• US House Bill Would Again Suspend Health Insurance Tax

    4 monthes ago - By A.M. Best

    U.S. House lawmakers have introduced a bipartisan bill to suspend for 2020 the Affordable Care Act health insurance tax, which this year will cost the industry about $14.3 billion.
    The bill, the ...
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  • Philippines Insurance Premiums Up 34% in First Quarter

    4 monthes ago - By A.M. Best

    The Philippine insurance market recorded a 34% growth in the first quarter of 2018 with total premiums of 76.64 billion pesos , according to Insurance Commissioner Dennis ...
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  • Nissan to Cut North America Output as Sales Decline, Nikkei Says

    4 monthes ago - By Fortune

    Nissan Motor Co. will cut vehicle output in the U.S. and Mexico through this summer to reduce inventories in a cooling market, Nikkei reported Tuesday.
    The Japanese carmaker will cut workers' hours and reduce production by as much as 20 percent at five assembly plants in the two countries, the publication said, without saying where it got the information.
    A Nissan spokesman, declining to comment on the company's production plans, referred to the guidance the Yokohama-based company has given in the past and alluded to statements by executives on declining sales in the region.
    Chief...
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  • Australian Nonlife Net Profit Grows 42% in 12 Months

    4 monthes ago - By A.M. Best

    Australian nonlife insurers recorded a significant 42% jump in combined net profit for the fiscal year ending March 2018, with improvements in short-tail property class providing the earnings boost, ...
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  • Five Trends You Should Take Away From Retailers' Earnings

    4 monthes ago - By Forbes

    Major U.S. retailers, from Walmart and Target to Macy's and Gap, have reported quarterly earnings recently. While their results may be in the rearview mirror, a close look at their comments offers a glimpse into the trends taking place in the industry, and what they are doing against Amazon.
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  • Amazon is the 'best long-term growth story' in mega-caps, MKM says, boosts target

    4 monthes ago - By CNBC

    Amazon remains the long-term leader among industry titans, according to MKM Partners, with the e-commerce company set to nearly triple its share of the U.S. retail market.
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  • Pandora Completes Acquisition of AdsWizz

    Pandora Completes Acquisition of AdsWizz

    4 monthes ago - By Venture Beat

    PRESS RELEASE: Advances leadership in global digital audio advertising ecosystem OAKLAND, Calif.--May 29, 2018- Pandora , the largest music streaming service in the U.S., today announced it has completed its acquisition of AdsWizz, the global leader in digital audio advertising technology. “Audio is t...
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  • Best's Special Report: U.S. Life/Annuity Insurers' Net Income Drops Sharply in First-Quarter 2018

    4 monthes ago - By A.M. Best

    The U.S. life/annuity industry's net income in the first quarter of 2018 declined 54.6% from the same period a year ago, to $3.5 billion from $7.6 billion, mainly due to a drop in pretax net ...
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