After releasing its latest inflation figures, the Organization for Economic Cooperation and Development (OECD) in August 2022 also released data about the impact on real household incomes. Real household income per capita fell by 1.1% in the OECD area in the first quarter of 2022, contrasting with growth of 0.2% in real GDP per capita. This is the fourth quarter in a row that GDP per capita has outpaced

Andries Venter in August 2022 was appointed as Senior Partnership Manager at Foyer Global Health (FGH) to support, promote and enhance relationships with strategic partners and global brokers. His focus is on the Middle East region, where he works closely with Maxhealth, an iPMI provider based in Dubai, to improve service delivery and integrate new services in the GCC region. Foyer Global Health is an international health insurance and

The Organization for Economic Cooperation and Development (OECD) in August 2022 released updated figures about inflation across the OECD area. According to the OECD, the consumer price index (CPI) rose to 10.3% year-on-year in June 2022, after 9.7% in May 2022. This is the largest price increase since June 1988. Year-on-year inflation, again impacted by rising food and energy prices, increased in all countries except Germany, Japan, and the

MAXIS Global Benefits Network (MAXIS GBN) in July 2022 announced a new partnership with Further Group, a global leader in the design and development of equitable and affordable health insurance solutions. Further will be offering its innovative Critical Advantage solution to MAXIS GBN’s multinational clients. By selecting to work with Further, multinationals will be able to offer their people treatment, outside of their home country, at medical centres of

Allianz Global Corporate & Specialty SE (AGCS) in July 2022 announced it had merged its captive solutions team into its multinational business. AGCS’s multinational business provides ART (alternative risk transfer), global programs, captive fronting, and reinsurance to large and mid-sized companies as far as P/C coverage is concerned. Guy Money, previously global head of product at AGCS, is the new global head of multinational business. He is based in

James Sharpe in July 2022 was promoted to Vice President, Benefits, M&A and Mobility at U.S. publishing firm Wiley, based in New York, N.Y. He previously was Senior Director, HR M&A and Global Mobility, also at Wiley. Earlier, he was Director, Global Services and Solutions – M&A ; Global Benefits Consultant; and Consultant (the latter position based in London, U.K.) at Willis Towers Watson. He started his career as