Friday, July 1, 2022

Claims

Long Covid Putting Pressure on IP Claims, Premiums

The Actuaries Institute in Australia says there is a risk of higher insurance claims and premiums as a result of Long Covid – a...

Call for Radical Re-think of Life, Trauma Products

Australian firm Retender is challenging the insurance industry to reconsider how life insurance and living insurance products might be re-designed to reduce the number...

Cigna NZ Reports Strong Revenue Growth

Cigna New Zealand's latest financial results show a 12% increase in net premium revenue, underpinned by a 22% increase in sales, and a net...

Partners Life Adopt New Risk Claims System

It's going to be a busy six weeks at Partners Life as its risk claims team bed in a new claims management system. The company...

Health Insurer Battles Backlog as New System Introduced

The introduction of an updated policy administration system has pushed claims turn-around times to 15 days, pre-approvals to two working days, and lead to...

Health Insurance Stats Show Steady Rise in Premiums

According to Stats NZ data 1.45 million New Zealanders are paying almost $2 billion a year for private heath insurance. The country's population sits...

Lifestyle Changes Could Reduce Most Premature Deaths – Report

A report from AIA NZ has uncovered the five risk factors that lead to the five most common preventable non-communicable diseases which account for...

Bad Backs Top List of Southern Cross Surgery Claims

Surgery for bad backs has topped the list of most expensive surgical claims funded by Southern Cross Health Insurance in the year to 30...

Younger People See Value of Health Insurance

An increasing number of young people are taking out health insurance and $400 million in claims were paid in the three months to 30...