Reinsurance News
Oliver Wyman
Oliver Wyman to acquire Validate Health, expanding healthcare analytics capabilities
26th June 2025
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. Financial details of the transaction, which is expected to close ... Read the full article
Bermuda’s long-term insurance sector maintains stability amid systemic risk concerns: BILTIR
13th June 2025
A recent independent report commissioned by Bermuda International Long Term Insurers and Reinsurers (BILTIR)—an association representing Bermuda-based long-term re/insurance companies—and conducted by Oliver Wyman, a global management consulting firm, has affirmed that Bermuda’s long-term re/insurance industry acts as a source of stability rather than risk within the global financial system. The ... Read the full article
Oliver Wyman Actuarial expands European P&C services with London office
24th October 2024
Oliver Wyman Actuarial, a specialist business within the Oliver Wyman Group, has strengthened its property and casualty (P&C) capabilities in Europe by establishing a London-based presence. To lead this expansion, Matthew Facey has joined the firm as Partner, based in London. In his new role, Facey will focus on developing Oliver Wyman ... Read the full article
New pension longevity model launched by Oliver Wyman and Mercer
23rd October 2024
Oliver Wyman and Mercer, businesses of Marsh McLennan, has launched a new pension risk transfer (PRT) longevity model that will enable pension plan sponsors, direct insurers and reinsurers to better price and manage longevity risk. Drawing on Mercer's US longevity dataset of over one million pension lives, the model leverages the ... Read the full article
Ricard named APAC Head of Insurance and Asset Management at Oliver Wyman
16th August 2024
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan, has announced the appointment of Paul Ricard as the new Asia-Pacific (APAC) Head of Insurance and Asset Management, effective immediately. In his new role, Ricard will aim to drive the growth of Oliver Wyman’s Insurance and Asset Management ... Read the full article
Oliver Wyman to collaborate with AKA Consulting in the Cayman Islands
14th August 2024
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan, has announced a collaboration agreement with AKA Consulting, an actuarial and risk consulting firm based in the Cayman Islands. Through this collaboration, Oliver Wyman aims to better serve its clients doing business in the Cayman Islands by combining ... Read the full article
73% of insurers currently invest in private markets or plan to do so: Mercer & Oliver Wyman
11th April 2024
Nearly three-quarters (73%) of insurers currently invest in private markets, or plan to do so in 2024, while nearly four in 10 (39%) are aiming to increase their private market allocations, according to Mercer and Oliver Wyman - businesses of Marsh McLennan - who recently released their Global Insurance Survey. The ... Read the full article
Marsh McLennan and Oliver Wyman launch Generative AI tool, LenAI
22nd November 2023
Global professional services firm Marsh McLennan, along with its renowned management consulting business, Oliver Wyman, has unveiled a cutting-edge Generative AI tool named LenAI. Developed by Marsh McLennan’s Dublin Innovation Center in collaboration with Oliver Wyman Digital, LenAI is poised to revolutionise the work experience for the company's 85,000 colleagues worldwide, ... Read the full article
Colin Forrest to lead Oliver Wyman UK Actuarial Practice
17th August 2023
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan, has established an actuarial practice in the United Kingdom and appointed Colin Forrest as Partner and UK Actuarial Leader. Oliver Wyman Actuarial is a specialist business within the Oliver Wyman Group, providing actuarial services to insurers, investors, healthcare ... Read the full article
Oliver Wyman opens HK office, names APAC practice leader
6th October 2022
Oliver Wyman, a global management consulting firm and business of Marsh McLennan, has announced the establishment of a new actuarial practice in the Asia Pacific region and that Marco Warmelink, based in Hong Kong, will lead the team. Warmelink has more than 25 years of experience in the life insurance industry, ... Read the full article
Oliver Wyman opens new Actuarial office in Bermuda, appoints leader
2nd August 2022
Oliver Wyman, a global management consulting firm and business of Marsh McLennan has announced the opening of a new Actuarial office in Bermuda. The firm has also announced that Faisal Haddad has been appointed as Head of the Bermuda Actuarial team. Haddad has more than 15 years of diverse international industry experience ... Read the full article
Marsh McLennan appoints Studer as President & CEO of Oliver Wyman
1st June 2021
Marsh McLennan has named Nick Studer as the new President and Chief Executive Officer (CEO) of international management consulting firm, Oliver Wyman Group, effective July 1st, 2021. Studer, who takes over from Scott McDonald, will also become a Vice Chair of Marsh McLennan and join the firm's Executive Committee. In his new ... Read the full article
Potential for UK life insurers to broaden services and generate higher profits: Oliver Wyman
11th May 2018
A recent report by international management consultancy, Oliver Wyman, urges life insurers in the UK to broaden their services and reach in order to take advantage of potential market opportunities driven by reforms. The report, The Retirement Franchise Opportunity, states that UK life insurance companies have the potential to add £7.5 ... Read the full article
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