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Aon / WTW unveil new Executive Committee for combined entity

Ahead of the proposed combination of global insurance and reinsurance brokerages, Aon and Willis Towers Watson (WTW), the companies have announced the new leadership team, led by Greg Case as Chief Executive Officer (CEO).

Aon-willis-towers-watson-logosIt was confirmed in March of 2020 that the pair had reached an agreement to combine in an all-cash transaction with an implied combined equity value of approximately $80 billion.

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Medicare Supplement – A Growing but Challenging Market

The number of Medicare beneficiaries continues to grow every year, and this growth creates an expanding Medicare Supplement opportunity. Medicare Supplement is now a $34 billion market, with new sales in 2019 reaching $4.8 billion. This growth along with low barriers to entry has certainly caught the attention of many carriers in the U.S. and convinced them to enter the market.

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Cigarettes – Why One-a-Day Won’t Keep the Doctor Away

Many smokers of five-a-day or fewer cigarettes, or those who have cut down while trying to stop, believe the occasional cigarette causes them little or no harm. Dual users of vaping products and tobacco also imagine their lowered intake of smoke reduces their risk of smoking-related disease to negligible levels. Unfortunately, their sense of low risk is misplaced. This explains why Life insurers insist on higher premiums for people who smoke only infrequently or who disclose very low daily consumption.

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Swiss Re’s Mumenthaler confident in 2050 net zero target

Swiss Re CEO Christian Mumenthaler has said he has “high hopes” that companies in the World Economic Forum’s (WEF) Alliance of CEO Climate Leaders can reach their target of net zero carbon emissions by 2050.

christian-mumenthalerSpeaking in an interview with CNBC, Mumenthaler explained that the hardest challenge of the net zero pledge would involve getting the upstream and supply part of the value chain to meet carbon targets.

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