BUPA boosted by expat health insurance

Wed, 19 Sep 2007

Leading private medical insurance company BUPA have reported a further leap in profits, this time by 47 per cent. The record climb is thought to have been driven by their recent diversity into the expatriate health insurance business.

The results from BUPA are the first since the private medical group sold off their private hospitals to focus on the other aspects of their business. It is a tactic that appears to have paid off, with medical insurance customers up 3 per cent, particularly in the expatriate sector.

Because BUPA is a provident organisation, the profits are not divided amongst shareholders but are instead paid back into the group. The firm is extremely established, having been in operation since 1947.
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