In a recently published op-ed for the United Nations Environment Programme Finance Initiative (UNEP FI) convened Net-Zero Asset Owner Alliance (NZAOA), Allianz Board Member and NZAOA Chair Günther Thallinger explained asset owners’ work when it comes to protecting the best interests of their stakeholders.…
The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 25, 2023. These documents will be available on the company’s investor website at investors.chubb.com. The earnings conference call will be available via…
SoftBank Corp. (TOKYO: 9434) (“SoftBank”) today announced that it and Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) have jointly developed a light-weight, high-efficiency, and high-reliability axial flux-type motor for High Altitude Platform Stations (“HAPS”). This newly…
Schwab Charitable™ and Charles Schwab Foundation today announce that Schwab President Rick Wurster has been elected to chair the organizations’ respective boards of directors and serve as President of Charles Schwab Foundation, effective July 1. Schwab Charitable is an independent 501(c)(3) non-profit…
Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab High Yield Bond ETF (NYSE Arca: SCYB). The first day of trading is expected to be on or about July 11.…
Bank of America released its 2023 Financial Life Benefits® Impact Report (PDF), revealing that the average 401(k) account balance among men is 50% greater than women’s overall ($89,000 vs. $59,000). However, this gender imbalance is closing among younger generations. Baby Boomer…
KKR today announced a monetization activity update for the period from April 1, 2023 to June 23, 2023. Based on information available to us as of today, with respect to the period through June 23, 2023, KKR has earned gross realized carried interest and…
Starting July 1, clients of Optum Rx will have access to three biosimilar alternatives for HUMIRA, a highly utilized biologic medication used in the treatment of autoimmune diseases. The Optum Rx standard formulary will include the following treatments at parity…
UnitedHealthcare Community Plan of Arizona has been awarded the industry-recognized Health Plan Accreditation and Long-Term Services and Supports (LTSS) Distinction by the National Committee for Quality Assurance (NCQA). NCQA accredits and certifies a wide range of health care organizations and…
The Cigna Group announced today Chris DeRosa, President, U.S. Government, will assume leadership of Cigna Healthcare’s Medicare and Individual & Family Plan (IFP) businesses, as Chuck Berg, Senior Advisor, announces his departure. Mr. DeRosa is an accomplished leader with more than 30…
Chubb Limited (NYSE: CB) today announced that Michael O’Donnell has been appointed Chief Operating Officer, Global Reinsurance. Currently, he serves as Division President of Chubb Tempest Re USA. In his new role, O’Donnell will continue to have responsibility for the U.S. operations of…
SoftBank Corp. (hereinafter the “Company”) hereby announces that at the meeting of the Board of Directors held on June 20, 2023, its Board of Directors resolved to issue stock acquisition rights as stated below (hereinafter “Stock Acquisition Rights”) to executive…
