Negotiating Across Cultures Sir Richard Lewis and Michael Gates The Promise of More to Come: U.S. Benefit Captives on the Verge of a Breakthrough Peter Bandarenko How CEOs should be Paid: Beware vesting periods! Alex Edmans Banker’s Bonuses: French Legal Aspects Stéphanie Le Men Interview Bruno Gabellieri, Secretary General AEIP: Expert facilitator serving European ideals
Does it still make sense for a multinational company’s employee benefits plan to deal with 28 different social and tax legislations in the EU? Does it make sense for a multinational company to set up as many employee benefits plans as the number of the EU countries in which it operates? Plausibly, the answer is no. Yet that is exactly what happens in the European Union — and for
Swiss Re has appointed Urs Baertschi to the new position of President of Reinsurance, Latin America, reporting to Swiss Re Americas President and CEO Eric Smith and joining the company’s Americas Management Team. The appointment is effective January 1, 2016. Baertschi will split his time between Bogota, Mexico City, Miami and Sao Paulo offices. Previously, Baertschi was Managing Director, Head Principal Investments & Acquisitions Americas for Swiss Re and
From the October 2015 Baden-Baden Reinsurance Meeting. The consolidation of the reinsurance industry that is being observed in 2015 apparently is driven by capacity overload, successive years of rate declines and persistently falling profitability. But are mergers and acquisitions (M&As) the right answer? Of course, sheer scale matters but the upside of better mutualization hits its limits fairly quickly and unmanaged diversification is fraught with dangers. In fact, new