Watchdog warns Australian companies to put cyber resilience first & more…Keep up with what has been happening this week in our latest IP news round-up…

L&G full buy in for Askews Retirement Scheme

Legal & General completes £11m deal securing the benefits of all 86 scheme members. Broadstone’s SM&RT Insure preparation enabled use of L&G’s streamlined proposition. Scheme will now proceed towards wind up

Institute denounces “misleading” climate advice to pension funds

Climate risk advice to pension funds is often misleading, uses flawed models and fails to communicate future uncertainty, according to recent research.

IFGL appoints Kelvin Revere as group actuary

Kelvin Revere has been appointed as the IFGL group actuary and the appointed actuary for RL360 Insurance Company and RL360 Life Insurance Company, with his new role taking effect from 31 December 2023.

Watchdog warns Australian companies to put cyber resilience first

Australia’s companies and directors must prioritise cyber resilience following a major incident earlier this month, according to the country’s markets regulator.

Global healthcare benefit cost increases projected to continue into 2024, WTW survey finds

High costs are likely to continue with nearly three in five insurers expecting larger increases over the next three years