Allianz SE reports fall in profits in 2020 results

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After a tough year, global insurer Allianz SE has reported drops in key figures, according to its full-year and Q4 results.

The company revealed that its total revenues decreased by 1.3% to €140 billion (around SG$225 million) in 2020, while its operating profit came in at €10.8 billion (around SG$17.4 billion), including a negative COVID-19 impact of €1.3 billion, which is a fall of 9.3% from the previous year. Finally, net income attributable to shareholders was down 14% to €6.8 billion from 2019.

Nonetheless, fourth quarter revenues were stable year-over-year, while Q4 operating profit was up 8.2% from the same

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Hospital loses health insurance accreditation due to fraudulent transactions

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A hospital in Kanazawa City in Japan can no longer provide service covered by insurance after its accreditation was revoked by the health authority over fraudulent activity.

Fujii Hospital in Ishikawa Prefecture was found to have made 950 fraudulent claims between 2013 and 2018 by the Tokai-Hokuriku Regional Bureau of Health and Welfare, The Mainichi reported. The claims, which involved inflated numbers of nursing staff and working hours, totalled around ¥159 million (SG$1.99 million).

The cancellation of the hospital’s accreditation means that the hospital cannot provide insurance-covered care for a period of five years. Fujii Hospital is considered as one

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Memahami WEBSITE POSITIONING Dan SEM Bagi Pemula Digital Advertising and marketing

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Immediately, even the sector of dentistry is rich in artistic entrepreneurs who actively create and introduce items and providers that may seem cool and strange to you. We’re a top-ranked Search Engine Optimization company devoted to your progress. About 50 of those apps are created by Wix, but you too can entry third-occasion apps, equivalent to integrations with widespread advertising and marketing tools like Google AdSense and social media advertisements. It is pretty fun to browse and see what you can do with your site that you simply hadn’t previously thought of.

We are going to be certain that to … Read More

Partner Re brings in new board member

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Partner Re has announced that it has appointed Enrico Vellano (pictured) to its board of directors. Vellano succeeds John Elkann as Exor’s representative.

Vellano is the chief financial officer of Exor, the owner of Partner Re. He began his career in 1997 at IFIL, the investment company controlled by the Agnelli family, and moved through positions of increasing responsibility until being named CFO in 2006.

“It has been my privilege to serve on the board of Partner Re Ltd. For the past five years,” said Elkan, chairman and CEO of Exor. “Under the leadership of Brian Dowd as chairman and

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