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Health tech businesses thrive post-pandemic even as VC funding drops. Plus: Singapore draws in start-ups; new models of corporate success in Japan; India’s EV expansion
...One in five companies was also looking to introduce occupational health services, he noted....
...Shah’s previous business Health IQ, a life insurance broker that used AI, filed for bankruptcy last year after rising interests hit its ability to meet debt payments....
...In a statement, James Sherwood, general manager for Bupa UK insurance healthcare management, said the company had “carefully considered” how to balance affordability for customers with the doctors’ demands...
...Aviva, one of the largest providers of health insurance in the UK, reported that its “protection and health” premium sales were up 23 per cent in the third quarter of last year compared with the same period...
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare. Premiums from its general insurance division, which includes car insurance, also grew....
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...“Health insurance is not my top priority.”...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...“AI is not perfect; and, in malpractice, you want to sue a human.”...
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...It also risks moral hazard by making insurance for the worst-rated drivers more accessible. Insurance underwriting is far from perfect but younger drivers are indeed riskier on average....
...CVS Health has cut its full-year earnings guidance as its insurance unit faces rising medical costs, following similar warnings from rivals Humana and UnitedHealth last month....
...German weedkiller-to-aspirin conglomerate Bayer is a perfect example....
...But health insurance “doesn’t do what the NHS does . . . It’s a very restrictive model.”...
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
...With a handful of companies expected to go public over the next 18 months, selectivity is key....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Run by partners Craig Troup and Pamela Adamiec, the company has been involved in RHS Chelsea Flower Show every year since....
...There is no perfect answer for how best to align the motivations of management and investors without incentivising too much reckless short-termism on the one hand or conservatism on the other....
...Axa’s health premiums fell 7 per cent in 2023, as two contracts with large corporate clients in France were not renewed, the company said....
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