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The sixth annual ranking of companies in the region with the highest growth. 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
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...But in China, there has been little pushback to companies’ increasing use of them, with courts generally siding with employers due to the existing laws....
...Research is now beginning on the first of these rankings: for employers in the Asia-Pacific region....
...The study found that managing uneven demand was the most common reason employers gave for using flexible working arrangements....
...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...
...I realised that our situations were very similar, and the same thing could soon happen to me,” said Laobai, using his nickname to avoid repercussions from his former employer....
...Employers’ association the CBI has proposed that employee assistance programmes, such as health insurance, be made a fully tax-free benefit, while the CBI and British Chambers of Commerce are calling for...
...Policymakers who see the Chips Act as an insurance policy against geopolitical shocks believe it is already paying dividends....
...In full-year results on Wednesday, the life insurance and asset management group reported a 45 per cent rise in new business profit — a measure of expected earnings from newly sold products — to $3.1bn,...
...Idekoba said employers who used its AI tools had on average an increase of roughly 16 per cent in applications....
...This is the sixth annual ranking of 500 high-growth Asia-Pacific companies, compiled by the Financial Times and Statista, the data company....
...Have rising insurance premiums become a de facto carbon levy for consumers? A Big Read looks at the spiralling cost of insuring against climate disasters....
...Anglo is one of South Africa’s showcase global companies and is one of the country’s largest employers, which makes a break-up a bitter blow to Pretoria during an election year....
...Couples who live in US states that allow workers to claim unemployment insurance when they move for a spouse’s job are 40 per cent more likely to move....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Media and entertainment, banking, insurance and logistics were among the industries most likely to predict job losses....
...Experts predict hundreds of billions of pounds of liabilities will transfer from company balance sheets to insurance companies as part of a multiyear shift that will redraw the UK’s retirement landscape....
...reduction of 2p in national insurance, a move that will benefit 27mn workers, replicating the move made in his Autumn statement....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Employers are not obliged to pay into a pension plan chosen by their workers....
...“Health insurance is not my top priority.”...
...A record 4.4mn are covered through their employer, rather than an individual policy....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
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