Keep up to date with the latest actuarial news in our weekly round-up…
UK businesses stash cash as Brexit gloom deepens – Deloitte
A growing number of British-based businesses are prioritising cash flow, fearing a downturn, as their view of the long-term economic impact of Brexit has darkened to its most negative so far, accountancy firm Deloitte said on Monday.
Government urged to tackle ‘social inequalities; caused by state pension reforms
The government is being urged to draw on examples from other countries when it comes to implementing state pension reforms; without causing further social inequalities. As it was found the current UK reforms have the potential to ‘exacerbate inequalities ‘
WTW partnership targets societal resilience against emerging forms of warfare
Global insurance and reinsurance broker Willis Towers Watson has partnered with British defence and security think tank the Royal United Services Institute (RUSI) on a four year-long programme designed to strengthen societal resilience to emerging forms of warfare.
France’s AXA provided insurance cover for two Notre-Dame contractors
French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame’s restoration prior to the blaze that devastated the cathedral.
Mercer parent completes $5.6bn JLT acquisition
Marsh & McLennan Companies (MMC), the parent company to investment consulting company Mercer, has completed the $5.6bn acquisition of Jardine Lloyd Thompson (JLT).
Ethiopian crash could be largest non-war aviation reinsurance claim – Willis Re
Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft, could be the largest non-war aviation reinsurance claim on record, Willis Re has said.
