AIA Singapore full-year operating profit up 7%; value of new business climbs 18%

SINGAPORE – Insurer AIA Singapore clocked a 7 per cent increase in full-year operating profit after tax to US$558 million from a year ago, against what it cited as pressure on profitability from double-digit medical inflation in the market, it said on Friday (March 15). The results reflect an 18 per cent increase for the full year in its value […]

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No dental insurance? Discount plans can provide savings

No dental insurance? You're not alone. Roughly 1 in 4 Americans don't have dental coverage, according to industry figures. Employers are by far the biggest provider of dental benefits in the U.S., accounting for nearly half of all enrollees, followed by the government's Medicaid plan for low-income people. Continue Reading Below Researchers have shown that costs are a bigger obstacle […]

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Trump administration mulls forcing disclosure of secret hospital rates

WASHINGTON — The Trump administration is sounding out the medical industry on requiring hospitals and other health care providers to publicly disclose the secretly negotiated prices they charge insurance companies for services, a move that would expose for the first time the actual cost of care. The U.S. Department of Health and Human Services is seeking public comment on whether […]

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UnitedHealth stock paces Dow losers, as blow from ‘Medicare for all’ bill leaves a mark

The sharp selloff in managed-care stocks continued Monday, in the aftermath of the “Medicare-for-All” bill introduced last week, with UnitedHealth Group Inc. shares leading the Dow Jones Industrial Average’s losers for a third time in four sessions. The bill proposes a simplified health-care system by moving to a single-payer model, with the transition from the current multi-payer system taking just […]

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Investors should no longer bet on Warren Buffett

When Warren Buffett’s annual letter to Berkshire Hathaway shareholders was published last weekend, media coverage focused on the chairman and CEO’s mea culpaabout Berkshire’s investment in Kraft HeinzKHC, +3.07% his lament that he couldn’t find the next big investment to buy, the accounting change that caused Berkshire to take a $20-billion write-down, and, once again, his failure to announce any […]

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The ‘wall’ that Social Security is about to run into is the one Americans should worry about

The mother of all political battles is coming, and it’s about a wall. No, not that one. It’s another, much bigger wall. One that fewer people are talking about — so far. It’s the wall that Social Security is due to run into in just 15 years. That’s when, say Social Security’s trustees, the program’s trust fund is scheduled to […]

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3 Top Insurance Stocks to Buy in February

Individual investors often overlook the insurance industry due to its complex financial reporting and the many different flavors of insurers. But this is one industry you don't want to ignore. If you were to compile a list of some of the best-performing stocks over any long-term investment horizon, you'd find insurers throughout the list because of their ability to create […]

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Allianz Q4 Profit Up, Lifts Dividend, Plans Buyback; Confident Of Strong FY19

German insurance and asset management company Allianz SE (AZSEY.PK) reported Friday higher profit in its fourth quarter with improved revenues. Further, the company lifted it dividend, and announced a new share buy-back program of up to 1.5 billion euros. Looking ahead for fiscal 2019, the company projects operating profit of 11.5 billion euros, plus or minus 500 million euros, barring […]

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European stocks log best weekly gain in 3½ months as banks gets a bump from ECB

European stocks finished sharply higher Friday, helping the pan-European benchmark produce its best weekly gain since early November, as investors cheered signs of progress on a U.S.-China trade deal. Upbeat corporate quarterly results and a comments from an ECB official helped to fortify gains on the day. The Stoxx Europe 600 SXXP, +1.41% climbed 1.4% to close at 368.94, booking a […]

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