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Lance Henderson lance.henderson@zurichna.com Zurich Global Employee Benefits Solutions Head of Sales and Relationship Management Lance Henderson is based in Minneapolis, USA and Zurich, Switzerland and has over 30 years of experience in employee benefits 25 of them focused on international solutions. Lance joined Zurich in 2011. Prior to joining Zurich, Lance was with Allianz for over 11 years where he was responsible for the Allianz global benefits network in the
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According to early versions of the 2018 U.S. budget that in November 2017 is making its way through the legislative process, a new 20% excise tax is to be introduced. The tax shall apply to almost all payments made by U.S. companies to non-U.S. affiliates of the same group (an “international financial reporting group”: subsidiaries, parents companies, and sister companies). The tax will not be deductible from U.S. corporate

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KPMG International has undergone a few changes to its top-tier professionals, the first being the election of Bill Thomas to the position of Chairman, and the second being the appointment of Laura Hay to Head of Global Insurance. Thomas, 49, will lead the KPMG global network of professional services firms for a four-year term. He succeeds John Viehmeyer, who is retiring; he previously served as Chairman of KPMG’s Americas

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U.S. employer premiums rose an average of 6.6 percent in the first three fiscal quarters of 2017, according to the 2017 United Benefit Advisors (UBA) Health Plan Survey released on 26 October. This is a significant increase from the five-year average increase of 5.6%. Two states, Connecticut and New York, saw stunning increases of 24% and 14% respectively, while some states, such as Arizona and Washington, saw decreases of

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China in November 2017 announced it would lift the current foreign ownership cap for life insurance companies to 51 percent in 2020 and remove the limit altogether two years later. Other segments of the financial industry will see their limits relaxed even earlier. The limits for fund management companies and for securities ventures will be raised this year to 51 percent, then completely removed in three years, whereas banks
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