In a recent report by AM Best, titled “Life/Annuity Reinsurers Remain Prepared for Growth,” global life reinsurers are seen weathering the storm of excess mortality with cautious optimism. Despite facing challenges due to elevated life claims, the industry appears poised for continued growth. The report, part of AM Best’s comprehensive analysis of the global reinsurance industry leading up to the Rendez-Vous de Septembre in Monte Carlo, highlights several key

Updated: September 5, 2023 The latest data from the OECD reveals that year-on-year inflation, as measured by the Consumer Price Index (CPI), saw a notable uptick, reaching 5.9% in July 2023. This represents an increase from the 5.7% recorded in June and marks the first rise since October 2022. The primary driver behind this increase in inflation was a sharp surge in inflation in Türkiye. However, when excluding Türkiye

Aon plc, a global professional services firm, has recently released its 2022-2023 Global Wellbeing Survey, shedding light on significant disparities in employee well being risks between the UK and other regions. The survey, conducted in collaboration with IPSOS, gathered insights from HR and reward leaders across 46 countries and various industries. Here’s an overview of the key findings and their implications. Mental Health and Burnout Take Center Stage Mental

In a strategic move to streamline its operations, German airline Lufthansa is reportedly considering the sale of its in-house insurer Delvag and insurance broker Albatros attracting significant attention in the aviation industry and financial markets. Lufthansa’s decision to explore the sale of these insurance subsidiaries comes as part of the company’s ongoing efforts to focus on its core aviation business. By divesting these non-core assets, the airline aims to