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Tag: Insurer

Insurer AIG posts higher quarterly profit on underwriting strength
Stock Market

Insurer AIG posts higher quarterly profit on underwriting strength

(Reuters) -American International Group reported a higher second-quarter profit on Wednesday, powered by strong underwriting gains and higher returns on…

nileshsha@hotmail.comAugust 8, 2025
An Apollo-backed insurer is coming for the UK’s pensions
Global Economy

An Apollo-backed insurer is coming for the UK’s pensions

Apollo has used its in-house insurer Athene to remake US private capital, using billions of dollars from retirees to feed…

nileshsha@hotmail.comJuly 10, 2025
Another health insurer has issued a profit warning. But its stock is climbing.
Stock Market

Another health insurer has issued a profit warning. But its stock is climbing.

Molina Healthcare cuts its profit outlook, but its stock is rising after tumbling last week in response to rival Centene’s…

nileshsha@hotmail.comJuly 7, 2025
Apollo-Backed Athora Buys U.K. Insurer for .8 Billion
Stock Market

Apollo-Backed Athora Buys U.K. Insurer for $7.8 Billion

Savings and retirement services group Athora Holding said it struck a deal to acquire Pension Insurance Corp. for roughly 5.7…

nileshsha@hotmail.comJuly 5, 2025
Apollo’s Athora reportedly in talks to take over specialist insurer PIC
Stock Market

Apollo’s Athora reportedly in talks to take over specialist insurer PIC

Athora, an insurance company backed by Apollo Global Management, is in talks to acquire Pension Insurance Corporation (PIC), reported Sky…

nileshsha@hotmail.comJune 23, 2025
HSBC Chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
Stock Market

HSBC Chair Tucker to return to Asia insurer AIA after overseeing bank overhaul

By Scott Murdoch and Rishav Chatterjee (Reuters) -HSBC Holdings’ high-profile Chairman Mark Tucker will return to the insurance sector as…

nileshsha@hotmail.comJune 7, 2025
HSBC’s Mark Tucker to become chair of insurer AIA
Global Economy

HSBC’s Mark Tucker to become chair of insurer AIA

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

nileshsha@hotmail.comJune 6, 2025

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