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...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...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....
...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...
...The company also pulled its 2025 target of adjusted earnings of $37 a share. Humana warned investors last week that higher costs were becoming a problem....
...Cigna is in talks to merge with Humana for a deal that would create a US health insurance giant with a combined enterprise value of about $140bn, said people briefed on the matter....
...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....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...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...
...Premiums from its general insurance division, which includes car insurance, also grew....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Cigna jumped 16 per cent after the US health insurer abandoned plans to merge with Humana and said it will increase stock repurchases by $10bn. Humana fell 1.3 per cent....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...Bulk annuity sales, as these deals are known, should pick up from around £28bn in 2022 to £80bn by 2027 say pension consultants LCP — good news, you’d think, for insurance companies that specialise in annuities...
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the fourth quarter of 2023, the 25th consecutive quarter of rate increases....
...Shares of defence company Northrop Grumman fell 6.3 per cent after it swung to a surprise loss in the fourth quarter due to a $1.17bn charge related to higher costs for its B-21 strategic bomber that is...
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
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