Insurers committed to making bigger impact on mental health & more…Keep up with what has been happening this week in our latest actuary news round-up…

Insurers committed to making bigger impact on mental health

Globally, poor mental health afflicts close to a billion people.1 Incidents of mental illness soared during the pandemic due to social restrictions, isolation and increased financial insecurity. The cost-of-living crisis, effects of climate change and other destabilising factors are set to exacerbate mental health risk and its impact on societies and economies.

Citrus DB Master Trust completes buy in with L&G

The Citrus Pension Plan, one of the UK’s leading DB Master Trusts, has confirmed they have completed a c£6.5m buy-in with Legal & General for the Amey Services Section of the plan.

Broadstone agrees to acquire H&C Consulting Actuaries

Pensions, employee benefits, and investments consultancy Broadstone has agreed to acquire H&C Consulting Actuaries, for an undisclosed fee. The independent firm of consulting actuaries will bolster Broadstone’s footprint in the North of England, as it looks to expand its UK presence with a string of acquisitions.

Montoux’s actuarial automation platform now available in AWS Marketplace

Montoux, the actuarial automation platform of choice for the world’s most effective actuaries, today announced its actuarial automation platform is now available for purchase in AWS Marketplace, a curated digital catalog that makes it easy for customers to find, buy, deploy and manage third-party software and services on Amazon Web Services (AWS).

Region’s reinsurance reeling after earthquakes

The two earthquakes that recently devastated south-east Turkey and northern Syria are likely to set back the region’s reinsurance industry for years, according to credit agencies.