Tag - insurance

 
 

INSURANCE

Luigi Mangione arrives at a helicopter pad after being extradited from Pennsylvania, as New York Mayor Eric Adams walks behind him, in New York, on Thursday.
WORLD / Crime & Legal
Dec 20, 2024
Suspect in UnitedHealthcare killing slapped with new charges
Federal prosecutors have charged Luigi Mangione with the federal crime of murder using a firearm, two charges of stalking and a charge of using an illegal gun silencer.
Rivers and canals meander through many of the townships in Ningbo, with some homes built close to the water.
ASIA PACIFIC / Politics
Dec 19, 2024
Can China shield the biggest uninsured economy from floods?
Only about 10% of Chinese families have a home insurance policy, compared to nearly 90% in the U.S.
Luigi Mangione, 26, at the Blair County Courthouse in Hollidaysburg, Pennsylvania, on Dec. 10. Mangione was indicted on Tuesday for the murder of UnitedHealth Group executive Brian Thompson.
WORLD / Crime & Legal
Dec 18, 2024
Luigi Mangione indicted for first-degree murder in CEO death
Mangione faces as long as life in prison without the possibility of parole if he is convicted.
Nippon Life Insurance Chairperson Yoshinobu Tsutsui is set to become the next head of the Japan Business Federation, or Keidanren, in May next year.
BUSINESS
Dec 17, 2024
Nippon Life chair to become head of Japan's main business lobby
Yoshinobu Tsutsui is set to be the first chairperson of the Japan Business Federation, or Keidanren, from the financial industry.
Numbered evidence markers indicate where bullet casings were located at the crime scene outside the New York Hilton Midtown, where Brian Thompson, the chief executive of UnitedHealthcare, was fatally shot, Dec. 4.
WORLD / Crime & Legal
Dec 13, 2024
Suspect in UnitedHealthcare shooting visited Japan, then vanished
New details are emerging about Luigi Mangione’s growing impatience with "a capitalist society” and his search for refuge in the mountains of Japan.
Nippon Life Insurance, Japan’s largest insurer by assets, will buy $250 million worth of convertible notes and $300 million of preferred securities issued by TCW Group.
BUSINESS / Companies
Dec 12, 2024
Nippon Life ramps up global push with $550 million TCW deal
The announcement comes just a day after Nippon Life agreed to buy Bermuda-based Resolution Life Group Holdings for about $8.2 billion.
Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, is escorted after an extradition hearing at Blair County Court House in Hollidaysburg, Pennsylvania, on Tuesday.
WORLD / Crime & Legal
Dec 12, 2024
Luigi Mangione was charged with murder — then donations started pouring in
The photogenic, Ivy League-educated 26-year-old's support has seemingly only intensified since his arrest on Monday.
The $8.2 billion deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
BUSINESS / Companies
Dec 11, 2024
Nippon Life to buy Resolution in $8.2 billion deal as it pursues U.S. growth
The deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
Police escort Luigi Mangione to his arraignment at the Blair County Courthouse in Hollidaysburg, Pennsylvania, on Monday.
WORLD / Crime & Legal
Dec 10, 2024
Murder charges filed against suspect in UnitedHealthcare shooting
The suspect, identified as Luigi Mangione, 26, was captured in Altoona, Pennsylvania, in a McDonald's after a customer and an employee believed he resembled the gunman.
A person holds a sign while standing on the roadside near the McDonald's restaurant where a suspect in the killing of the CEO of UnitedHealthcare, Brian Thompson, identified as Luigi Mangione, 26, was arrested, in Altoona, Pennsylvania, on Monday.
WORLD / Crime & Legal
Dec 10, 2024
Killing of UnitedHealthcare exec ignites patient anger over insurance
The attack called fresh attention to deepening frustrations faced by Americans in their struggle to receive and pay for medical care.
A poster advertising a reward for information is posted near the site where Brian Thompson, chief executive of UnitedHealthcare, was fatally gunned down in New York on Monday.
BUSINESS / Companies
Dec 10, 2024
CEO killing and rage over insurance plunges UnitedHealth into crisis
Instead of eliciting sympathy from the public, the death of UnitedHealth’s CEO has spawned a hate machine against the insurance industry.
A Nippon Express facility in Tokyo
BUSINESS / Companies
Dec 7, 2024
Fraudulent transport insurance claims found at Nippon Express
The offices falsified data and documents related to insurance contracts and claimed insurance money for cargoes without insurance contracts.
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.
JAPAN / Explainer
Dec 1, 2024
Don’t worry, you can still use your Japan health insurance card — for now
While the government will stop issuing new health insurance cards on Monday, there is a one-year grace period for their integration with My Number cards.
Founded in 1879, Tokio Marine was Japan's first nonlife insurance company and it has since expanded into life insurance and now has a presence in 46 countries besides Japan.
BUSINESS
Oct 18, 2024
Tokio Marine pauses sale of Southeast Asia life insurance business, sources say
The delay appears to be due to the firm's dispute with a Malaysian partner.
At least 10 firms have temporarily suspended some business activities with Nomura because of its market manipulation scandal.
BUSINESS / Companies
Oct 18, 2024
Big clients halt trades with Nomura over market manipulation scandal
At least 10 firms have temporarily suspended some business activities with Japan's biggest brokerage because of the breach.
The Bank of Japan’s historic shift this year from radical monetary easing to two interest-rate hikes has sparked volatility in the nation’s securities market as investors speculate on the BOJ’s next move.
BUSINESS / Markets
Oct 17, 2024
Japan Post Insurance markets chief sees Nikkei setting new records after votes
The Nikkei's all-time high, set in July, will probably be "just a passing point,” said Kenichi Kuga, head of global equity and fixed income investment.
Analysts say Warren Buffett may be looking to buy Japanese financial firms and shipping companies.
BUSINESS / Economy
Oct 3, 2024
Buffett may target Japan banks or insurers for next purchase, analysts say
The billionaire’s company this week mandated banks to manage a yen bond sale in the global market, in a sign he may increase holdings in Japan.
A burnt vehicle after a wildfire in the Baie-James region of Quebec, Canada, on June 10
ENVIRONMENT / Climate change
Sep 24, 2024
Insurance czar has ‘harsh’ message about climate: You may just have to move
Canadian insurers received 228,000 insurance claims in July and August — more than they’ve had in any summer over the past 20 years.
Pedestrians walk past the Financial Services Agency headquarters in Tokyo.
JAPAN
Aug 31, 2024
Over 2.5 million sets of info leaked from four Japan nonlife insurers
Of the total, employees on loan were found to have been involved in about 240,000 cases, including for contracts for corporate customers.
Homes surrounded by floodwaters in Steinhatchee, Florida, after Hurricane Debby made landfall on Aug. 5.
ENVIRONMENT / Climate change
Aug 10, 2024
Clashing risk predictions cast doubt on black box climate models
Insurers and investors are using private modeling tools to make risk assessments, but they have major inconsistencies.

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