Natural disaster insurance shifts after two T10 typhoons in Hong Kong

With more severe typhoons hitting Hong Kong directly, insurers are set to examine their natural disaster insurance premium strategies in the Asia Pacific region. Last year’s Hato was hailed as the worst typhoon to hit Hong Kong for years, causing $511 million worth of damage in Hong Kong alone, but it kept it’s badge only …

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The average annual growth of the cost of international medical insurance in Hong Kong

The cost of international medical insurance in Hong Kong rose since 2015. How do we know this? For the first time in Pacific Prime’s history of publishing our annual Cost of International Health Insurance reports, this year’s report includes a CAGR (Compound Annual Growth Rate) analysis of average premiums from 2015 to 2018. The CAGR …

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Four reasons why the cost of private health insurance is rising

Anyone who has ever bought an International Private Medical Insurance (IPMI) plan will have noticed that their premiums go up slightly during renewal time each year. While the exact reason for each country differs, today’s article Pacific Prime Hong Kong will discuss why IPMI premiums changed this year, using data taken from our recently released …

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