AXA in July 2018 announced its business insurance operations would trade under the new AXA XL brand once the acquisition of XL Group is completed. The master brand AXA remains untouched. AXA XL will combine existing P&C commercial lines and specialty risks into a new entity. It will include four main business units: XL Insurance, XL Reinsurance, XL Art & Lifestyle, and XL Risk Consulting. The new entity will

Digital insurance company ONE in July 2018 entered into a new joint venture with Swiss geolocation experts Axon Vibe, and Munich Re. The joint venture, called “ONE Coach,” is poised to use encryption technology, a novel approach, within the insurance domain. ONE is based in Vaduz, Liechtenstein, and operates in the German market. After launching in February 2018, ONE has become the fastest-growing digital insurance company in Europe. Using

The setup of a business in Luxembourg will result in the migration of employees from the United Kingdom. This will be cause for changes in their professional and personal lives, such as new remuneration packages, changes in employment contracts, tax and social security, family assistance plans for housing, school, etc. Using the Brexit model as an example, we can explain what happens in terms of social security and occupational pension schemes for employees (not all of whom are from the UK) who are migrating to Luxembourg.

Swiss Re’s annual sigma report on premium volumes and growth trends for 2018 reveals that global life premiums increased to roughly USD 2.7 trillion in 2017, while global non-life premiums rose to about USD 2.2 trillion, while growth in both the life and non-life sectors slowed, partly due to falling life premiums in advanced markets such as the U.S. or Western Europe. Nevertheless, emerging markets remain an important driver