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Working millenials not saving enough for their retirement

“While it could be assumed that millennials have plenty of time to save for retirement, they have to shoulder more responsibility than their parents and grandparents to do so, Compared to older generations, millennials are less likely to have employer-provided pension or defined benefit retirement plans. Additionally, millennials are likely to live longer,” said Rui Yao, associate professor at University of Missouri.

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Axa in Advanced Talks to Buy U.S. Insurer XL Group

Buying XL, which sells insurance to other insurers, would bolster Axa’s casualty coverage business in the U.S., and mark the biggest insurance deal since 2015, according to Bloomberg data. Such firms have become ripe takeover targets as policy prices begin to increase after firms booked heavy losses last year due to a spate of natural disasters.

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RMS appoints Karen White as CEO

Karen White is an accomplished and highly capable leader in the technology industry, having served for more than 25 years as an executive and investor. White has significant experience bringing technology, innovation, data and operations together to build and scale businesses.

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Willis launches cyber cover for aviation business

“Willis Towers Watson Aerospace Cyber Guard is part of our integrated approach to advising companies on how to manage their cyber risks, operate more confidently in this unchartered territory and ultimately protect their brand,” said Jason Saunders, president, Willis Towers Watson Aerospace, North America.

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