Despite Medicaid pressures, Elevance reports strong Q1 earnings
Elevance Health Inc. reported strong first quarter 2025 earnings Tuesday with operating revenue rising 15.4% year-over-year to $48.8 billion.
Insurance company earnings information, updated quarterly. Earnings are crucial when assessing a company’s profitability and stock.
Elevance Health Inc. reported strong first quarter 2025 earnings Tuesday with operating revenue rising 15.4% year-over-year to $48.8 billion.
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…
Northwestern Mutual reported record-breaking financial results, declaring its highest-ever policyholder dividend and a sky-high surplus.
Jackson Financial is firing on all cyclinders with its annuity portfolio, but some Wall Street analysts remain concerned about its Brooke Re reinsurer.
Genworth Financial reported results for Q4 and full-year 2024, citing continued success in long-term care rate actions.
Corebridge reported a strong fourth quarter 2024, with net income of $2.2 billion compared to a loss of $1.3 billion in the year-ago quarter.
Despite challenges from natural catastrophes, including the California wildfires, AIG earns Q4 net income of $898 million.
CVS Health reported Q4 2024 profits of $1.6 billion, down from $2 billion, with annual profits at $4.6 billion, down $8.3 billion in 2023.
Brighthouse Financial’s Shield Level annuities hit record sales of $10 billion for the year. But is it enough?
Equitable Holdings continues to tinker with a formula combining retirement products, wealth strategies and asset management.
Globe Life executives might be living in a swirling storm of controversy, but it didn’t impact life insurance sales during the fourth quarter.
Allstate Corporation ended 2024 on a high note, reporting strong financial and strategic performance in the fourth quarter and 2024.
Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.
From a sales standpoint, a lot went right for Prudential Financial in Q4, and the year as a whole.
Higher fee revenue and strong retirement products drove another strong quarter for Apollo Global Management.
Cigna executives kicked off Thursday’s earnings call by responding to pharmacy benefit manager critics with a number of reforms.
Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan Chase CEO Jamie Dimon still sees two“ significant risks” to the economy. That warning came as the largest U.S. bank by assets posted its biggest-ever annual profit, and beat Wall Street expectations across the board. Economists at Goldman Sachs…
Artificial Intelligence startups in the United States raised 30 percent more in venture funds last year than in 2023, despite the fact that large companies developing this technology such as Sam Altman’s OpenAI or Elon Musk’s xAI have not reported profits, specialists indicated. The enthusiasm for AI technology, sparked in large part by the resounding…