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The announcement that CVS Health has purchased Aetna, referred to in our earlier news item, was made on Sunday, 4 December 2017, laying to rest months of rumor and speculation. The acquisition sets the stage for a new type of company that will include a health insurer, a retail pharmacy, and a pharmacy benefits manager that negotiates prescription drug prices with drug-makers. The announcement comes at a time when

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Lockton in March 2019 named Claude Yoder as partner, along with Guy Carpenter and Nick Durant, of its new company, Lockton Global Re, as of May 2019.  Yoder, an experienced analytics expert, will be based in New York. Yoder joins from Guy Carpenter, where he was Chief Innovation and Product Development Officer, after serving as Global Head of Analytics for Marsh. He holds a Bachelor of Arts degree in

American International Group (AIG) in March 2019 announced the appointment of Betsy Palmer as Senior Vice President and Chief Marketing Strategy, Communications and Industry Leadership Officer, AIG Life & Retirement. She will be based in New York and will report to Kevin Hogan, Chief Executive Officer, Life & Retirement, as a member of the Life & Retirement Executive Team. Ms. Palmer will assume responsibility for all marketing, communications, stakeholder

Insurance Europe in March 2019 published a checklist regarding the insurance implications of a no-deal Brexit. Insurance Europe is the European insurance and reinsurance federation, representing all types of insurance and reinsurance carriers. Intended for the general public but relevant for business travelers and short-term secondments, the checklist deals with: Motor insurance – Currently, motorists insured in any EU member state can drive their vehicle in any other EU member

Artex Risk Solutions, a provider of insurance, reinsurance, and alternative risk management solutions, in March 2019 announced that Peter Mullen has re-joined the company as Chief Executive Officer (CEO). He takes over from former CEO David McManus, who will assume the new role of Chairman going forward. Mullen has been CEO at Aon Captive & Insurance Management for the last seven years, and will begin his position with Artex
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