Category Press Releases

Chubb and HealthAtom Announce Alliance to Expand Dental Protection in Latin America

Chubb and HealthAtom today announced an alliance to offer comprehensive dental healthcare protection and related services for patients across Latin America. Through the alliance, individual clients and corporate groups will have access to completely digital and easy-to-contract dental insurance protection products.…

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Phoenix Group and Macquarie Asset Management provide £58m funding for affordable housing

Phoenix Group, the UK’s largest long-term savings and retirement business, has provided a £58 million long term financing package, arranged by Macquarie Asset Management, to support a joint venture between Bromley Council and Pinnacle for the planned acquisition of more…

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Pocketalk and SoftBank Corp.Form Comprehensive Strategic Alliance to ExpandTranslation Business in Japan and Global Markets

Pocketalk Corporation (“Pocketalk”), the leading provider of translation solutions, and SoftBank Corp. (“SoftBank”) a Japan-based telecommunications and IT operator, announced they formed a comprehensive strategic alliance on July 25, 2023. Under this partnership, both companies will collaborate in the marketing…

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Mastercard introduces a fast, safe and cost-effective solution for businesses to accept virtual card payment

Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players across…

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Chubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 16.8% in Constant Dollars, with P&C Up 10.4% and Combined Ratio of 85.4%; Year-to-Date Net Income Per Share of $8.84, Up 20.3%, and Record Core Operating Income Per Share of $9.32, Up 15.8%

 Chubb Limited (NYSE: CB) today reported net income for the quarter ended June 30, 2023 of $1.79 billion, or $4.32 per share, and core operating income of $2.04 billion, or $4.92 per share. Book value per share and tangible book value per share increased 0.6% and 0.2%, respectively,…

Read MoreChubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 16.8% in Constant Dollars, with P&C Up 10.4% and Combined Ratio of 85.4%; Year-to-Date Net Income Per Share of $8.84, Up 20.3%, and Record Core Operating Income Per Share of $9.32, Up 15.8%

UnitedHealthcare Donates $11 Million to Community Organizations Through Its Empowering Health Program

UnitedHealthcare is donating more than $11.1 million in grants through its Empowering Health program across 12 states. The grants will assist people experiencing challenges such as food access and nutrition, social isolation, and behavioral health issues, and support local health…

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Allianz to serve global commercial insurance segment as one go-to-market business

Allianz Global Corporate & Specialty has joined forces with the commercial insurance businesses of local Allianz entities, trading under the name “Allianz Commercial” as of today New regional set-up confirmed with 11 regions, each represented by one Commercial Managing Director  Allianz Integrated…

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SoftBank Corp. and Rwanda’s Ministry of EducationSign Agreement to ProvideEducational Technology Service in RwandaThat Utilizes Non-Terrestrial Network Solutions

SoftBank Corp. (“SoftBank”) announced the signing of a Partnership Agreement on June 28, 2023, with the Government of Rwanda’s Ministry of Education (“MINEDUC”) to provide an educational technology (EdTech)*1 service in Rwanda using Non-Terrestrial Network (NTN) solutions starting from the Fall…

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SoftBank Corp. Launches Joint Researchwith Keio Universitywith View to Business Utilization of Quantum Computers

SoftBank Corp. (“SoftBank”) launched a joint research collaboration with Keio University with a view to the business utilization of quantum computers. Initially research will be conducted in the field of quantum chemistry, which involves the quantum mechanical analysis of molecules…

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