Zurich Insurance in January 2022 announced the sale of an Italian life and pension portfolio to Portuguese carrier GamaLife – Companhia de Seguros de Vida. The stated purpose is to reduce Zurich’s solvency requirements and free up capital. The amount of the transaction has not been disclosed, but the press release states that the Solvency Capital Requirement under Swiss solvency rules will “decrease by approximately $1.2 billion.” and that

Global actuarial and consulting firm Milliman in January 2022 announced the appointment of Dermot Corry as its new chief executive officer, effective 1 January 2022. Corry, who is the first professional from outside the United States to be elected Milliman’s CEO, succeeds Stephen White, who is retiring. Corry currently is a Principal of Milliman’s Dublin, Ireland office and has served as the firm’s global life and financial services practice

A member of the “YES” project, German insurance carrier SOKA-Bau on 18 January 2022 organizes an online workshop about the “Challenges of Posting in the Construction Industry”. SOKA-Bau is the umbrella brand of two paritarian institutions serving the construction industry: the Vacation and Wage Compensation Fund of the Construction Industry (Urlaubs- und Lohnausgleichskasse der Bauwirtschaft, ULAK) and the Supplementary Pension Fund of the Construction Industry (Zusatzversorgungskasse des Baugewerbes, ZVK).

The Worldwide Broker Network (WBN) in December 2021 announced the appointment of Alan Fergusson as Global Employee Benefits Practice Leader, reporting to CEO Olga Collins. Fergusson has over 20 years of experience in the employee benefits sector. Prior to this appointment, Alan has been a consultant for WBN and has been associated with the network since 2012 evolving the E.B. strategy and participating on the Board of Directors from