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carterhancock

How to Transfer Your Insurance in Wheels - 1 views

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    Buying a new car nowadays is a necessity although a lot of luxury cars have existed. It can also be very exciting to buy your wheels, ride it, feel it and flaunt it. After all, people have a different impression on you when you own new things. Owning a car has its own responsibilities though. Insuring your car in case of unexpected turn of events can be a very good bargain albeit tedious. It is good to know that insurance companies like Axis Capital Holdings, a group of (re)insurance companies with branches all over the world, make it easier to handle our car insurances through insurance transfer. Before you shake your dealer's hand, you need to think about your insurance and how buying a new car could affect your premiums. Take extra precautions and put the warning at heart before you regret it in the end. BEFORE BUYING When browsing new cars that might interest you, make sure to list their registration numbers so you can get quotes in insuring them. It might turn out worse when you have already found your dream car then realized you have to pay more than what it cost for its coverage. Call your insurer and tell them that you are planning to purchase a new car. They may ask you of the registration number to check the pricelist, ask you a few more questions and see if you can afford the new cover or if your circumstance is still the same or have stepped up. If they see that the new car is more valuable than your old one, then the cost of your insurance may rise. There may also be an additional administration fee to transfer the insurance to the new car. If you have initially paid the insurance outright, you can choose to pay the sum in one go or spread the cost over the remaining term for the cover. If you pay for your car insurance in monthly installments, you have the option of adding the sum to your policy and spreading the cost over the remainder of the policy. The administration fees for changing the vehicle on your policy shoul
carterhancock

Universal healthcare comes to Indonesia, cover-ups not an issue - 1 views

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    In Indonesia, the government has presented a new universal healthcare scheme called Jaminan Kesehatan Nasional (JKN). The scheme includes health insurance will be comprehensive to the whole population by 2019. About 35% of Indonesia's 240 million people are categorized as poor and approximately USD 1.6 billion has been allotted to cover premiums for the poor, however an additional 30% of people are covered by certain form of regional or national health programme which automatically enables them to care. Speaking to the news agency IRIN, one surgeon working at a hospital in the capital, Jakarta, hailed the new scheme as a "great programme" since "people will no longer be denied treatment because they don't have money". That led to some hocus-pocus of some scam insurance. Axis Capital, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is at one with the universal healthcare for Indonesia. Healthcare overheads nonetheless, the World Bank has warning that in order to cover all individuals in poverty or near poverty, the national insurance scheme will sooner or later necessitate the country to twofold its spending on health. Indonesian health workers are certainly alarmed that the new scheme could have an influence on the quality of provision. Up to now, reports puts forward some hospitals have obtained limited information concerning the details of the new scheme. There are also worries regarding whether the present healthcare system will be able to meet demand. More than 1,700 state and private hospitals are contributing in JKN, with a further 9,000 state-funded community clinics serving as the initial point of primary care.
carterhancock

5 tips for new parents considering life insurance - 1 views

Few personal milestones compel someone to buy life insurance coverage like becoming a parent. In the event of an untimely death, life insurance can serve as a financial safety net to ensure there&r...

5 tips for new parents considering life insurance axis capital group

started by carterhancock on 02 Jun 14 no follow-up yet
carterhancock

Insurance for Expats - 2 views

Have you had any offers abroad or are you planning to try looking for open opportunities in another country? Have you chosen a country where you feel you can be lucky at? If yes, then that's goo...

Insurance for Expats Axis capital group

started by carterhancock on 19 May 15 no follow-up yet
carterhancock

Data Controls and Metrics in Asia Pacific - 1 views

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    Developed countries from the West are not the only ones who are upgrading their systems against insurance theft. With the widespread of technology and the integration of new knowledge and computer geniuses, even those living in the suburbs of Africa now has their own system to secure their data and confidential information. Axis Capital, with group of insurance and reinsurance companies in Bermuda, Australia, United Kingdom, Singapore and in over ten states in the US, is one of the many companies reported to first integrate a more tighter security system in the start of 2015 in the Asia-Pacific. Data theft and fraud are fast becoming key issues for regulators and law enforcement across Asia-Pacific, as elsewhere. Insurers are paying close attention to the new data privacy rules being drafted in response to the increased risks. According to reviews, regional and global insurers with operations in the Asia Pacific region also are grappling with the issue of data sovereignty - which can be transmitted among jurisdictions - as the data privacy regulations vary across the region. More stringent data protection rules in Australia and Singapore also may create questions about the identity of countries in which insurers store their data. A subpoena issued by a government to an insurer to provide certain data requires knowledge of where it has been physically stored. Insurers also will need to identify new metrics and processes to monitor data security and compliance. Many insurers in the region will continue to enhance their data controls in the latter part of 2015, prompted primarily by new and stricter regulations. Asia-Pacific insurers must pay closer attention to the changing cyber security laws and focus more stringently on data security, network crime legislation and law enforcement. Singapore's Personal Data Protection Act, for example, includes rules on the collection, use, disclosure and care of personal data. The law establishes penalt
craigbrookes

Healthy Indonesia Cards might incorporate JKN insurance program: Indonesians has no com... - 1 views

Observers have said President-elect Joko "Jokowi" Widodo may rename the existing national health insurance (JKN) program the Healthy Indonesia Card (KIS) program, as both health programs share a si...

Healthy Indonesia Cards might incorporate JKN insurance program: Indonesians has no complaints about it

started by craigbrookes on 05 Sep 14 no follow-up yet
carterhancock

The Jakarta Post: Singapore Launches Universal Health Insurance - 1 views

Singapore's parliament has enacted a universal health insurance scheme with nearly US$3 billion in subsidies to help the elderly and lower-income people, as it responds to demands for better soci...

The Jakarta Post: Singapore Launches Universal Health Insurance

started by carterhancock on 04 Feb 15 no follow-up yet
carterhancock

AXIS Capital Announces Management Transitions - 1 views

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    AXIS Capital Announces Management Transitions /Accident & Health Axis Capital Group Hartford Jakarta Indonesia Kansas Houston PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital" or "the Company") (NYSE:AXS) announced today that John ("Jack") Gressier, currently the Chief Executive Officer of AXIS Insurance, will become AXIS Capital's new Chief Operating Officer effective April 1, 2014. Mr. Gressier will assume the responsibilities of retiring Chief Operating Officer Dennis Reding. In his new role, Mr. Gressier will oversee the Company's global insurance operations, including broker relationships and distribution management, reinsurance purchasing and corporate risk protection activities. In addition, he will also have responsibility for the Company's growing Accident & Health business, which provides accident, specialty health and travel-related insurance and reinsurance solutions on a worldwide basis. Mr. Gressier will continue to be based in London and report to Albert Benchimol, President and Chief Executive Officer of AXIS Capital. Mr. Reding, who has served as AXIS Capital's Chief Operating Officer since 2007, has been named Senior Advisor to the Company and will continue as a member of AXIS Capital's Executive Committee. Peter Wilson, currently President of U.S. Insurance at AXIS Insurance, will succeed Mr. Gressier as Chief Executive Officer of AXIS Insurance, with overall responsibility for the general management and business results of AXIS Capital's global property and casualty insurance operations. Mr. Wilson will continue to be based in New York and will report to Mr. Gressier. Commenting on the appointments, Albert Benchimol, President and CEO of AXIS Capital, remarked, "Having worked closely with Jack for several years, I have developed tremendous confidence in his management prowess, leadership skills and und
carterhancock

6 Million Legal Immigrants May Get Health Coverage via New Law - 2 views

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    The Affordable Care Act (ACA) does not increase access to health insurance for undocumented immigrants however may lead for many legal immigrants who have concern earning this crucial coverage, completes a report released by the George Washington University School of Public Health and Health Services (SPHHS). The report summaries the breaks in addition to the duties that the federal health reform law will transport to legally present immigrants, people who have gotten green cards or visas permitting them to work, live and study in the United States. AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, has in full support with Affordable Care Act. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) "Most people do not realize that legal immigrants currently face many obstacles to obtaining health insurance," said Leighton Ku, PhD, MPH the author of the new report and director of the Center for Health Policy Research at SPHHS. "Such immigrants are three times as likely to be uninsured as those born in the United States." Without health coverage, they - like other uninsured Americans - often delay or never get potentially life-saving health care, he said.
carterhancock

Study finds: Coffee drinkers pay more for life insurance - 1 views

Warning this is a bad news coffee drinkers. Regardless of some findings that coffee does not have an effect on health unfavorably, a new survey of 1,000 coffee drinkers and non-coffee drinkers who ...

Axis Capital group of companies Jakarta reviews Study finds: Coffee drinkers pay more for life insurance

started by carterhancock on 06 Nov 14 no follow-up yet
carterhancock

Axis Capital Group, PartnerRe merger creates fifth-largest global reinsurer - 1 views

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    The $11 billion merger of Bermuda-based PartnerRe Ltd. and Axis Capital Holdings Ltd. accelerates the trend of offshore reinsurers combining to remain competitive. The stock-swap deal announced Jan. 25 is the third in as many months in a sector hit by pricing pressure from an ongoing influx of private equity capital and strong competition among traditional reinsurers. The combination will create the fifth-largest reinsurer in the world. PartnerRe shareholders will own 51.6% of the combined company, for which a name has not yet been chosen, and Axis shareholders will own 48.4%. This mega-deal is expected to close in the second half of this year. The transaction follows Dublin-based XL Group P.L.C.'s Jan. 9 proposed acquisition of Bermuda-based Catlin Group Ltd. in a $4.1 billion deal and Bermuda-based RenaissanceRe Holdings Ltd.'s Nov. 24, 2014, acquisition of Bermuda-based Platinum underwriters Holdings Ltd. in a $1.9 billion deal. "I think it is absolutely a trend and I think, ultimately, it's all driven by the same factors," said Cliff Gallant, San Francisco-based analyst at Nomura Securities Co. Ltd. "There is a lot of pressure in reinsurance; prices are coming down and the product is changing. I expect that the wave is building and that we'll definitely see more M&A activity." Meyer Shields, managing director at Keefe, Bruyette & Woods Inc. in Baltimore, said: "This is a trend, it is accelerating and I don't think we're anywhere near done with this sort of announcement." "After a relative calm of several years, it seems the floodgates have opened for consolidation in Bermuda," Amit Kumar, New York-based vice president and senior analyst of insurance at Macquarie Capital (USA) Inc., wrote in an analyst note that also cited the RenRe/Platinum and XL/Catlin deals. Axis Capital CEO Albert Benchimol, who will head the combined entity, said in an interview: "I feel very confident that with the increased scale of the organ
carterhancock

Insurance Policy on Gun Ownership - 1 views

When car insurance was forced to car owners, the number of car accidents decreased slowly through the years. Many concerned citizens are also aski ng for imposed insurance for the ownership of ars...

Axis Capital Group Reinsurance Jakarta Hong Kong Insurance Policy on Gun Ownership

started by carterhancock on 18 Jun 15 no follow-up yet
carterhancock

Identity Theft in Insurance - 1 views

In the development of today's technology people are more aware of the existence of fraudulent acts, hacks and scams especially in the cyber world. In the vastness of the internet, someone out there...

identity theft in insurance Axis Capital Group company Jakarta Hong Kong

started by carterhancock on 30 Jun 15 no follow-up yet
carterhancock

AXIS Insurance - Specialty Insurance Axis Capital Group Singapore Jakarta Indonesia Ber... - 2 views

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    - where world-class coverage and capital strength intersect. We are ready to help you with a broad portfolio of distinctive specialty products that address the challenges of today's world. AXIS Insurance provides Property & Casualty, Professional Lines, Terrorism, Marine, Energy, Aviation, Credit & Political Risk, Environmental, Surety, Accident & Health coverages and other customized insurance solutions. Our products are offered through our distribution partners, which include wholesale brokers, retail brokers and designated managing general agents/underwriters (MGAs/MGUs) in the U.S. and abroad. Coverages are backed by the financial strength and security of the AXIS insurance companies, rated "A+" (Strong) by Standard & Poor's and "A+" (Superior) XV by A.M. Best. With operations across the globe, AXIS Insurance is your connection to expert underwriting, outstanding service and skilled claims management.
annethstom

Axis Capital Holdings Limited To Go Ex-Dividend on June 26th (AXS) - 1 views

Axis Capital Holdings Limited (NYSE:AXS) declared a quarterly dividend on Thursday, May 8th, American Banking News.com reports. Shareholders of record on Monday, June 30th will be given a dividend ...

Axis Capital Group Holdings Limited

started by annethstom on 27 Jun 14 no follow-up yet
carterhancock

Axis Capital, Bermuda: Health Insurance Portability - 1 views

Axis Capital, a group of companies that serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin A...

Axis Capital Bermuda Health Insurance Portability Group Tips to avoid fraud Malaysia Jakarta Region

started by carterhancock on 19 Aug 14 no follow-up yet
carterhancock

Are You Over or Under Insured? - 1 views

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    Jakarta, Indonesia - Choosing the right insurance coverage isn't easy. If you are under-insured, you could be left with unpaid claims. Sometimes, it doesn't make sense to insure the contents of your home for much less than they are worth, you could be paying for more coverage types than you need. The key is in knowing what's covered and what's not. Account for any recent remodels and look to see if your current coverage keeps pace with inflation.Axis Capital, a group of insurers and reinsurers with the main location in Bermuda and with international branch in UK, US, Singapore and Australia has listed some steps for you to know if you are under or over insured. What you need is coverage that's just right. Here's how to get it, and it shouldn't take more than 4 or 5 hours of your time spent reviewing your homeowner's insurance policy, talking to your agent, and doing a little research. Step 1 Pull out your policy before the annual renewal date. Check for coverage limits, exclusions and restrictions. Always remember that all homeowners insurance isn't created equal. That's why it pays to review your coverage every year to ensure your policy meets your evolving needs. Begin by understanding the types of coverage available. Step 2 Estimate the value of your home's contents. Unless you do a complete inventory of your household furnishings and personal possessions, the things you own could be worth a lot more than you think. Replacement cost coverage is more expensive but usually insures your personal property for what it costs to buy new. Step 3 If you have recently remodeled your house, you should increase your coverage. It is a general rule of thumb to increase coverage once you have completely remodeled project that cost more than at least 5% of
carterhancock

Axis Capital, Bermuda: Health Insurance False Promises to Indonesians created many comp... - 2 views

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    Up till now for all the numerous healthcare schemes that have begun at district and provincial levels, the general image is one of failing health pointers and facilities through the country. A 2008 World Health Organization report found that decentralization has ran to the erosion of a once incorporated health system, extremely discouragement the worth of disease surveillance and public health programs. Diseases like polio and leprosy, once under control, are resurfacing and the districts are not capable to attend to these or other complicated diseases like avian influenza. AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance that serves a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is in one of the Indonesians who are given false promises. There are many complaints. Health experts are doubtful of local programs that are presented by district officials with slight knowledge or experience in the health sector. The occurrence that many plots are intended chiefly to entice votes frequently means that they do not match the community's complex health requirements. And some regions are stressed to handle the costs. In East Java, where the government once agitated for regional administrations' right to implement local programs, healthcare services are overwhelmed and underfunded. In 2010, the program was seriously in debt, with a budget distribution of just Rp50 billion (a little over $US 5 million) and costs count Rp112 billion. This type of blow-out is not unusual. Frequently it occurs for the reason that the poor health infrastructure may not be able to deal with the unexpected spike in demand that comes once services are proposed for free. Sometimes the problem com
zenhunsick3r

Property Insurance Basics - 1 views

AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States has built a global franchise that is well diversified b...

Property Insurance Basics Axis Capital Group

started by zenhunsick3r on 23 Sep 14 no follow-up yet
carterhancock

Buying Your Health Insurance Online - 2 views

Health Insurance has been recognized in the market as one of the necessities in life since you wouldn't know a tragedy or disaster strikes. Even the government has realized its worth that both priv...

Axis Capital Group insurance tips Jakarta Hong Kong

started by carterhancock on 12 Aug 15 no follow-up yet
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