AGP Executive Report
Last update: 3 hours agoCorporate Moves: CVS plans to separate its retail pharmacy business from its insurance and healthcare services operations by 2028. Old Mutual Insure will take over Swiss Re Corporate Solutions’ South African portfolio, while SSP UK and Ireland has acquired insurance technology provider IS2. Technology: Travelers launched an AI tool that lets workers’ compensation agents start small-business quotes by uploading documents, reducing manual data entry. Results: Verisk reported third-quarter revenue of $809 million, up 5.3%, and adjusted earnings per share up 14%. In Nigeria, ten listed insurers paid N276.87 billion in claims over nine months, 13.4% more than a year earlier. Market Growth: Rising vet bills are driving pet insurance demand in the U.S.; premiums are projected to grow 17% to $6.4 billion in 2026.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.