#insurance (trbc level 3)

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New York charges Johnson & Johnson with insurance fraud over opioid claims

New York charges Johnson & Johnson with insurance fraud over opioid claims

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FILE PHOTO: The company logo for Johnson & Johnson is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

NEW YORK (Reuters) – New York state filed civil charges on Thursday accusing Johnson & Johnson JNJ.N of insurance fraud for downplaying the risks of opioid painkillers, including to elderly patients.

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Upstart insurer Singapore Life plans expansion after $2 bln Aviva deal

Upstart insurer Singapore Life plans expansion after $2 bln Aviva deal

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SINGAPORE, Sept 17 (Reuters) – Singapore Life, an upstart insurer which agreed a $2 billion deal for the Singapore business of insurer Aviva, plans to tap into Southeast Asia to expand more and will seek to list in the city-state, its founder and CEO told Reuters.

Singapore Life’s transaction to acquire S$11.8 billion ($8.7 billion) of London-listed Aviva’s Singapore assets will boost…