Air India crash to harden aviation reinsurance market & more…Keep up with what has been happening this week in our latest IP news round-up…

Air India crash to harden aviation reinsurance market

The crash of Air India flight AI171 earlier this month is expected to have ripple effects across the aviation insurance market and have a significant effect on (re)insurers in India and globally, according to a data analyst.

Oliver Wyman to acquire Validate Health, expanding healthcare analytics capabilities

Oliver Wyman, a management consulting firm and part of Marsh McLennan, has announced an agreement to acquire Validate Health, a healthcare analytics company that supports healthcare providers and Accountable Care Organisations (ACOs) in improving cost management, risk assessment, and operational performance.

Olowo seeks collaboration, actions to build actuarial professionals

The Executive Secretary and Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), Dr Rabiu Olowo, has called for urgent and coordinated efforts to deepen actuarial capacity and embed resilience in Nigeria’s financial systems.

Transfer Value Index hits third consecutive record low

XPS Group’s Transfer Value Index fell to a new month-end low in May 2025, the third consecutive monthly record. The Index fell to £137,000 during the month, matching the mid-month low seen in April 2025. This decline reflects small increases in gilt yields across the month, whilst future inflation expectations have remained stable.