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...High spending on customer acquisition has been a concern for investors in Lemonade and other insurance start-ups....
...“We don’t believe we fully understand the risks associated with these offshore insurance companies,” said Natalie Winterfrost, a professional trustee and former chair of the investment committee at The Society...
...But he said the insurer needed to “be there” for its customers, stressing its responsibility to act as a shock absorber for society....
Western take on much-loved Chinese bestseller hits wrong notes for state media and broader audience
...“Society is at a point of peak illness and peak wellness,” said Caroline Howe, chief executive of Ogilvy Health....
...Reinsurers “need to feel that it is not just about selling insurance and making a profit. It’s about responsibility as part of society”, Hielkema said....
...According to filings with insurance regulators reviewed by the Financial Times, the unit ultimately bears much of the risk that individual Berkshire insurance subsidiaries take....
...The Federal Deposit Insurance Corporation has a “misogynistic” and “insular” workplace whose chair may not be well suited to lead needed reforms, says a new report commissioned over complaints about widespread...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...With the season ending up a mild one, the decision helped propel the insurance business to one of the best underwriting profits in its history....
...(Do this thought experiment: picture a conglomerate controlling the same empire of companies as Berkshire, including in notably unpopular industries such as energy, insurance and banking; can you imagine...
...“The insurance industry has a problem in that region for the foreseeable future.”...
...The original, Exit Inc, has been followed by Yametara Iinen (It’s OK to quit), Yamerun desu (Let’s quit), Saraba (Adieu) and various others. Momuri, with its signature duck, has gone even further....
...Berkshire reported solid earnings in the first quarter, driven almost entirely by improvements in its insurance businesses as well as a boost from higher interest rates....
...Vice-chair Ajit Jain, who runs the insurance operations, only joined for the first part of the day....
...“Health insurance is not my top priority.”...
...Surging UK insurance premiums for electric vehicles pose a risk to their widespread adoption, analysts have warned....
...please do read my past two columns, one looking at the uncomfortable tension between post-neoliberal fiscal policy and highly neoliberal financial markets, and a more personal tale about my recent home insurance...
...Women can have the procedure up until the 14th week of pregnancy with costs covered by national health insurance....
...In recent years, its performance has been blighted by higher than expected compensation payouts linked to mis-sold payment protection insurance....
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...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 giant, according to people familiar with the matter....
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