AGP Executive Report
Last update: 9 hours agoData Privacy: General Motors will pay $220 million to settle claims it shared drivers’ data with brokers and insurers without proper consent; the deal requires stronger safeguards and express permission. Health Coverage: U.S. ACA premiums are projected to rise a median 15% for 2027 as insurers exit some marketplaces and enhanced subsidies have expired, adding pressure ahead of open enrollment. Insurer Results: Ping An’s nine-month operating earnings climbed 8.3% to RMB125.9 billion, but net profit fell 27.3% amid market volatility. AIA Group reported a 5% drop in third-quarter new business value to $1.42 billion. Marine Market: Global marine premiums grew 5.5% to $42.6 billion in 2025, while competition continued to weigh on rates. Disaster Claims: Jamaica’s insurers say they have settled 91.1% of Hurricane Melissa property and motor claims, paying out $59.4 billion; 915 claims remain outstanding.
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