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...In a statement, James Sherwood, general manager for Bupa UK insurance healthcare management, said the company had “carefully considered” how to balance affordability for customers with the doctors’ demands...
...“Part of this strategy has included a portfolio review and the decision to divest assets that fall outside this core focus in the United States and ex-United States,” the company said....
...Oaktree, the credit investor co-founded by Howard Marks and Bruce Karsh, has been on a fundraising push as it looks to compete with larger rivals....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...Government officials and healthcare analysts have attributed the jump in cancellations, which followed years of growth, to rising premiums and co-payments, limited coverage and declining household incomes...
...In the US, more than 90 per cent of sales are completely or partially covered by health insurance, the company said....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Long-term risks, notes PitchBook healthcare analyst Aaron DeGagne, include heavyweights muscling in....
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...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...Permira, the private equity investor, has hired Jon Serbousek as a senior adviser to its global healthcare team....
...He fought Republican efforts to gut funding for Medicare, the US government health insurance programme for seniors, and argued to expand healthcare access under the plan known as Medicare for All....
...Without insurance coverage, they typically cost about $1,300 per month in the US, making them inaccessible for many....
...Domaine Chandon, Opus One and Dominus are long-standing Napa wineries with French owners or co-owners, respectively Moët-Hennessy, Baron Philippe de Rothschild and Christian Moueix....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...It has built up a large pharmacy benefit management business and a leading health insurance division via acquisitions. Wentworth used to run pharmacy benefit manager (PBM) Express Scripts....
...“Fishing is suitable for [relaxing in] virtual reality,” says Mark Choi, DUG’s chief executive and co-founder....
...“Our underlying business comes from the region but many people come here for top healthcare,” says Wai Mun Lim, co-founder....
...But the FT reported that months earlier, Merck, a German healthcare and life sciences group, had proposed buying a majority stake in the Japanese company....
...Citigroup has hired Scott Bardo as a senior healthcare banker based in London. He was previously co-head of healthcare investment banking for Emea at Credit Suisse....
...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...Just last week, we brought you the tale of the co-head drama inside the bank....
...She was replaced by healthcare industry veteran Tim Wentworth....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
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