Mercer launch free Financial Well-being hub & more…Keep up with what’s been happening this week in our latest actuary news round-up…

Demand for buy-in buy-out pension schemes to average £37bn for the next 10 years

New analysis from Hymans Robertson suggests that there is a demand for buy-in buy-out pension schemes; which is set to average £37bn a year, with around 50% of pension schemes reaching buy-out in the next 20 years.

Global insurance group, Tokio Marine HCC acquires GCube

US global insurance speciality group, Tokio Marine HCC has signed an agreement to acquire GCube, a leading renewable energy risks specialist. The agreement is still expected to officially close in the second quarter of 2020.

Mercer launch free Financial Well-being hub

Amidst the economic crisis happening right now; consultancy firm, Mercer has launched a free-to-use to help employers and their employees through these difficult times. The hub aims to provide practical information for employers to help their employees maintain their financial well-being.

Aviva pledges £5m to NHS Charities Together

Insurer, Aviva, has pledged a donation of £5m to NHS Charities Together. The donation will help support the NHS in welfare and wellbeing of the employees, volunteers and patients; mental health support for NHS workers and assistance for patients leaving the hospital.

Energy industry risk landscape to transform due to climate change and ESG

Willis Towers Watson, a risk management, insurance brokerage and advisory company, has stated in their annual Energy Market Review that Environmental Social Goverance (ESG) and climate change will transform the energy risk sector.