By Sriparna Roy and Bhanvi Satija (Reuters) – Americans are catching up on healthcare missed during the COVID-19 pandemic, a trend driven by heart procedures and outpatient orthopedic surgeries that …
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(Reuters) – Chubb Limited reported a surge in fourth-quarter adjusted profit on Tuesday, helped by stronger underwriting and investment incomes, sending U.S.-listed shares of the insurer up 2.8% in after-market …
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By Khushi Mandowara (Reuters) -U.S. health insurer Centene Corp on Tuesday raised its 2024 adjusted profit forecast, bringing it broadly in line with Wall Street expectations, mainly due to higher …
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(Reuters) – Canada’s Sun Life Financial on Monday named its Chief Financial Officer Manjit Singh as the president of its Asia business. Singh, who joined the company as CFO in …
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(Reuters) -A unit of insurer Prosperity Life Group has agreed to buy National Western Life Group in a deal valued at $1.9 billion, the companies said on Monday, sending shares …
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By Nate Raymond BOSTON (Reuters) – Harvard University on Wednesday lost a bid for an insurer to cover up to $15 million of the costs of defending itself in a …
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(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment spread and more favorable underwriting. …
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(Reuters) – Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment partially offset higher investment income. Profits at insurers …
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By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK (Reuters) – Accelerant is planning to raise fresh capital next year in a deal that could result in the …
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Major Foreign Insurer Cuts Coverage For ‘Gender-Affirming’ Doctors, Citing Lawsuits Over Transition Regret Laurel Duggan on June 1, 2023 MDA National, a major medical indemnity insurance provider in Australia, will …
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By Jaiveer Shekhawat (Reuters) – SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a source familiar with the matter told Reuters. …
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(Reuters) – American International Group Inc beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns. AIG, one of the …
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Insurer Forcing Oil And Gas Companies To Curb Emissions Following Green Activist Pressure John Hugh DeMastri on March 22, 2023 Chubb, a major insurance company, announced Wednesday that it will …
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PARIS (Reuters) – French insurer AXA had a “limited exposure” of about 0.6 billion euros ($639.5 million) to Swiss bank Credit Suisse, it said on Monday. “AXA has no exposure …
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PARIS (Reuters) – French insurer AXA has a relatively small corporate bond exposure to Silicon Valley Bank, group Deputy CEO Frederic de Courtois told a Morgan Stanley investor conference this …
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(Reuters) – U.S. insurer American International Group reported a near 24% fall in fourth-quarter profit on Wednesday, hurt by losses tied to a winter storm that hit parts of North …
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(Reuters) – Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings citing challenging capital markets environment, sending its shares falling more than 5%. The group’s profit before …
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By Pablo Mayo Cerqueiro and Toby Sterling LONDON/AMSTERDAM(Reuters) – Dutch insurer ASR will consider a sale of its banking arm after completing its acquisition of rival Aegon’s domestic operations, a …
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(Reuters) – A unit of Canadian insurer Sun Life Financial Inc has partnered with Hong Kong-based Dah Sing Bank in a deal valued at nearly C$260 million ($193 million), the …
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(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than $1 billion and losses from …
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(Reuters) – Asia-focussed insurer AIA Group Ltd reported a 1% rise in quarterly new business value on Tuesday as sales recovered from pandemic lows in its main markets of China …
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(Reuters) – Florida-based Universal Insurance Holdings Inc on Tuesday forecast a gross loss of nearly $1 billion from Hurricane Ian, some of which will be covered by its reinsurance program. …
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CHICAGO — A suburban Chicago doctor who specialized in removing moles to screen for cancer was charged today in federal court with submitting fraudulent claims for reimbursement to Medicare and …
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By Jessica DiNapoli DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning …
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(Reuters) – Property and casualty insurer Travelers Companies Inc reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from …