Anthem Inc. said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal – the biggest ever in the health insurance industry – comes three weeks …
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The price of health care has grown more slowly than core consumer prices—what Americans spend on everything except food and energy—over the past five years. It’s the first time that’s happened since record-keeping started in 1959. That’s a remarkable break from decades of health-care prices …
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Aon announced that Qin Lu has joined the group as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China, to take effect later this year. The bulletin said the new appointment would “help to align Aon’s retail and …
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Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior. MyDrive Solutions, which was founded in 2010, specializes in identifying innovative and tailor-made products for customers as well …
The article Generali Acquires MyDrive Solutions, a UK Car Insurance Data Analysis Firm appeared first on Insurance Journal.
Bermuda-based Mt. Logan Re Ltd.* has appointed Chris Caponigro as head of business development. Caponigro brings a diverse background with over 20 years of experience, which includes property, specialty, and structured underwriting, in addition to various financial and analytical roles. …
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DUAL, the underwriting arm of the Hyperion Insurance Group, announced it has acquired Oliva Underwriting, the UK-based MGA specializing in property & casualty, contractor trades and marine insurance. The acquisition forms a core part of DUAL’s UK commercial strategy, and will allow it …
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ACE Group has created a new regional head of claims role for the Eurasia and Africa region and has promoted Stephen Crabb, currently political risk and energy claims manager for ACE European Group, to the position. ACE said the appointment …
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