Hints and tips:
...US health insurer Centene is selling its chain of GP clinics, as well as the biggest private hospital group in the UK, as it abandons ambitious plans to make inroads into Britain’s healthcare system....
...Despite the headwinds, one US insurer remains bullish on the sector....
...He warned any efforts from Washington to try to “contain” China or to seek the collapse of its ruling Communist party would be “self-isolating”, arguing there was a lack of enthusiasm in other countries...
...It was removed from the S&P 500 ESG index last year after it faced racial discrimination allegations and fears around the safety of self-driving cars....
...Fox Corp reports results....
...You can’t go back to any of those jobs with cognitive dysfunction,” says Diana Berrent, founder of Survivor Corps, a long Covid support group in the US....
...By September, the insurers pulled out. Greensill’s problems began to mount....
...Those with long memories, however, will remember insurer Standard Life listed in 2006 at a market value of $8.3bn....
...Its collapse is at the centre of a financial and political scandal that has engulfed Swiss bankers, Australian insurers and former UK prime minister David Cameron....
...They were also behind a blank-cheque acquisition company that bought the life insurer Fidelity & Guaranty Life for $1.8bn in 2017....
...Wakam, one of France’s oldest insurers, recruited former PartnerRe chief executive, Emmanuel Clarke, as its new chairman. More here....
...The closing of its flagship fund comes just one week after bond insurer Assured Guaranty agreed to buy BlueMountain for $160m....
...Apra wrote to the boards of 36 of Australia’s largest banks, insurers and pension funds in the wake of the CBA inquiry, asking them to identify whether they suffered similar weaknesses....
...Assured Guaranty, a US-based insurer that survived, has recently been ramping up its activity in the UK....
...But if anything, the Starbucks pitch shows Ackman might have just begun to learn the lessons from his self-admitted mistakes....
...Mr Kandarian — the former head of the Pension Benefit Guaranty Corporation, a federal agency that safeguards retirement schemes — said the episode was “especially distressing to me” and “deeply embarrassing...
...It bought Shenandoah in 2012 and later added fellow life insurer SBLI....
...Insurers in Europe are increasingly deciding to restrict their underwriting based on ethical criteria....
...As the year of the dog approaches, internet finance companies have been asked to engage in a seasonal campaign of “self inspection”, another indication of China’s changing regulatory landscape....
...“We want to assess their fit with our culture,” says Daniel Robinson, medical economics manager at Cigna, the health insurer....
...Another manager with a large bonus gap, T Rowe Price with 72.9 per cent, said the disparity was partly due to it being an independent asset manager and not subject to bonus cap restrictions that insurer...
...The school founded by Bork tends to regard new economy oligopoly as a self-correcting problem....
...It will also consider the conduct of banks, insurers, financial services providers and superannuation funds, as well as examining whether regulators are well equipped to identify and address misconduct....
...That has the effect of flattering the banks’ books but shifts the risk of default to insurers such as the state-backed Canada Mortgage and Housing Corporation....
...Now Arch is expanding into the mortgage business with an agreement this month to buy United Guaranty Corp (UGC) from AIG, a $3.4bn deal that will make the Bermuda-based group the biggest private mortgage...
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