Reto Toscan, who oversaw the rapid rise of elipsLife from only 7 employees in 2011 when he joined, to 300 in 2019 and USD 500 million of premium in the employee benefits space has been succeeded in December 2019 by industry veteran Christoph Gaus. Gaus, who joined elipsLife from Zurich Insurance Group and Swiss Mobiliar Insurance Company, where he held senior roles, has more than two decades’ experience in

Aspen Pharma Group has promoted Peter Gasteiger to Head of HR, International Region, as of October 2019. Gasteiger will remain based in Munich. Gasteiger has been with Aspen Pharma Group for over five years. He joined the company as Head of HR for Europe in December 2013 and held that position until his promotion. He came to Aspen from Sandoz, where he was Global Head HR Antiinfectives, and Head

Obesity-related diseases will claim more than 90 million lives in OECD countries in the next 30 years, with life expectancy reduced by nearly 3 years. Obesity and its related conditions also reduce GDP by 3.3% in OECD countries and exact a heavy toll on personal budgets, amounting to USD 360 per capita per year, according to a new OECD report published in November 2019. The OECD’s The Heavy Burden

The United Nations Conference on Trade and Development (UNCTAD) released its latest Global Investment Trend Monitor as of October 2019. Report highlights include: Global foreign direct investment (FDI) flows in the first half of 2019 were 24% higher than in the first half of 2018. However, the underlying FDI trend (removing the effects of one-off transactions and intra-firm financial flows, including repatriations driven by the 2017 US tax reforms)