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New York Life Donates $300,000 to Help Fight India's COVID-19 Crisis | Coronavirus


NEW YORK (BUSINESS WIRE) May 11, 2021
New York Life, America’s largest and most admired 1 mutual life insurer, announced today that it has donated $150,000 to Project Hope and $150,000 to American-India Foundation (AIF) to support COVID-19 relief efforts in India.
“COVID-19 has negatively impacted all people globally and we are proud to support efforts aimed at stopping the further spread of this terrible virus,” said Ted Mathas, Chairman and CEO. “As a mutual life insurer, one of our core values is to act with humanity and we hope these contributions help ease the suffering of the people of India.”
Project HOPE is working with local partners and government officials in India to facilitate the rapid procurement and distribution of PPE, oxygen supplies, ICU equipment, ventilators, and other critical items to support the country’s overwhelmed health care system. Initial plans target five states in India, coordinating with government officia ....

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Cigna Delivers Strong First Quarter 2021 Results, Raises 2021 Outlook


Cigna Delivers Strong First Quarter 2021 Results, Raises 2021 Outlook
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Total revenues in the first quarter were $41.0 billion, and adjusted revenues
1 were $41.0 billion
Adjusted income from operations
Adjusted income from operations
2,3 is now projected to be at least $7.0 billion in 2021, or at least $20.20 per share
3
Global health services company Cigna Corporation (NYSE: CI) today reported strong first quarter 2021 results driven by focused execution across its businesses.
Cigna remains dedicated to supporting our customers, clients, and communities through the disruption of the COVID-19 pandemic, while also delivering strong financial results, as demonstrated through our first quarter performance, said David M. Cordani, President and Chief Executive Officer. As we continue to execute against our three-pronged growth framework – delivering differentiated value, partnering and innovating, and expan ....

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Cigna Q1 Results Beat Estimates


Cigna Q1 Results Beat Estimates
WASHINGTON (dpa-AFX) - Health services company Cigna Corporation (CI) reported net income of $1.161 billion, or $3.30 per share in the first quarter compared with $1.181 billion, or $3.15 per share in the same quarter a year ago.
Excluding items, adjusted earnings were $1.664 billion, or $4.73 per share compared with compared with $1.758 billion, or $4.69 per share last year. On average, twenty analysts expected the company to report earnings of $4.38 per share for the quarter. Analysts estimates typically exclude special items.
Revenues for the quarter increased to $40.971 billion from $38.469 in the comparable quarter a year ago. The consensus estimate was for $40.24 billion. ....

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Health Insurance Market Report, Industry Overview, Growth Rate and Forecast 2026


Health Insurance Market Report, Industry Overview, Growth Rate and Forecast 2026
iCrowd Newswire
04 May 2021, 18:27 GMT+10
According to the latest report by IMARC Group, Health Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, The global health insurance market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
Health insurance refers to a type of insurance that periodically charges a predefined amount from the individual and pays for medical and surgical expenses incurred by the policyholder in case of a medical emergency. A health insurance plan usually covers services such as diagnosis and treatment for chronic ailments, psychiatric care, emergency evacuation, in-patient and out-patient treatment, maternity, dental care, etc. Nowadays, several health insurance companies offer health coverage, wherein medical supervision i ....

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