Hong Kong gearing up to become a hub for ILS such as catastrophe bonds: IA
But what is more important is for the city to create an ecosystem, said Clement Cheung Wan-ching, the IA’s CEO. As an international financial centre, Hong Kong has shown the potential to become a hub for global insurers and supranational organisations issuing insurance-linked securities (ILS),…#ia #hongkong #worldbank #insuranceauthority #swissre #munichre #cheung #iascheung #greaterbayarea #gba (Source: Reuters: Health)
Source: Reuters: Health - April 15, 2024 Category: Consumer Health News Source Type: news

BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas
(Source: Reuters: Health)
Source: Reuters: Health - April 15, 2024 Category: Consumer Health News Source Type: news

BNP Paribas to acquire Fosun ’s around 9% stake in Belgian insurer Ageas
BNP Paribas has signed an agreement with China’s Fosun Group to acquire its around 9% stake in Belgian insurer Ageas for a sum the French bank estimates at 730 million euros ($776.87 million). Ageas and BNP Paribas are long time partners via a joint shareholding in AG Insurance, Belgium’s leading…#paribas #fosungroup #belgian #bnpparibas #aginsurance #belgium #directline #fosuninternational #bnpparibascardif (Source: Reuters: Health)
Source: Reuters: Health - April 14, 2024 Category: Consumer Health News Source Type: news

Why big Medicare Advantage insurers may root for Biden to lose in 2024
Insurance giants have a bigger stake in this year’s presidential election after recent moves by the Biden administration cut into the profitability of Medicare Advantage plans. In the last week, the Centers for Medicare and Medicaid Services (CMS) delivered consecutive blows to the industry that…#medicareadvantage #centersformedicare #medicaidservices #cms #medicare #leerinkpartners #yahoofinance #mayo #humana #unitedhealthcareunh (Source: Reuters: Health)
Source: Reuters: Health - April 12, 2024 Category: Consumer Health News Source Type: news

Business Insider reporter Livingston is departing
Shelby Livingston, who has covered health care at Business Insider for the past three-and-a-half years, is leaving for a new opportunity. She has been covering health insurers and health care providers, as well as digital-health startups seeking to transform the industry. Livingston had previously…#shelbylivingston #modernhealthcare #businessinsurance #michiganavenue #clemsonuniversity (Source: Reuters: Health)
Source: Reuters: Health - April 11, 2024 Category: Consumer Health News Source Type: news

One Calif. home insurance company won't be renewing 30K policies
(Source: Reuters: Health)
Source: Reuters: Health - April 10, 2024 Category: Consumer Health News Source Type: news

Wall Street Banks Regaining Share of Financing Deals
Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit. The broadly syndicated loan market dominated by banks refinanced almost $12 billion of debt previously from direct lenders in the…#wsj #federalreserve #macro #richarddiamond #citi (Source: Reuters: Health)
Source: Reuters: Health - April 10, 2024 Category: Consumer Health News Source Type: news

Florida Blue names new market president for West Florida division
David Pizzo, who was the insurer's division president for nearly 17 years, died in February. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - April 9, 2024 Category: Biotechnology Authors: Ashley Gurbal Kritzer Source Type: news

Eight Triad OB/GYN practices come back in network with Cigna after dispute with UWH of the Carolinas
Have Cigna insurance and need a new OB/GYN? Try one of these eight Triad practices and their more than 70 providers that have come back into network with the insurer. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - April 9, 2024 Category: Biotechnology Authors: Lillian Johnson Source Type: news

Insurers accused of using ‘excessive excesses’ to disguise car cover costs
Motorists on the hunt for more affordable car insurance are being warned to watch out for a marketing trick that makes deals look cheaper than they are. With the cost of cover having soared over the last year or so, insurers have been accused of charging excessive excesses in a bid to propel their…#defaqto #henrypryor #hertfordshire #rangerover #samrichardson #tombanks #confusedcom #rangeroverevoque #annamarieduthie (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

Insurers Reap Hidden Fees by Slashing Payments. You May Get the Bill
You have a preview view of this article while we are checking your access. When we have confirmed access, the full will load. Insurers Reap Hidden Fees by Slashing Payments. You May Get the Bill. A little-known data firm helps health insurers make more when less of an out-of-network claim gets…#multiplan #joséaalvaradojr #gaillawson #ridgewood #sidneyrabinowitz #unitedhealthcare #bryananselm #itemized #cigna #times (Source: Reuters: Health)
Source: Reuters: Health - April 7, 2024 Category: Consumer Health News Source Type: news

Health Insurers ’ Lucrative Alliance That Drives Up Patient Bills: 5 Takeaways
A private-equity-backed firm has helped drive down payments to medical providers, drive up patients ’ bills and earn billions for insurers. (Source: NYT Health)
Source: NYT Health - April 7, 2024 Category: Consumer Health News Authors: Chris Hamby Tags: Health Insurance and Managed Care Prices (Fares, Fees and Rates) MultiPlan Inc Source Type: news

Insurance Companies Reap Hidden Fees as Patients Get Unexpected Bills
A little-known data firm helps health insurers make more when less of an out-of-network claim gets paid. Patients can be on the hook for the difference. (Source: NYT Health)
Source: NYT Health - April 7, 2024 Category: Consumer Health News Authors: Chris Hamby Tags: Health Insurance and Managed Care Prices (Fares, Fees and Rates) MultiPlan Inc Price Gouging FAIR Health Inc Aetna Inc CIGNA Corporation UnitedHealth Group Inc Source Type: news

In Battle Over Health Care Costs, Private Equity Plays Both Sides
As medical practices owned by private equity firms fuel overbilling, a payment tool also backed by such investors helps insurers boost their profits. (Source: NYT Health)
Source: NYT Health - April 7, 2024 Category: Consumer Health News Authors: Chris Hamby Tags: Health Insurance and Managed Care Private Equity Prices (Fares, Fees and Rates) MultiPlan Inc Data iSight Source Type: news

Insurance Companies Are Dumping Customers In Droves And That ’s Bullish
(Source: Reuters: Health)
Source: Reuters: Health - April 7, 2024 Category: Consumer Health News Source Type: news