IP and Trauma Premiums to Rise at AIA
AIA is planning to increase premiums for its income protection (IP), wavier of premium, and closed trauma products to counter claim trends and inflation.
The...
3.2% Growth in Policyholders at Nib – Revenue up 16%
Nib New Zealand has seen its net premium revenue grow by almost 16% to $360m, and policyholder growth of 3.2% according to its latest...
Chubb Life Publishes Top-Line Claim Data
Chubb Life, formerly Cigna, has released its top-line claim data for 2022 saying it paid 93% of all claims received.
For life cover, most of...
Nib’s Top Five Medical Claims for June
A heart operation on a 72-year-old man costing $113,000 topped nibs' list of its five most expensive claims for June.
Altogether, the list includes three...
Claims Data Published by Partners Life
The most popular story published by Riskinfo this week was our report on the $1bn Partners Life has so far paid its policyholders...
Partners Life...
Fidelity Life Extends Cancer Support
Fidelity Life’s group trauma insurance customers and their employees can now access Cancer Coach, a personalised cancer support service.
The offer builds on the firm's...
AIA Reports Year-on-Year Increase in Customers
News that AIA's client base grew by 15,000 last year, and that 70% of the population is underinsured, generated significant interest among Riskinfo readers...
Nib Reduces Pre-Existing Condition Stand-Down Time
Nib is reducing its stand-down period for pre-existing conditions covered under its Easy Health policy from three to two years, and offering a 10%...
Nib’s Top Five Medical Claims for May
Four of the top five most expensive surgeries covered by nib in May were for heart procedures.
The most expensive operation funded by the firm...