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Insurer Aetna to buy Humana in $35B deal
2015-07-03 15:48:19| Beverages - Topix.net
Aetna will spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul. The proposed cash-and-stock deal, announced early Friday, would make Aetna a sizeable player in the rapidly growing Medicare Advantage business, which offers privately run versions of the federally funded health care program for the elderly and some people with disabilities.
Insurer attacked for Facebook tie-up
2015-06-30 01:33:51| BBC News | Business | UK Edition
A health insurer is criticised for advising members to use a Facebook-owned activity tracker without making the social network's involvement more clear.
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Major insurer explores risks using insurance to reduce climate shocks global food supplies
2015-06-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: A stress test prepared by Lloyd's of London concluded that a chain reaction of floods, drought and related diseases could cripple the world's food supply, leading to a crisis that could spark further unrest, including the possibility of rioting in major cities, a terrorist attack in the United States and even a Russian invasion. Lloyd's, a major global insurer, outlined the scenario in a report last week. It is seen as an unlikely but possible scenario that could cut across the insurance industry's...
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Insurer UnitedHealth Bumps up Quarterly Dividend 33 Percent
2015-06-03 14:52:04| Beverages - Topix.net
UnitedHealth Group is raising its cash dividend by more than 30 percent once again, as the nation's largest health insurer keeps pace with its rising stock price. The Minneapolis company said Wednesday its board backed a dividend of 50 cents per share to be paid on June 24 to shareholders of record as of June 15. That's an increase of more than 12 cents from the previous payout of 37.5 cents per share.
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France's biggest insurer Axa axes coal investments
2015-05-25 02:21:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: France's largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor. Axa SA Chief Executive Officer Henri de Castries said he's working to sell 500 million euros ($702 million) of coal assets and triple "green investments" to 3 billion euros by 2020. He joined investors in Paris saying companies must act to contain global warming. "There is one thing which is absolutely...
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