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Deutsche's DWS, Generali Said to Vie for NN's Asset Manager

(Bloomberg) DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN Investment Partners, has separately attracted early interest from UBS Group AG and Allianz SE, the people said. Several other international asset managers, including some U.S. firms, are also pursuing a deal, according to the people, who asked not to be identified because the information is private. NN said in April it’s examining options for its asset management arm, including a merger and partial sale. The business, which oversees assets mainly derived from NN’s life insurance premiums, manages about 300 billion euros ($364 billion), according to its website. Any transaction could value the unit at about 1.5 billion euros, the people said. Deliberations are ongoing, and there’s no certainty they will result in a deal, the people said. NN may opt to keep a minority s ....

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Allianz Insurance meets minimum capital requirement ahead of deadline


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A former Commissioner Insurance of the National Insurance Commission (NIC), Ms Lydia Lariba Bawa, has reiterated the need for staff of insurance companies to be abreast with developments in the industry to be able to serve clients better.
He said one key way to ensure this was for employers to prioritise periodic training and refresher courses for their staff to enable them to better serve the needs of the industry.
She said it was important for company to offer continuous practical and hands-on training for staff to engender value addition to the services provided by them to their clients.
She made the call after a three-day capacity building workshop organized by Imperial General Assurance for some of its technical staff from May 24 to 26 in Accra. ....

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UPMC spins out AI-driven analytics company focused on chronic disease patients

Realyze Intelligence, incubated at and funded by UPMC Enterprises, provides a platform that uses EMR data to identify chronic disease patients and help clinicians link them to appropriate treatment options. The platform leverages not only the structured data available in EMRs but also unstructured clinical notes. ....

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