Transformation of US health insurers brings greater revenue, higher leverage

Dean Ungar diagnoses the causes of US health insurers’ evolution over the past decade, and discusses the benefits and risks for the sector’s credit strength. Plus, Guy Combot and Atsi Sheth talk about recent changes in Italian bank governance and the broader credit implications of increased gender diversity.Inside this episode:Guy Combot and Atsi Sheth talk about recent changes in Italian bank governance and the broader credit implications of increased gender diversity. (begins at 2:12 mins)Dean Ungar diagnoses the causes of US health insurers’ evolution over the past decade, and discusses the benefits and risks for the sector’s credit strength.  (begins at 9:55 mins)Related content:Banks – Italy: New “fit and proper” board criteria will reinforce Italian bank governanceESG – Global: Rising focus on gender inclusion highlights links to economic growth and credit qualityHealth Insurance – US: Sector’s evolution brings increased scale and diversification but also higher leverageAetna Inc., Anthem, Centene Corp., Cigna Corp., Humana Inc., UnitedHealth Group : Vertical integration: short-term credit pain, long-term credit gainHealth Insurance – US: Policy drive toward transformation of health insurance poses risks to profitability