Insurance - general
Fifth Obamacare insurance co-op folds up
12 Oct 2015
Mitsui Sumitomo snaps up UK insurer Amlin for $5.3 bn
09 Sep 2015
The acquisition, which is at a 36 per cent premium to Amlin’s closing price on Monday, marks the emergence of Japanese corporates as a major force in global M&As
Life insurers told to streamline pension payments, cut delays
08 Aug 2015
The Insurance Regulatory and Development Authority of India has issued a directive to life insurers to streamline processes to ensure timely payment of pension to policyholders
Health insurers Anthem, Cigna Corp to merge in $54.2-bn deal
25 Jul 2015
The combined company would have over $115 billion in annual revenue
US health insurer Anthem is close to inking a deal to buy Cigna for over $48 bn
23 Jul 2015
The proposed acquisition comes amidst consolidation among health insurers and health care companies in the US in order to cut costs due to President Barrack Obama's changed Affordable Care Act
Allianz consortium preferred bidder for $6.5-bn London super-sewer project
15 Jul 2015
An investor consortium led by German insurance giant Alliaz SE has been named as the preferred bidder for London’s landmark project, Thames Tideway Tunnel
Cigna rejects Anthem’s $47-bn bid over price, antitrust concerns
22 Jun 2015
Anthem, the largest managed healthcare company, had, on Saturday, offered to buy the smaller health insurer in what would be the biggest takeover ever in a US health insurance sector
Future Generali Life fined Rs50 lakh for violation of business norms
13 Jun 2015
Future Generali has been penalised for failure to settle group insurance claims, extension of corporate agency beyond licence expiry, utilising unlicensed entities for procuring business and distributing group company Big Bazar’s vouchers
Tokio Marine Holdings agrees to acquire HCC Insurance Holdings for $7.5 bn
10 Jun 2015
Tokio Marine Holdings Inc today said it will acquire US-based HCC Insurance Holdings Inc for $7.5 billion, in the biggest overseas deal ever made by a Japanese non-life insurance company
IRDA mulls savings-cum-health insurance policy
29 May 2015
Exor ups the ante for PartnerRe to $6.8 bn
13 May 2015
Manulife replaces Aviva in $1.2-bn bancassurance deal with DBS Group
09 Apr 2015
Manulife will gain access to DBS’ six million customer base in the four markets through the bank’s extensive network of over 200 branches
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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