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Consortium of Top-Tier Insurers and Asset Managers to Acquire Leading European Life Insurance Consolidator Viridium

  • Written by: iPMI Global
  • Category: Breaking News

A consortium including Allianz, BlackRock and T&D Holdings will acquire ownership of Viridium Group (Viridium), a leading European life insurance consolidation platform, from Cinven. Generali Financial Holdings and Hannover Re remain investors. The consortium is structured to also enable the addition of other long-term financial investors. Through this transaction, Cinven exits from its majority investment in Viridium after more than a decade of developing a highly successful insurance business. 

APRIL International Recognised with Prestigious International Private Medical Insurance Award for Second Year Running

  • Written by: iPMI Global
  • Category: Breaking News

APRIL International has once again secured the award for Best Individual International Health Insurance Provider at the Health & Protection Awards 2024, marking its second consecutive win in this highly competitive category. In addition to this accolade, it was also commended in the Best Group International Health Insurance Provider category, further solidifying its reputation in the international private medical insurance (IPMI) market.

Covid-19 May Lead to Longest Period of Peacetime Excess Mortality, Says New Swiss Re Report

  • Written by: iPMI Global
  • Category: Breaking News

Four years after the peak of the COVID-19 pandemic, many countries are still reporting elevated all-cause excess mortality compared with pre-pandemic levels. According to Swiss Re Institute's report The future of excess mortality after COVID-19, if the ongoing impact of the disease is not curtailed, excess mortality rates in the general population may remain up to 3% higher than pre-pandemic levels in the US and 2.5% in the UK by 2033.

CarePay Secures €10M in Fresh Funding to Drive International Expansion and Innovation

  • Written by: iPMI Global
  • Category: Breaking News

CarePay International, a leading innovator in next-generation health insurance platforms, has successfully raised €10 million in fresh funding from Reinsurance Group of America (RGA) and the Health Insurance Fund (HIF), a fund supported by the Ministry of Foreign Affairs of the Netherlands. This crucial investment will accelerate the company's international expansion and innovation.

Dubai Welcomed More Than 691,000 International Medical Tourists in 2023

  • Written by: iPMI Global
  • Category: Breaking News

A recent report by the Dubai Health Authority (DHA) has highlighted remarkable growth in the health tourism sector in Dubai in 2023. This upsurge is evident in the increased number of tourists seeking medical treatment in Dubai and their significant spending on a range of healthcare services.

AM Best Withdraws Credit Ratings of Accuro Health Insurance Society Limited Following Transfer of Accuro’s Health Insurance Portfolio to Unimed

  • Written by: iPMI Global
  • Category: Breaking News

AM Best has withdrawn the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb" (Fair) of Accuro Health Insurance Society Limited (Accuro) (New Zealand) as the company no longer operates as an insurance company. At the time of the withdrawal, these Credit Ratings (ratings) were under review with developing implications.

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Welcome To iPMI Global

iPMI Global is the leading business intelligence provider for international private medical, health, travel and expatriate insurance markets worldwide. Due to the nomadic nature of the international private medical insurance (IPMI) market, iPMI Global is an internet based news service for worldwide insurance and medical assistance professionals who need to understand the impacts of insurance and healthcare policy, regulatory, and legislative developments.

Senior level business executives, in over 120 countries, rely on iPMI Global to stay 1 step ahead of the risk and on the inside track of international PMI.

Covering business travellers, high net worth individuals, expatriate and leisure travel markets, iPMI Global is the only international news source covering the most exciting sector of international health insurance: international private medical insurance.

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