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UK's 'excess' death toll exceeds 70,000 for 2020

UK 'excess' deaths top 70,000 for 2020

UK deaths for this year have exceeded 2019 levels by more than 70,000, despite a slight decrease in recent weeks, the Continuous Mortality Investigation (CMI) has found.
Health care
23rd December 2020
Open-access content
£30bn of pension buy-ins and buyouts forecast for 2021

£30bn of pension buy-ins and buyouts forecast for 2021

The UK's bulk annuity market has completed £30bn worth of pension buy-ins and buyouts this year, and the picture is likely to be very similar in 2021, according to Willis Towers Watson (WTW).
Pensions
22nd December 2020
Open-access content
UK car insurers save over £4bn in 2020

UK car insurers save over £4bn in 2020

UK car insurers saved more than £4bn this year as a result of changes to driving routines caused by coronavirus lockdown measures, estimates by hello-safe.co.uk suggest.
General Insurance
21st December 2020
Open-access content
Weekly excess deaths remain high but stable, CMI finds

Weekly excess deaths remain high but stable, CMI finds

There were 12% more deaths in England and Wales between 28 November and 4 December 2020 (week 49) than there were during the corresponding week last year, which was equal to the rise seen over the previous seven days.
Health care
16th December 2020
Open-access content
Diversity and inclusion seen to boost pension scheme effectiveness

Diversity and inclusion seen to boost pension scheme effectiveness

The vast majority of UK pension schemes agree that greater diversity of workers and an inclusive culture improves decision-making and helps attract and retain talent, an industry survey has found.
Pensions
16th December 2020
Open-access content
COVID-19 creates new risks for directors and officers

COVID-19 creates new risks for directors and officers

The COVID-19 pandemic has created a highly volatile and uncertain environment for businesses, resulting in a litany of new or heightened risks for directors and officers (D&O), insurance firm Allianz has warned.
Risk & ERM
16th December 2020
Open-access content
Most companies to review ESG measures in executive pay plans

Most companies to review ESG measures in executive pay plans

Four in five organisations worldwide are planning to change how they use environmental, social and governance (ESG) metrics in their executive pay plans over the next three years, a survey has found.
Global
Environment
16th December 2020
Open-access content
CMI to discount 2020 mortality data for next model

CMI to discount 2020 mortality data for next model

The Continuous Mortality Investigation (CMI) has announced that it will place no weight on 2020 data when it releases its next model for projecting UK mortality rates.
Health care
15th December 2020
Open-access content
November deaths hit 10-year high

November deaths hit 10-year high

There were more deaths in England and Wales last month than in any other November over the last 10 years, according to analysis by the Continuous Mortality Investigation (CMI).
Health care
9th December 2020
Open-access content
Insurers expect largest pay rises in 2021

Insurers expect highest pay rises in 2021

Insurance companies expect to raise their wages at a higher rate than firms in any other sector in the UK next year, according to research by Willis Towers Watson (WTW).
General Insurance
9th December 2020
Open-access content

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