MetLife Reinsures $10B in Variable Annuities with Talcott Resolution
MetLife’s $10 billion variable annuity reinsurance deal with Talcott Resolution aims to lower tail risk and release capital, enhancing risk management and financial stability.
MetLife’s $10 billion variable annuity reinsurance deal with Talcott Resolution aims to lower tail risk and release capital, enhancing risk management and financial stability.
Canadian Natural Resources sees increased investment from The Manufacturers Life Insurance Company and other institutional investors, alongside a dividend increase, signaling confidence in the energy sector's equity opportunities.
Wells Fargo's strategic shift towards institutional clients drives a 56% increase in FX forwards trading with life insurers, highlighting growing demand for currency risk management in the insurance sector.
Colorado braces for up to $1 billion in potential federal Medicaid funding cuts, threatening state budget and healthcare services amid Congressional Republican budget proposals.
CVS Health plans to exit the ACA individual health insurance market in 2026, affecting about 1 million Aetna members across 17 states. The move reflects a strategic portfolio shift amidst rising healthcare costs and uncertain federal subsidies.
Republicans in Congress seek to implement trillion-dollar Medicaid reforms through reconciliation, targeting waste, fraud, and abuse while expanding tax cuts and curbing federal spending growth.
CVS Health announces exit from individual ACA plans and expands Wegovy access amid strong Q1 earnings, signaling strategic focus on higher-margin healthcare segments.
Insuranceopedia introduces PolicyAI, a free AI tool that analyzes auto insurance policies to identify coverage gaps and reduce costs, enhancing policyholder protection and compliance.
Progressive announces hiring of 12,000+ workers in 2025 amid strong auto insurance growth, while Chubb reports Q1 net revenue drop due to wildfire losses. J.D. Power study shows rising auto insurance shopping trends.
House Republican proposals to cut Medicaid funding threaten Washington D.C.'s healthcare system, risking coverage for 40% of residents and essential services. The debate highlights funding structures and potential impacts on hospitals and clinics.