Author Archive

Julian Calne

Julian Calne

In mid-January 2019 the UK Parliament rejected the proposed European Union (EU)-UK agreement that provided for a more or less orderly Brexit. Two months ahead of the deadline, the British government is expected to further push for an approval of the agreement, but a disorderly separation may now be the most likely scenario. Accordingly, EU nations are getting ready to minimize expected disruptions. The European Commission, in December 2019, published

Zurich in July 2018 acquired Blue Insurance, a travel insurance intermediary in the U.K. and Irish markets. The acquisition was made through Zurich’s Cover-More subsidiary, which provides travel insurance and medical assistance services, for an estimated €70 million. Blue Insurance offers direct-to-consumer travel insurance distribution capabilities through online brands in the U.K. and Ireland. Blue Insurance will be part of Cover More’s Europe and UK business, led by Judith

Sun Life Financial and Pareto Captive Services in October 2017 announced a new stop-loss group captive solution, Legend Re, which will be available in the U.S. for policies effective January 1, 2018. The initiative is designed to reduce claims volatility for small and medium self-funded employers or fully-insured employers transitioning to self-funding in order to realize cost savings. Employers in a group captive typically have under 500 employees, are

Increased leisure time and reduced labor supply of young men may be partly due to the improved quality of video games, according to a working paper published in September 2017 by the U.S. National Bureau of Economic Research (NBER). The objective of the paper is to distinguish the increase in leisure due to improved leisure technology from increases in leisure due to other forces such as declining labor market

The demand for short term international private health insurance or IPMI which bridges the gap between travel insurance and longer term cover looks set to keep growing, particularly as events such as Brexit unfold. Brexit could unleash yet more demand as international arrangements such as the European Health Insurance Card (EHIC) may no longer cover travelers to and from the U.K. . The impact of the internet, budgetary pressures

American International Group in May 2017 announced the appointment of Brian Duperreault as President, Chief Executive Officer and Director. Duperreault previously served as Chairman and CEO of Hamilton Insurance Group, a Bermuda-based holding company, with property and casualty insurance and reinsurance operations in Bermuda, the U.S. and the UK. Prior to this, he was President and Chief Executive Officer of Marsh & McLennan Companies. Before joining Marsh, he served for two years as non-executive Chairman of ACE,