Effective today, Pat Tomlinson has been named president of Marsh McLennan’s Mercer, and will succeed Mercer CEO Martine Ferland upon her retirement March 31, 2024. In the meantime, as president, Tomlinson will report to Ferland and have management responsibility for …
Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of increases. US employers surveyed by Aon Plc, which compiles compensation data on more than …
Health insurance costs for employers rose the most in over a decade this year as Americans resumed non-urgent procedures delayed earlier due to the COVID-19 pandemic, according to a survey published on Monday. The survey by benefits company Mercer of …
The finance industry offers women a lot of work, especially at the entry level. But each rung up the career ladder, they are increasingly winnowed from the business by lagging recruiting, retention and promotion from within, according to new research. …
Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer …
This is the second of a two-part column on green bonds.The first installment focused on bond sales. Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green bonds in the last year-and-a-half, and …
Most investors need to make a significant behavioral shift and start factoring climate change into their portfolio risk management, a study on its impact on financial market returns found. Government officials are meeting in Germany this month to work on …
Alexander Forbes Group Holdings Ltd., a South African financial services company, swung to a profit in the first half after changing its capital structures in preparation for its initial public offering in July. Net income was 114 million rand ($10.4 …
Aon Risk Solutions, the global risk management business of Aon plc, recently announced the addition of Christopher Coté as senior vice president in the Charlotte, N.C., office.In his new role, Coté will be responsible for providing clients with property/casualty insurance, …
The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and beyond. While 40 …
