Markets

Famed economist Mohamed El-Erian says its a ‘real question mark’ whether the massive valuations of tech giants like Amazon make ‘sense’ anymore

Famed economist Mohamed El-Erian said in a Thursday interview that he doubts the overall valuation of US tech companies. While he accepted that their robust balance sheets and positive cash flow will ensure continued outperformance, he said he doesn’t know “whether the valuation still makes sense to tell you the […]
Famed economist Mohamed El-Erian says its a ‘real question mark’ whether the massive valuations of tech giants like Amazon make ‘sense’ anymore
Markets

Mohamed El-Erian compared coronavirus stimulus packages to a poker game, and warned policymakers going ‘all in’ could backfire

Global economic stimulus packages have rapidly been used in the fight against the coronavirus pandemic, but an “all in” approach is not sustainable, famed economist Mohamed El-Erian told IFC Insights in an interview. El-Erian compared emergency government interventions to a poker game and said an all-in approach works well for […]
Mohamed El-Erian compared coronavirus stimulus packages to a poker game, and warned policymakers going ‘all in’ could backfire
News

DIGITAL HEALTH BRIEFING: American Well partners with Philips, Allianz — $100M acquisition helps Allscripts expansion — GE Healthcare, Roche develop critical care solution

Welcome to Digital Health Briefing, a new email providing the latest news, data, and insight on how digital technology is disrupting the healthcare ecosystem, produced by BI Intelligence. Sign up and receive Digital Health Briefing free to your inbox. Have feedback? We’d like to hear from you. Write me at: […]
DIGITAL HEALTH BRIEFING: American Well partners with Philips, Allianz  —  $100M acquisition helps Allscripts expansion  —  GE Healthcare, Roche develop critical care solution
News

Allianz invests $96.6 million in mobile insurance startup BIMA

Allianz’s digital investment unit invests $US96.6 million into BIMA. Seven-year-old business lets people in emerging markets buy insurance through their mobile phones. LONDON – German insurance giant Allianz has invested close to $US100 million (£74.7 million) in BIMA, a Swedish-British startup that helps people in developing economies buy affordable insurance […]
Allianz invests $96.6 million in mobile insurance startup BIMA