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The Organization for Economic Cooperation and Development (OECD) in December 2022 released its latest inflation figures. According to the OECD, year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) rose to 10.7% in October 2022, from 10.5% in September. Similarly to the previous month, double-digit inflation was recorded in 18 out of 38 OECD countries, with the highest rates observed in Estonia, Hungary, Latvia, Lithuania and

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The insurance realm is undergoing a transformative phase, spurred by digital advancements. These digital shifts not only pave the way for innovative growth and efficiencies but also introduce new risk dimensions. A notable outcome of this digital evolution is the surge in companies’ intangible assets, particularly digital data. However, this digital reliance also exposes these assets to threats like cyberattacks and business disruptions. Swiss Re Institute‘s recent sigma study,

Leading global professional services company, Marsh McLennan (NYSE: MMC), specializing in risk, strategy, and human capital, has announced the appointment of Pat Tomlinson as the new President of Mercer. Mercer, a pivotal arm of Marsh McLennan, focuses on revolutionizing the work landscape, optimizing retirement and investment results, and promoting genuine health and well-being. Martine Ferland will continue her role as Mercer’s CEO and Marsh McLennan’s Vice Chair, supervising Mercer’s

Bharti Life Ventures is on track to secure full ownership of Bharti AXA Life Insurance Company. On Wednesday, Bharti Group announced a definitive agreement to purchase AXA’s 49% share in the life insurance entity. This move follows the 2020 decision by Bharti and AXA to integrate Bharti AXA General Insurance with ICICI Lombard and AXA’s subsequent departure from ICICI Lombard’s shareholder list. The deal is anticipated to finalize by

APRIL International, a leading French and global health insurance provider, is proud to share its recognition as the Top International Individual Health Insurance Provider at the Health & Protection Awards 2023. This distinguished honor complements the firm’s growing list of accolades, including a consecutive 5-star service rating in the 2023 International Private Medical Insurance Report by Health and Protection. Recently, APRIL International held its debut broker conference in London.
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