Retirees allege the agreement violated their fiduciary duties. Bristol-Myers Squibb Co is facing a class-action lawsuit over a $2 billion pension risk transfer agreement negotiated […]
Month: September 2024
SCOR Report Explores Ideal Solvency Ratios for Insurers
What is the appropriate risk-to-capital balance? SCOR’s most recent report digs into the best solvency ratio for insurance businesses, focussing on the essential balance of […]
$144.7 Billion Forecast for Benefits Administration Market by 2028
Rising utilisation of automation and cloud solutions to support growth Technavio predicts that the global benefits administration service market would rise by $144.7 billion between […]
MAS Tightens Oversight on Reinsurance Contracts
Insurers face audits due to IAIS issues. According to industry insiders, the Monetary Authority of Singapore (MAS) is increasing its inspection of Singapore insurers, particularly […]