Google parent Alphabet in August 2018 invested  $375 million in InsurTech Oscar Health, giving Alphabet a 10 percent share in Oscar. Google employee and former CEO Salar Kamangar joins the board of directors. Google had previously invested in Oscar through its Capital G investment fund and Verily health and life sciences research unit. An earlier $165 million round in March 2018 valued the company at around $3 billion; the

Employers with operations in the U.S. should not underestimate current difficulties in hiring workers. Gad Levanon, chief economist for North America at The Conference Board, in August 2018 commented on the U.S. Bureau of Labor Statistics Employment Situation Report. “The [U.S.] labor market is tightening with the unemployment rate declining by 0.1 percentage points and the broader U-6 measure dropping by 0.3 percentage points.” The U.S. unemployment rate fell

Issiah Sakhabuth in August 2018 joined Mercer as a Principal in the Multinational Client Group based in London. Issiah worked previously for Aon as a Principal Consultant in the International Retirement Practice and for KPMG as a Senior Manager in the Tax & Pensions Practice, after beginning her career as an actuarial trainee for Lloyds Banking Group. She has extensive experience in advising companies on their international retirement and

AIG in August 2018 announced the appointment of Thomas Lillelund as CEO of AIG Europe, based in Luxembourg and reporting to Chris Townsend, CEO, International General Insurance. He will be responsible for Continental Europe and Ireland. Anthony Baldwin, now CEO of AIG Europe Limited, will become CEO of AIG’s new UK entity, American International Group UK Limited, and will continue to report to Townsend. Headquartered in Luxembourg, AIG Europe