Critical Thinking for Everyday Success

  • GIFA
  • 10/12/2024

Turning Critical Thinking into a Business Superpower. In today's fast-paced corporate world, moving quickly without thinking critically can lead to costly missteps. This article explores how businesses can leverage critical thinking to unlock insights, mitigate risks, and empower decision-making. Learn about the QDI Principle's three essential rules: tackling…

Mastering the Board Agenda

  • Claire Wakefield
  • 10/12/2024

Meetings: where minutes are taken, and hours are wasted." Though often attributed to the fictional Captain James T. Kirk, this sentiment rings uncomfortably true. A 2022 University of North Carolina study found that a third of meetings are entirely unnecessary, draining both time and resources. For large companies,…

Meeting Minutes – Can AI Help?

  • GIFA
  • 09/12/2024

Meeting minutes are essential for good governance, but creating high-quality minutes is a time-consuming and resource-intensive process. Board Intelligence explores how to balance quality with efficiency, uncovering the hidden costs of traditional minute writing and offering innovative solutions to make the process more sustainable. Discover how Minute Writer,…

Guernsey-based incorporated cell used to reinsure pension fund in £2 billion longevity risk transfer

MMC UK Pension Fund's first longevity swap transaction to include active members, under incorporated cell Fission Gamma IC Limited, will cover approximately £2 billion in liabilities for 14,500 pensioners, deferred and active defined benefit members. Fission Gamma, a new Guernsey-based incorporated cell, was created to insure the longevity risk of the fund and to reinsure this risk with leading global re-insurer Munich Re. Insuring longevity risk in this way enables the fund to protect itself financially against longevity risk.

Guernsey-based incorporated cell used to reinsure pension fund in £2 billion longevity risk transfer

MMC UK Pension Fund's first longevity swap transaction to include active members, under incorporated cell Fission Gamma IC Limited, will cover approximately £2 billion in liabilities for 14,500 pensioners, deferred and active defined benefit members. Fission Gamma, a new Guernsey-based incorporated cell, was created to insure the longevity risk of the fund and to reinsure this risk with leading global re-insurer Munich Re. Insuring longevity risk in this way enables the fund to protect itself financially against longevity risk.