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Nippon Life, other Japan life insurers join $375 mln Bunge loan
2014-12-19 17:38:14| Agriculture - Topix.net
Japan's three largest life insurers, including Nippon Life Insurance Co, have joined more than a dozen Japanese lenders in a $375 million syndicated loan to U.S. trade house Bunge Ltd, the lenders said on Friday. The deal highlights a growing appetite for overseas lending deals among Japanese insurers as they face ultra-low yields at home.
After year of Obamacare, health insurers' profits rise
2014-11-02 00:53:41| Beverages - Topix.net
Wellpoint, one of the nation's biggest insurers, reported higher profits than expected last week, along with Aetna and UnitedHealth. The nation's biggest health insurers entered last fall cautious about a major coverage expansion initiated by the health care overhaul, the federal law that aims to cover millions of uninsured people.
Tags: year
health
rise
profits
Insurers May Cover Costly Hepatitis C Drugs Only For The Very Ill
2014-10-29 02:01:08| Biotech - Topix.net
Gilead's once-a-day pill for hepatitis C is the latest expensive and effective treatment that insurers say is a business challenge. In the past year, hepatitis C drugs that promise higher cure rates and fewer side effects have given fresh hope to millions who are living with the chronic liver disease.
India insurers to spend INR 4.2bln on mobile devices in 2015
2014-10-14 23:22:00| Telecompaper Headlines
(Telecompaper) The Indian insurance market will be the third fastest growth market for ICT after retail and banking in 2015, according to Gartner. With an expected growth rate of 9.4 percent, insurance companies are on pace to spend INR 118.9 billion on IT products and services in 2014. Spending is forecast to increase to INR 130 billion in 2015.
Tags: mobile
india
spend
devices
New Jersey Transit Sues Insurers Over Sandy Losses, Seeks $300M
2014-10-09 09:20:58| Railroads - Topix.net
New Jersey Transit, the nation's third-largest bus, rail and light rail transportation provider, is suing several excess insurers to recoup additional $300 million for Sandy losses. NJ Transit says its Sandy-related losses fall under the "Named Windstorm" peril in NJ Transit's comprehensive insurance coverage which provides up to $400 million in damage with no sublimit.
Tags: jersey
losses
seeks
transit
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