Posts Tagged ‘India’
Expat workers in Gulf countries are increasingly limited in their options for affordable health care. Labourers from countries such as India are particularly affected as governments focus more on the local population. Dr Azad Moopen, speaking at the Global Healthcare Summit in Kochi, Kerala, warned that the GCC countries are facing huge challenges in accessibility [...]
Back in November Cigna announced a joint venture agreement with India’s massive TTK Group, which would sell private medical insurance in that country. At the moment both companies are still awaiting regulatory approval from the Insurance Regulatory and Development Authority. They expect to have it by 2013. But that hasn’t stopped them from developing their [...]
Everyone wants a piece of India these days. Most recently, Cigna and India’s TTK Group announced a joint-venture agreement to sell a range of health and insurance products across the country. The two companies are currently seeking regulatory approval from India’s Insurance Regulatory and Development Authority. They expect a license around 2013.
It may sound like something out of a cartoon, but rest assured it’s true: two Indian researchers have been awarded a USD 950,000 grant to develop an “electronic nose” capable of detecting tuberculosis in a patient’s breath. Grand Challenges Canada and the Bill & Melinda Gates Foundation awarded Professor Virandar Chauhan and Doctor Ranjan Nanda [...]
In the developed world, debate rages on over whether a quality public health system can exist at reasonable cost. A recent Reuters report argued the problem with the Spanish healthcare system was that it was too good–that is to say, the Spanish people cannot actually afford the quality of care being delivered. Emerging economies, however, have [...]
International health insurer Aetna announced its participation in a campaign using mobile technology to promote diabetes prevention in India. Aetna will work with non-profit Arogya World in an effort to reach 1 million consumers via text message. The campaign is set to last 2 years and will be run across 12 different languages. As many [...]
As temperatures rise to record levels across the United States, various international credit rating agencies are turning the heat up even further on Washington D.C. The inability of the US government to resolve its debt issues would wreak havoc on global financial markets, particularly on insurers, who are traditionally large holders of US Treasuries and [...]
The international arm of US-based Aetna acquired Indian Health Organization Pvt Ltd. (IHO), a company offering Indian consumers access to medical and dental care through a credentialed provider network. Aetna intends to use IHO’s 80,000 customers as a base for expansion in the Indian market. Its network of healthcare providers consists of 3,000 doctors, dentists, [...]
Dubai Islamic Insurance & Reinsurance has launched two new Islamic health insurance plans in the UAE: Rishtey and Health on Return. The two are aimed at the large population of Indian workers living in Dubai, and also provide some benefits for workers’ families back in India. Both are takaful plans – a type of insurance [...]
India’s insurance industry is set to grow faster than its economy till 2020, according to a recent post at Globalsurance, with total premium income to hit anywhere from 350 to 400 billion US dollars. This would be an increase of more than five fold in just under 10 years (the Indian insurance sector currently consists [...]
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