Category Archive For "Insurance"
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 …
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 …
Breast cancer therapy insurance: what are your options?
Cancer is the second leading cause of death globally, and is responsible for an estimated 9.6 million deaths in 2018. In 2018 alone, WHO reported 2.09 million cases of breast cancer worldwide, with already 627 000 deaths caused by it. And while the best way to treat cancer is to detect it at its early …
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 …
How to secure school insurance through a broker
As a member of the management team in an educational institution, you are responsible for the school’s daily operations. You understand that when the unexpected happens, you must have a risk management plan in hand and ensure that every perilous situation will be handled fast and efficiently without any unnecessary delays. But what if …
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