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...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....
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...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....
...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....
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...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...
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
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...So they are an insurance company for insurance companies. They do have a primary property casualty insurance unit, but mostly they’re reinsurance....
...But medtech remains one of the biggest growth segments within life sciences in the UK....
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...One thing to start: 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...
...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....
...Prudential’s chief executive said the life insurer was “starting to see the momentum coming back” in mainland China, after sales in its joint venture fell nearly 40 per cent amid concerns over the health...
...Without insurance coverage, they typically cost about $1,300 per month in the US, making them inaccessible for many....
...Four out of five senior risk professionals fear burnout is likely to be a key problem for their company in 2024, according to a report by consultancy International SOS....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...In the US, more than 90 per cent of sales are completely or partially covered by health insurance, the company said....
...With the NHS and a strong life sciences sector, the UK could become a global vaccine superpower....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...The Quetelet Index also appealed to 20th-century actuaries, who sought to quantify the link between corpulence and early death for insurance companies....
...Anyway, on a separate issue, you’ve got to tell your Abrdn CEO to stop using words like futurist to describe himself or his strategy for the company....
...He was named to the Time Inc board in 1988 and took a lead role in its $14bn deal to acquire Warner Communications, uniting the magazine company founded by Henry Luce with the film studio once led by Jack...
...Other water companies have high gearing too, built up in the decades since their 1989 privatisations....
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