Hints and tips:
Related Special Reports
...Life insurers, particularly those linked to private equity groups, have pushed deeper into asset-backed securities in pursuit of investments that are a good match for their long-term liabilities but offer...
...Mitsui chief executive Shinichiro Funabiki told the FT last month that the group had decided to focus its growth plans on London, and MS Amlin in particular, because of the city’s “history and expertise”...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...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...
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...“After all, the definition of luxury nowadays is quality of life in every aspect, including what we eat, how we travel, the art and culture we have access to and what we wear.”...
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...UnitedHealth Group’s OptumRx and Cigna’s Express Scripts, the two other large PBMs, have continued to give Humira preferred placement on their formulary lists as AbbVie has offered them bigger rebates....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...Total returns for the group’s shares have underperformed the Stoxx 600 insurance sector by a third over the past three years....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...A combination between Cigna and Humana would help the companies compete with larger rivals such as UnitedHealth Group and Elevance Health, formerly known as Anthem....
...The merger between Cigna and Humana would have helped the insurers compete with larger rivals including UnitedHealth Group, which generated $322bn in revenue last year....
...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....
...The share prices of those with a large Medicare business, notably UnitedHealth Group and Humana, have outperformed their peers....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...— The Japanese Bid for Foreign Bonds After the End of Yield Curve Control (Brad Setser and Alex Etra) — Why do people let their life insurance lapse?...
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...Some policies may include your children but have a condition that they are in full-time education and travelling with you as part of your group trip....
...This could be covered with a life insurance policy for this period only, since a policy for a fixed term is generally cheaper than a whole-of-life policy....
...Embracer Group, the Tomb Raider developer that became Europe’s most valuable video games business after a rapid series of acquisitions, plans to split into three listed companies as it battles to regain...
...Brussels-based Ageas said a deal would strengthen its position in the European market and help it rebalance towards non-life insurance business....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Industry groups contend there is no need to change the current system....
...Corporate results: China Life Insurance, Japan’s Hitachi, Indian software group HCL Technologies and Maruti Suzuki report quarterly results....
International Edition