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Canada Life Reinsurance, a provider of innovative reinsurance solutions worldwide, has entered into a long-term reinsurance agreement to cover the longevity risk on £1.7 billion in liabilities for approximately 7,500 pensioner members of the Marsh & McLennan Companies (MMC) UK Pension Fund. The transaction was written by the Barbados branch of Canada Life via a reinsurance agreement with captive insurance cells managed by Marsh Guernsey. Canada Life is part
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Swiss Re in February 2019 reported it had realized an overall full-year net income of USD 421 million in 2018. The result includes estimated large claims of USD 3.0 billion, net of retrocession and before tax, which significantly affected both Property & Casualty Reinsurance (P&C Re) and Corporate Solutions’ segment earnings. In addition, an estimated pre-tax USD 599 million impact due to a change in US GAAP accounting guidance

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Global broker Marsh & McLennan Companies (MMC) in February 2019 announced the appointment of Martine Ferland as President and Chief Executive Officer (CEO) of Mercer. Ferland reports to MMC President and CEO Dan Glaser and joins the company’s Executive Committee. She joined Mercer in 2011 as Retirement Business Leader for Europe and Pacific regions.  She then served as Europe and Pacific Region President and Co-President, Global Health, before being

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The European Insurance and Occupational Pensions Authority (EIOPA) has issued recommendations for the insurance sector in case the United Kingdom (UK) withdraws from the European Union without a withdrawal agreement.

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Great podcast with OECD Head of Social Policy, Monika Queisser, on social protection for gig workers. A great overview of the issues at hand.
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