Informa Insurance News 24
ANTHEM TO GO PUBLIC AND SAID TO BE CONSIDERING ACQUISITIONS
US health insurer Anthem Insurance, which was founded as Blue Cross/Blue Shield of Indiana, plans to go public by the end
of this year, the
Wall Street Journal
reports in its online edition today. The company provides insurance to 7m people in the US. Chief executive Larry Glasscock
was quoted as saying that “the industry is consolidating and we want to be sure we have the financial resources to create
a larger company” — which the newspaper said indicated that the company was considering using the proceeds of the offering
to make acquisitions.