Non-life Insurance – Page 3

Brookfield Asset Management Sees $150 Billion Fundraising Goal Within Reach

7Nov

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World

Brookfield Asset Management Sees $150 Billion Fundraising Goal Within Reach

Nov. 6, 2023 7:46 pm ET|WSJ ProBrookfield Asset Management remains confident that it can reach its goal of raising $150 billion in new investment capital this year after banking $26 billion in the third quarter alone.The publicly traded infrastructure-focused investment firm controlled by Brookfield Corp. said it amassed $61 billion this year through September. That included $715 million in commitments to its sixth private-equity fund during this quarter. The fund wrapped up roughly a month ago with $12 billion, making it Brookfied’s largest vehicle for the strategy.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad ...

Should You Buy Disability Insurance Through Work?

5Nov

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World

Should You Buy Disability Insurance Through Work?

Updated Nov. 5, 2023 10:38 am ETDon’t let the complexity of disability insurance keep you from buying it. Disability insurance involves confusing paperwork and more than a little bit of math. It is designed to soften the financial fallout for employees who can’t work for some time as a result of illness, injury or another qualifying condition. For a regular fee, you get income back for a predetermined amount of time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

5Nov

By adminNo Comments

Money

Should You Buy Disability Insurance Through Work?

Updated Nov. 5, 2023 10:38 am ETDon’t let the complexity of disability insurance keep you from buying it. Disability insurance involves confusing paperwork and more than a little bit of math. It is designed to soften the financial fallout for employees who can’t work for some time as a result of illness, injury or another qualifying condition. For a regular fee, you get income back for a predetermined amount of time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

When to Get Your Covid Booster, Flu Vaccine or RSV Shot This Fall

1Nov

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World

When to Get Your Covid Booster, Flu Vaccine or RSV Shot This Fall

Updated Nov. 1, 2023 12:57 pm ETAmericans have started rolling up their sleeves for an array of shots to help stem the anticipated tide of respiratory infections this season. So far, it’s been a bumpy ride.Most people should be able to get updated Covid-19 shots free, but the process is more convoluted now that the public health emergency has ended. Still, now is the time to take advantage of the Covid-19 vaccine and all other available shots, doctors and officials said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Three Things That Can Save You Money—and Misery—on Your Benefits

1Nov

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Money

The Three Things That Can Save You Money—and Misery—on Your Benefits

The best way to make sure your doctors are still covered under your health insurance plan? Pick up the phone and call them. Each year, many workers learn the hard way that solely relying on your insurance provider’s online search tool to check on coverage during open enrollment doesn’t work. Those websites aren’t always up-to-date, benefits professionals caution.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Money Has Stopped Flowing in Commercial Real Estate

31Oct

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Money

The Money Has Stopped Flowing in Commercial Real Estate

Commercial real-estate lending is shrinking to historically low levels, threatening a rise in defaults on expiring debt and a sharp decline in new construction of warehouses, apartments and other property types.Banks, insurance companies and other commercial property lenders have been cutting back since the first half of 2022 when the Federal Reserve began increasing interest rates and recession concerns intensified. But creditors have been even more reluctant to make new loans as Treasury bond yields have soared since early August.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Insurers Spar With Biden Administration Over Coverage for Mental-Health Care

29Oct

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World

Insurers Spar With Biden Administration Over Coverage for Mental-Health Care

Oct. 29, 2023 10:00 am ETMany consumers with insurance are forced to pay hundreds and even thousands of dollars a year on mental-health care despite a 15-year-old law that is supposed to make such treatment as affordable and accessible as any other type of medical care.Now the Biden administration wants to impose new requirements on insurers that it says would reduce out-of-pocket costs for mental-health care and substance-use-disorder treatment. The insurance industry is firing back, arguing the proposal would drive up prices and set impossible-to-meet standards. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tech Selloff Intensifies, Pulling Down Nasdaq

26Oct

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Money

Tech Selloff Intensifies, Pulling Down Nasdaq

A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year. The tech-heavy index dropped 1.8%, while the S&P 500 shed 1.2%. The Dow Jones Industrial Average declined around 250 points, or 0.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

26Oct

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World

Health Care Roundup: Market Talk

The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.2128 GMT – Molina Healthcare keeps its outlook for the year unchanged after posting profit and revenue growth in 3Q. The company’s quarterly results were largely consistent with management expectations, “in addition to considerations of seasonality and conservatism,” Molina Healthcare says. The company’s revenue beat analysts expectations, but earnings per share came below forecasts in the period.Shares rise 0.5% after hours. (sabela.ojea@wsj.com; @sabelaojeaguix)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Ozempic Boom Is an Opportunity for Health Insurers

20Oct

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Money

Ozempic Boom Is an Opportunity for Health Insurers

You would think a new class of high-price weight loss drugs taken by millions of Americans would be a problem for health insurers. After all, they ultimately foot the bill. But it is more complicated than that: Some insurance giants actually stand to profit from the Ozempic craze.The industry has been calling out the costs of GLP-1 drugs, which are used for both diabetes and obesity. But federally supported Medicare and Medicaid still don’t cover the drugs for obesity, and much of the commercial market is self-insured. In other words, even though your insurance card says “Aetna” or “UnitedHealthcare,” those companies in some cases only act as administrators. That means employers are the ones bearing the risk of runaway costs.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserve...