Prudential Financial reported a first-quarter profit gain off strong underwriting in the insurer’s U.S. Businesses unit. But new CEO Andrew Sullivan is raising the bar.
Global Atlantic, KKR's insurance unit had a difficult first quarter.
KKR will not pull back from its strategy in the face of worldwide market volatility, said co-CEO Scott Nuttall. In fact, the firm expects to be even more aggressive.
–The Guardian Life Insurance Company of America ® today reported strong financial results in The 2024 Guardian Annual, continuing to build on its legacy of financial strength and delivering consistent growth for policyholders through a robust business strategy and disciplined risk management. Record operating income: Driven by robust investment…
Blue Cross of Idaho is laying off over 100 employees in the coming months. Health and Welfare expects to save up to $40 million by switching from Blue Cross of Idaho to United Healthcare and Molina Health Care for the state’ s Medicare and Medicaid dual-eligible program, a spokesperson told the Idaho Statesman by email. Blue Cross of Idaho, the largest health…
Bearish hedge fund sellers have made $16.2 billion betting against Tesla shares as the value of Elon Musk’s electric car company has halved over the past three months.. Traders looking to profit from the falling share price have piled on the gains since the high recorded at the close on Dec. 17, according to data provider S3 Partners. Tesla’s market value has…
BOSTON, Mass., March 5, 2025- Liberty Mutual Holding Company Inc. and its subsidiaries reported net income attributable to LMHC of $1.239 billion and $4.383 billion for the three and twelve months ended December 31, 2024, versus income of $654 million and $213 million for the same periods in 2023.. Our claims professionals are on the ground working tirelessly to…
Jackson Financial is firing on all cyclinders with its annuity portfolio, but some Wall Street analysts remain concerned about its Brooke Re reinsurer.