Keep up with what’s been happening this week in our actuarial news round-up…

 

No-deal bill a ‘chink of light’ for business

Progress in passing a bill to stop a no-deal Brexit in parliament has been a “chink of light” for UK business, according to the head of Confederation of British Industry (CBI).

Insurers urged to offer on-demand policies as InsurTech funding soars

Insurance firms can no longer rely on their brand names to retain customers  and should offer instant, flexible and digital quotes, a leading data analytics company has said.

Pension changes will leave university staff £240k worse off – study

University staff will be more than £200,000 worse off under new pension arrangements as a result of rising contributions and reduced benefits, according to analysis for the University and College Union.

Willis Re: Total reinsurance capital up by 8%

Total capital dedicated to the global reinsurance industry reached $559 billion in the half-year point of 2019, up 8% from the year-end 2018, according to Willis Re’s latest Reinsurance Market Report.

Willis Towers Watson to host first airport conference offsetting carbon emissions

Willis Towers Watson will hold the first ever Airport Risk Community (ARC) conference offsetting the event’s carbon emissions.

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