Posts Tagged

2017

Conference Organizers, please send information about your events by email to the Editor. Publication is free at this time and remains at the discretion of the publisher. For the avoidance of doubt, the date format is Day/Month/Year. Organized by Event Begins Location Click here AEIP AEIP Annual Conference, Brussels, Belgium, 6 November, 2019 06/11/2019 Brussels, Belgium Link Lockton Lockton Global Forum, Singapore, 4-5 July 2019 04/07/2019 Singapore, Singapore Link

IGP will host its annual global employee benefits seminar in Dublin, Ireland, 21-23 May 2019. Registrations will open in December 2018. In the course of 2.5 days,  the network will be offering a mix of country panels by local experts from all around the globe (a choice out of more than 30 countries), regional Q&A sessions and plenary sessions with guest speakers. Plenty of peer-to-peer networking opportunities are available

Insurer – Country of Destination – Date Announced – Source MS Amlin – Brussels – 28 June 2017 – Press release Lloyd’s of London – Brussels – QBE – Brussels – CNA Hardy – Luxembourg – RSA – Luxembourg – AIG – Luxembourg – FM Global – Luxembourg – Hiscox – Luxembourg – Liberty Mutual, Special Markets – Luxembourg – Admiral – Dublin – Beazley – Dublin – Chesnara –

CNA Hardy, a commercial insurer operating within the Lloyd’s market, in August 2018 was granted its insurance license by the Luxembourg regulator, Commissariat aux Assurances (CAA). It is to write business across continental Europe from Luxembourg through a network of offices in Belgium, Denmark, France, Germany, Italy, the Netherlands, but also through its Lloyd’s of London platform. The company had announced in June of 2017 that it would set

Conference Organizers, please send information about your events by email to the Editor. Publication is free at this time and remains at the discretion of the publisher. For the avoidance of doubt, the date format is Day/Month/Year. Organized by Event Begins Location Click here Lockton Lockton Global Benefits Forum, London, 13-14 June 2018 13/06/2018 London, UK Link ABA/CBA/IPEBLA CBA/ABA/IPEBLA Global Pension and EB Lawyers Conference, Boston, 10-12 June 2018

CNA Hardy, a commercial insurer operating within the Lloyds market, in January 2018 appointed Stuart Middleton as CEO of its subsidiary in Luxembourg. The company had announced in June of 2017 that it would set up a subsidiary group in Luxembourg ahead of Brexit. Middleton joined CNA Hardy in October 2017 as head of small business, coming from leadership roles such as Chief Underwriting Officer for Europe at Hiscox,

Aviva, the UK’s largest general insurer and a leading life and pensions provider, in January 2018 announced its intention to withdraw from the international private medical insurance (iPMI) market, following a strategic review which found that iPMI “is not central” to the company’s focus on growing its health business in the UK. As of 1 May 2018, existing iPMI customers will be able to continue coverage by accepting a

‘Why is it so unpopular,’ the editorial asks, ‘to work longer even among people with longer life expectancy and in good health? Is the proposition of retirement and leisure so much more attractive than work, even if working longer is rewarded with higher pensions? Does it perhaps make no economic sense to work longer? Or are people being pushed out of work by their employers who do not see

Aetna in November 2017 sold its group life and disability insurance and absence management business to The Hartford for $1.45bn. Life and disability was the only non-health insurance related part of the business remaining after Aetna cut its property casualty insurance business in the mid-1990s. It only brought in about $2bn in premiums in 2016, while Aetna recorded $63.1bn in total revenue, and healthcare premium revenues reached $54.1bn. The

The Centers for Disease Control and Prevention (CDC) estimates that between 291,000 and 646,000 people worldwide will die from seasonal influenza-related respiratory illnesses each year, higher than a previous estimate of 250,000 to 500,000. These findings are based on a multinational survey from a collaborative study by CDC and global health partners. The study appeared in a December 2017 issue of The Lancet. The new estimates, which exclude deaths

SunCorp Group, one of Australia’s largest financial services institutions, announced in October 2017 that they have named Gary Charles Dransfield as Chief Executive Officer, Insurance. Mr. Dransfield has been with Suncorp since August 2009, first as Executive General Manager for Personal Insurance Retail Distribution, and then as Chief Executive Officer Vero New Zealand in April 2011, Chief Executive Officer Personal Insurance in October 2015. He most recently filled the

Lloyds Banking Group, the parent of Scottish Widows, in October 2017 announced a deal wherein it will buy Zurich UK’s workplace pensions and savings business in Q1 of 2018. The combined deal would place Scottish Widows as the UK’s third largest workplace savings provider. Zurich will get exclusive distribution rights for group life protection to certain corporate clients of Lloyds’ commercial banking business, while broadening Scottish Widows’ offering in

The Organisation for Economic Development (OECD) has released a report that provides ‘a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing increasingly prevalent risk’. The report, based on questionnaire responses culled from insurers, reinsurers, and brokers active in the global market, as well as the ministries of finance and insurance regulators responsible for overseeing that market, identifies the growing cyber risk

Willis Towers Watson (WTW) in October 2017 announced that it has appointed Neil B. J. Irwin as the new leader of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region, reporting to Adam Garrard, WTW’s head of International. Irwin will also act as head of Corporate Risk and Broking for CEEMEA. The CEEMEA is a diverse and high-growth region with around 2,300 WTW employees in more than

Pensions at a Glance 2017, a new report issued in December 2017 by the OECD, warns that further reforms are needed across OECD countries to mitigate the impact of population aging, increasing inequality among the elderly and changing the nature of work. The OECD also says that public spending on pensions for the OECD as a whole has risen by about 1.5% of GDP since 2000; however, the pace

Engineers at Cornell University have developed a simple method for gathering a patient’s vital signs using radio waves. Radio Frequency Identification (RFID) tags use low-power radio frequencies and are similar to the anti-theft tags we find in department stores. These ‘passive’ RFID tags require no batteries, and can transmit information such as heart rate, blood pressure, and breathing rates from multiple patients simultaneously. By measuring internal body motion, such

Deloitte in December 2017 released three reports discussing potential developments in the insurance industry for 2018 and beyond. 2018 Insurance Industry Outlook – Industry trends, strategies to stay competitive Page with link to report 2018 U.S. Insurance Regulatory Outlook – Forging ahead amid uncertainty Page with link to report IAIS update: 2017 annual meeting – Insurance supervisors focus on risk and regulatory standards Page with link to report The

The RIMS-Certified Risk Management Professional certification (RIMS-CRMP), is now the only certification program in the world to hold accredited status, RIMS announced in December 2017. RIMS-CRMP received official accreditation by the American National Standards Institute (ANSI) under ISO/IEC 1702:2012. ANSI accreditation signifies that the Institute recognizes the competence of RIMS to carry out certification activities in accordance with requirements defined in International Standards and confirms approval by government and

Sleep technology firm Shleep in December 2017 announced plans to showcase its neuroscience-driven sleep application at CES 2018. Available on iOS and Android mobile devices, Shleep is a fun, easy to use, science-based sleep coaching app that helps people change their behavior to improve sleep. Poor sleep has many negative effects More than a third of American adults are not getting enough sleep on a regular basis and, as

The Organization for Economic Cooperation and Development’s report, Technology and Pensions, was released in December 2017, providing an overview of how technology (FinTech) is being used to improve pension design and delivery and how regulators are managing these changes. The report comes after a discussion on the challenges that regulators face to support FinTech from a roundtable held at the G20/OECD Task Force on Financial Consumer Protection meeting held

Governments in Paris, Berlin, London, Madrid, and Rome sent a joint letter to U.S. Secretary of the Treasury Steven Mnuchin in mid-December 2017 warning him of the risk of tax treaty violations arising from the tax reform under discussion in the United States. If Donald Trump is relying heavily on the tax reform submitted to Congress in autumn − to rebuild his image − he is sending shudders through

Randstad North America, a global provider of HR services, in December 2017 released its 4th Quarter Talent Trends Quarterly, an analysis of current hiring and workplace trends that will impact the U.S. workplace in 2018 and beyond. The report opens with a warning to human capital and business leaders: ‘embrace change to (their workforce’s) advantage or potentially fall behind’, and recommends that employers ‘become more agile, open, and flexible

The Organization for Economic Development (OECD), in December 2017 released a new report, Robo-Advice for Pensions, which looks at the rising trend of technological innovation in finance, specifically the robo-advice model. This model has been proposed as one potential solution for helping individuals manage pensions and invest for retirement. Essentially, ‘robo-advisors’ propose to make investing more affordable and accessible for consumers by relying on user-friendly digital platforms, algorithms, and

New Wage, Workplace, and Cannabis Laws Spell Dynamic 2018 for Canadian Employee Benefits (WBN Series), by Tim Witchell A Single Workout Could Save Your Life, by Dick Thijssen CVS Merger With Aetna: Healthcare Cure or Curse? by Sharona Hoffman Shaming People About Their Lifestyles Does Nothing To Improve Their Health, by Luna Dolezal and Barry Lyons

New Wage, Workplace, and Cannabis Laws Spell Dynamic 2018 for Canadian Employee Benefits (WBN Series) Tim Witchell A Single Workout Could Save Your Life Dick Thijssen CVS Merger With Aetna: Healthcare Cure or Curse? Sharona Hoffman Shaming People About Their Lifestyles Does Nothing To Improve Their Health Luna Dolezal, Barry Lyons

Swiss Re in December 2017 announced the appointment of John Dacey, who is currently the group’s Chief Strategy Officer, to replace David Cole, who is stepping down as Chief Financial Officer, effective 1 April, 2018. Dacey, who holds a Bachelor of Arts in Economics from Washington University and a Master’s degree in Public Policy from Harvard University, joined Swiss Re in 2012, after serving as Group Regional CEO and

Cigna in December 2017 announced the appointment of Thien Brechon as Senior Sales Director France. She is responsible for leading the organization’s expanding health insurance services for globally mobile employees and works in partnership with Nicolas Redant, Sales Director for France, Belgium, Luxembourg and French-speaking Switzerland. Specifically, Brechon is tasked to develop Cigna’s presence in France. She will lead initiatives to provide personalized healthcare products and services for globally