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Insurers News

Challenger insurers are doing better than banks during COVID-19 Special

In recent weeks, the coronavirus pandemic has become a catalyst for digital solutions. One area where growth has been strongest is with challenger insurance startups, who are disrupting the traditional insurance market.

Investors make unprecedented commitment to net zero emissions

Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other big investors.

Wealth management drives Canadian insurance profits

The profits of Canadian life insurers grew in the fourth quarter, as higher returns from growing wealth management units offset uneven insurance sales, highlighting a shift in business as the companies...

Health insurers allegedly coerced workers to lobby against reform

Consumer Watchdog alleged in a letter to the California A.G.'s office that UnitedHealth and WellPoint violated the state’s labor codes. The group claims the health insurers used “coercive communications” to urge workers to lobby against reform.

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