Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase deployable capital by $900 million.
For example, the ACA developed Small Business Health Options Program ... multiple employers to offer their health insurance as a combined larger group (a strategy coined as “Association Health ...
Employers are offering services from vendors such as HealthJoy, Healthee and Transcarent to help workers navigate ...
“Group Health provides stop-loss insurance to small businesses ... The Individual Health business, with Adjusted Net Income of $18 million for the first nine months of 2024, will either be ...
Sun Life Financial reported a fall in its fourth-quarter profit on Wednesday, hurt by weakness in its group-health protection ...
Verily CEO Stephen Gillett told staff that the company's Granular insurance business is to be acquired by Elevance Health.
Nicolas Burnet will become Group Deputy Chief Financial Officer (CFO) at Sompo Holdings, and CFO for Sompo P&C. He will help oversee the global investment strategy for Sompo in addition to capital ...
Allstate (NYSE:ALL) said Thursday it has agreed to divest of its Group Health business to Nationwide Life Insurance Company for $1.25B in cash, adjusted for the closing balance sheet. The deal comes ...
Christopher Condeluci, director of the Coalition to Protect and Promote Association Health Plans, predicts that properly ...
Sompo Holdings has announced it will restructure its business into two global segments: Sompo Property and Casualty ...
Alphabet's Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health. Verily launched Granular in 2020 ...