Feds finalize Visa, Mastercard agreements lowering fees for small businesses
The federal government has finalized agreements with Visa and Mastercard that will see small businesses pay lower credit card transaction fees, it announced Thursday. The government said Visa and Mastercard have agreed to reduce domestic consumer credit interchange fees for in-store transactions to an annual weighted average interchange…
Visa Inc Expanding its Accelerator Program in Asia Pacific
More than 450 financial startups applied to become official partners of Visa in Asia.2 Visa Stock surged over 11% in the last six months. Visa Inc is the world’s second-largest and most prominent card payment organization in San Francisco, California. The…
Zurich starts 2023 with strong top-line growth
Group Chief Financial Officer George Quinn said: “The Group has made a strong start to the new financial cycle. We saw robust growth in Property & Casualty (P&C), with a double-digit increase in premiums in North America, mainly driven by…
Chubb Limited Shareholders Approve 30th Consecutive Annual Dividend Increase; Chubb Limited Board Declares Record Date for First Dividend Installment
Chubb Limited (NYSE: CB) announced today that at its 2023 Annual General Meeting, held at the company’s offices in Zurich, Switzerland, shareholders approved a 3.6% increase in the company’s dividend to $3.44 per share annually ($0.86 per share, per quarter) from $3.32 per share ($0.83 per share,…
Emission possible: How hydrogen and insurance can shape a greener future
Hydrogen may be the smallest element in the universe, but it is experiencing huge hype. As governments seek to meet commitments to avert catastrophic climate change, their gaze is increasingly falling onto this simplest of elements to play a critical…
Congressional Committee, Regulators Question Cigna System That Lets Its Doctors Deny Claims Without Reading Patient Files
A key congressional committee asked insurance giant Cigna on Tuesday to provide corporate documents so that lawmakers can examine the company’s practice of denying health care claims without ever opening a patient file. The House Committee on Energy and Commerce…
Cigna CFO: Expect More Acquisitions Than in Recent Years
Cigna Corp. CFO Brian Evanko said investors should expect the Connecticut-based insurance and health services holding company to become more active in the M&A market as it continues to weave together its two main divisions. Speaking last week at an…
Boasting A 9.8% Return On Equity, Is Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) A Top Quality Stock?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep…
Tencent, Ping An lead Hong Kong stock advance as investors anticipate tech earnings and state-owned firms get boost
Hong Kong stocks rose on a rally in tech stocks as investors anticipated strong net profits from Tencent and Alibaba in their quarterly earnings releases. Banks and insurers gained, following onshore peers that have benefitted from government initiatives to boost the valuation…
Asia-Pacific Power List 2023: Stuart A Spencer, AIA Group
As an astute marketer at an insurance heavyweight, the group CMO of AIA, Stuart A Spencer has carved a permanent position for himself in Campaign’s Power List since the first edition came out in 2018. Not one to rest on…
Elevance Health Announces Appearance at the Bernstein 39th Annual Strategic Decisions Conference
Elevance Health (NYSE: ELV) announced today that senior management is scheduled to present at the Bernstein 39th Annual Strategic Decisions Conference in New York City on June 1, at 8:00 a.m. Eastern Daylight Time (EDT). All interested parties are invited to listen to…
Understanding the Benefits of Electronic Health Records (EHRs)
The healthcare industry generates about 30% of all the world’s data volume and that number is expected to grow to 36% by 2025. What preferred tool does the healthcare industry use to successfully organize, manage, and access that large amount of patient…