To maintain a “stable corporate structure and capital flexibility” within the European Union, Aon has moved its parent company’s domicile to Ireland, effective April 1, 2020. The New York-listed company had announced its intent to move after the UK’s decision to leave the European Union in October 2019 and was awaiting approval from the Central Bank of Ireland, even though the company would not be a regulated entity. Aon

The French Prudential Supervision and Resolution Authority (ACPR) in January 2020 approved a reinsurance captive in France for payment solutions provider Worldline. The approval marks the first in almost 20 years, and only the fourth reinsurance captive in France. Worldline chose France as a jurisdiction based on the advice of Willis Towers Watson (WTW), which supported Worldline throughout all aspects of the process, from the initial opportunity study to

With the implementation of the EU’s IORP II Directive, Aon in December 2019 announced it would stop offering its United Pensions solution for cross border pension solutions. Aon Retirement and Investment, Netherlands, CEO, Frank Driessen, explained that while existing Dutch United Pension clients will not be affected, there is a great deal of uncertainty and mistrust around cross-border pension transfers. What has been a thorn in the side of

Since the beginning of the 2019-2020 COVID-19 pandemic, a great wealth of information has been made available to the general public as well as to human resources professionals. GBV has no particular expertise in epidemiology, the treatment of people affected by COVID-19, or the socioeconomic impact of the pandemic, and therefore refrains from adding to the noise component of what is now on offer. Nevertheless, the editorial team here