underwriters Society immediate past president, told members of the Suncoast Chapter of CPCU at …