Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced today it has completed a significant longevity reinsurance transaction involving an unnamed U.K. pension scheme, using an independent U.K. regulated insurer, Zurich Assurance […]
Summa Equity has raised 2.3 billion euros ($2.6 billion), reports Reuters UK, for Europe’s biggest-ever ‘impact’ fund, which is focused on helping meet the U.N.’s 17 Sustainable Development Goals. Insurers have staked millions into the […]
The latest case report from the HSE; HC-One Limited has been fined following an incident when a resident choked to death on a jam doughnut. Falkirk Sheriff Court heard that, on 7 August 2019, a […]
Global tax software leader Sovos has released its 13th annual Trends report, the industry’s most comprehensive study of global value-added tax (VAT) mandates and compliance controls. The report, “Trends Toward Global Continuous Transaction Controls,” is a […]
In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to decline in motor insurance premiums, finds GlobalData, a leading data and analytics company. Swarup Kumar […]
This year is set to be the biggest on record for pension scheme de-risking, with £65bn of bulk annuity and longevity swap transactions anticipated to complete, according to WTW’s (Willis Towers Watson’s) annual De-risking report. Bulk […]
National law firm Weightmans has invested in an artificial intelligence tool set to transform the handling of personal injury insurance claims, in a six-figure deal. The product, currently known as MatterLab, was developed by Weightmans’ […]
Comprehensive car insurance premiums have fallen by 6% (£36) during the last 12 months, with UK motorists now paying £539 on average, according to the latest Confused.com Car Insurance Price Index in association with WTW (Willis Towers Watson, NASDAQ: […]
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