Massachusetts Mutual Life Insurance Company (MassMutual) in August 2017 sold its Hong Kong-based subsidiary, MassMutual Asia, to Yunfeng Financial Group and other Asia-based investors for approximately $1.7 billion, including a 24.8% stake in Yunfeng Financial Group. MassMutual Asia owns a P/C insurer and MassMutual Trustees, which focuses on the Mandatory Provident Fund business, a compulsory pension plan for the retirement of residents in Hong Kong. According to the joint

After acquiring Norwegian insurer Gjensidige’s marine and energy portfolio in February 2016, U.K.-based Compre in August 2017 acquired its U.S. asbestos, pollution and health hazard risks, marking Compre’s fifth acquisition in 2017 and the 25th overall. At this time and according to its 2016 SFCR (Solvency and Financial Condition Report), Compre appears to be active in P/C risks only, including general liability, casualty, and marine, aviation and transport. Gjensidige

A woman from British Columbia, Canada, was issued a lifetime ban at the U.S. border after U.S. Customs & Border Protection (CBP) officials found an email conversation with her doctor on her smartphone that indicated she had survived a fentanyl overdose. Fentanyl is a powerful opioid pain medication that sometimes is illicitly manufactured and used as a recreational drug, causing many overdose deaths. The 28-year-old woman did not have

– “Are you prepared for the future of work?” This is the question addressed in the July 2017 issue of the Deloitte University Press Review, studying trends that are shaping the future of work – from new talent models, cognitive tools and augmented reality, to the gig economy and more – and how companies and employees alike can take action to define what’s next. “Future of Work” refers to