Reinsurance News

health insurance

Aon appoints Fabio Martinez as Head of Health & Talent, Brazil

20th March 2026

Global insurance and reinsurance broking group Aon has announced the appointment of Fabio Martinez as Head of Health & Talent for Brazil. In his new role, Martinez will lead the health and talent strategies of Aon’s Brazilian operations, supporting clients in an increasingly volatile business environment marked by complex and interconnected ... Read the full article

India’s insurance market set for strong mid-term expansion: Swiss Re

19th January 2026

According to Swiss Re, a global reinsurer, India’s insurance market is poised for a period of robust growth, outpacing other major markets over the next five years. Swiss Re’s report, "India's economic and insurance market outlook 2026-2030: resilient and rising amid global shifts," forecasts mid-term annual premium growth of 6.9% between ... Read the full article

Rise of GLP-1 drugs brings substantial litigation risk: DAC Beachcroft

18th December 2025

Law firm DAC Beachcroft warns of surging product liability claims that come with the rise of popular Glucagon-like peptide-1 receptor agonists (or GLP-1s), drugs for obesity management. While drugs like Ozempic and Wegowy offer health benefits, their rapid adoption has sparked a wave of legal challenges in the United States, with ... Read the full article

AM Best warns of prolonged headwinds for US health insurers through 2027

25th November 2025

AM Best, the credit rating agency, is continuing its negative outlook for the US health insurance industry as 2026 approaches, pointing to persistent medical cost escalation in Medicare Advantage and a misalignment between rates and member acuity in Managed Medicaid, along with several other pressures. The Best’s Market Segment Report, “Market ... Read the full article

AM Best revises US health insurance segment outlook to negative

1st September 2025

US health insurers have come under significant pressure due to increased utilisation and higher medical costs across the industry, prompting AM Best to revise its outlook on the segment to negative from stable. In its recent report, AM Best highlighted that the US health insurance industry is facing broad-based increases in ... Read the full article

Swiss Re introduces guidance for underwriters on repurposed longevity drugs

12th August 2025

Swiss Re's August 2025 Life Guide has introduced guidance for underwriters on how to assess life insurance applicants who show signs of using repurposed longevity drugs, an emerging trend among health-conscious individuals. The update provides new guidance on medications like metformin and rapamycin, which were originally developed for other conditions but ... Read the full article

QBE North America launches Life Sciences insurance offering

8th July 2025

QBE North America, part of the global insurer QBE, has launched a new Life Sciences insurance product designed to address the complex and evolving risks faced by medical product developers, manufacturers, and distributors. The product provides liability protection across a broad range of classifications, including clinical trials, dental and medical devices, ... Read the full article

AM Best: US health insurance industry faces challenges but continues to stay profitable

12th March 2025

AM Best, a global credit rating agency focused on the insurance industry, has released its Annual Review & Preview Best's Market Segment Report, titled "US Health Insurers Met Challenges in 2024, but Pressures Expected to Persist in 2025." The report highlights that while the US health insurance industry saw favourable operating ... Read the full article

Everest partners with MGA RedRay to expand Medical Malpractice coverage in Asia

15th January 2025

Everest International Reinsurance Limited (EIS), Singapore branch, has appointed Managing General Agent (MGA) RedRay to quote and bind policies for Medical Malpractice Liability Insurance and associated coverages in Asia. EIS received regulatory approval to appoint RedRay as its underwriting agent, authorising them to quote and bind policies for a wide range ... Read the full article

ICICI Prudential Life and RGA launch first-of-its-kind health product for women

2nd January 2025

ICICI Prudential Life Insurance, in collaboration with Reinsurance Group of America (RGA), has developed and launched ICICI Pru Wish, a first-of-its-kind health product in the life insurance industry that addresses critical illnesses and surgeries specific to women. ICICI Pru Wish offers an immediate payout of up to 100% of the health ... Read the full article

AM Best maintains stable outlook on US health insurance segment

28th November 2024

Credit rating agency AM Best has maintained its stable outlook for the US health insurance market, citing strong capitalisation and profitability as key factors, among others, despite declining underwriting results. In 2023, the health insurance sector witnessed favourable overall earnings, with net investment income contributing positively to the industry's financial performance, ... Read the full article

China’s untapped personal & health insurance market to unlock growth opportunities: BCG

26th November 2024

China's personal insurance sector is predicted to grow in the range of 5% to 10% by 2035, a potential expansion primarily driven by the relatively untapped market for pension and health insurance in the country, according to a recent report by BCG. With an ageing population, increased health awareness post-COVID, and ... Read the full article

MSIG launches new health policy with coverage for Parkinson’s and other critical illnesses

23rd September 2024

MSIG Insurance, a provider of general insurance solutions in Asia and part of the MS&AD Insurance Group, has introduced CriticalCare Plus, a new health policy covering five major critical illnesses: cancer, heart attack, stroke, Parkinson’s disease, and Alzheimer’s disease. Aimed at individuals aged 18 to 60, CriticalCare Plus offers financial protection ... Read the full article

Aon appoints Chris Simmons as Head of Health UK

20th September 2024

Global insurance and reinsurance broking group Aon has announced the appointment of Chris Simmons as Head of Health UK. In a recent LinkedIn post, Aon stated, “Chris has spent almost three decades in the health industry, with his most recent role as Chief Broking Officer in our UK Health team. Chris ... Read the full article

Altea Insurance expands across Europe with new office in Ireland

18th September 2024

Altea Insurance (Altea), a provider of combined insurance and risk management services for the medical, allied health, and care sectors, has announced its expansion into the European Economic Area (EEA). Launched last summer under the leadership of Carly Matson, Altea is supported by Mission Underwriters UK & Europe and backed ... Read the full article