Overview of OECD Inflation Trends in August 2023 The OECD (Organisation for Economic Co-operation and Development) has released a detailed report, providing an in-depth analysis of the inflation trends observed across its member countries in August 2023. The report reveals a notable increase in the year-on-year inflation within the OECD, which ascended to 6.4% in August 2023, up from 5.9% in July 2023. This inflationary trend was witnessed in

Aegon N.V., a notable entity in the financial and insurance sector, has embarked on a pivotal journey, aiming to shift its legal domicile from the Netherlands to Bermuda, as elucidated in their Shareholder Circular dated September 29, 2023. This strategic move, which is set to be voted upon at the Extraordinary General Meeting of Shareholders, is not merely a geographical shift but is embedded with intricate financial, regulatory, and

In 2022, U.S. insurance companies witnessed a deceleration in private equity investments, marking a mere 3.3% increase to reach $132.0 billion, following a stellar growth trajectory in the preceding year, as per a recent report by AM Best. The detailed insights of this financial shift are encapsulated in AM Best’s Special Report, titled “Growth in Insurers’ Private Equity Investments Slowed Significantly in 2022,” which can be accessed here. Life/annuity

In a pivotal announcement at the recent broker conference in London, Eric Maumy, CEO of the insurance distribution titan, APRIL Group, and its subsidiary APRIL International UK, unfolded a bold three-year growth blueprint, particularly spotlighting the International Private Medical Insurance (IPMI) division. The strategy, meticulously crafted, is not merely a response to the current market dynamics but a forward-thinking approach to harness both the UK and global markets with