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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...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...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance company, according to people familiar with the matter....
...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....
...A combined Cigna and Humana would help the companies compete with larger rivals including UnitedHealth Group and Elevance Health....
...As Jefferies analyst David Windley explained to me, Cigna is the cheapest of the big health insurance stocks in part because it has the least exposure to Medicare Advantage — that is, to managing older patients...
...Pharmacy group Walgreens Boots Alliance has appointed a former Cigna executive as its new chief executive, after the group’s former CEO abruptly stepped down last month....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...Earlier this year, US insurance group A-Cap said it would attempt to take back control of assets ceded to 777 Re after the reinsurer had its credit rating downgraded, and US and Bermuda regulators have been...
...The London-listed insurance group said it had not yet set any reserves aside for the “emerging event” but it expected the net loss to be “moderate” due to its own risk-sharing arrangements....
...Nato’s secretary-general is warning the west not to underestimate Russia, Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn, and an audio essay by...
...It’s a good growth business because basically healthcare prices go up and health insurance premiums are, you know, grow with healthcare costs. And Cigna is the cheapest of the group....
...Its last significant deal came in 2022 with the $12bn acquisition of Alleghany, an insurance-to-manufacturing group....
...The price rises have sparked concern among insurance buyers and consumer groups....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Days later, the group voted against Quinn’s re-election at the bank’s annual general meeting, according to people familiar with the situation....
...Tesla fell 1.8 per cent following reports that a group of Nordic pension funds will formally ask the company to respect collective bargaining for its employees in the region, as the electric car maker ’s...
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...Shares in rival health insurers including UnitedHealth, Cigna and Aetna also fell in pre-market trading on Thursday....
...Penny James stepped down as chief just over a year ago after the group scrapped its dividend following a period of rampant inflation in motor claims....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...Built for comfort, not speed is a good slogan for annuities — an insurance product offering retirees steady, long-term income....
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