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“It is important to understand that this is not a demutualization or a step toward demutualization, and there is no plan to issue stock or to bring in external shareholders,” the company said. “While a mutual holding company structure provides access to new and more economical debt markets, we are not required to access them if debt market conditions are unfavorable.”
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[ad_1] Revenue and income both increased year-on-year [ad_2] Source link
[ad_1] What makes an insurance company great to work for? [ad_2] Source link
[ad_1] Meanwhile, Nicole Jones, who is chief administrative officer and general counsel, will expand her portfolio of responsibilities to include Cigna Group’s enterprise marketing division. This brings together marketing with other functions Jones already leads including public affairs, federal and state government affairs, legal and HR functions. [ad_2] Source link
[ad_1] P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from…
[ad_1] The US back-down on tariffs will have some short (and long-term) effects [ad_2] Source link
[ad_1] Moves include a new chairman and a new vice president [ad_2] Source link
