Category Press Releases

Schwab Study: Workers Continue to Prioritize 401(K) Saving Amid Anxiety About Inflation and Market Volatility

 Inflation and market volatility are impacting workers’ ability to save for retirement to a greater extent than last year, according to a new survey from Charles Schwab. The annual nationwide survey of 401(k) plan participants finds that 62% of workers…

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Schwab Launches Three New Wasmer Schroeder™ Bond Ladder Strategies as Appetite for Fixed Income Continues to Grow

Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation, today announced the launch of three short-duration U.S. Treasury bond ladder strategies managed by its Wasmer Schroeder™ Strategies team. The new bond ladders, which invest in short-duration U.S.…

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Porter partners with Macquarie Asset Management on development of Montréal Saint-Hubert Airport passenger terminal

Porter Aviation Holdings Inc. (PAHI) is entering a partnership with Macquarie Asset Management (MAM) to support development of the previously announced passenger terminal at Montréal Saint-Hubert Airport (YHU). A new company, Partenaires d’infrastructure YHU (Québec) s.e.c. / YHU Infrastructure Partners…

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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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