People Moves | 12 May 17
Praemium’s ex-CEO triumphs as chairman and board are removed
Michael Ohanessian, the former chief executive of Praemium, has successfully ousted the company’s chairman and three directors who sacked him in February 2017.
French election results seen a plus for Asia
The outcome of the French election has removed a key risk, revealing relatively cheap assets in Europe and Asia against a background of improved investor sentiment, industry sources told our sister publication Fund Selector Asia.
Dwindling expat packages make health insurance critical
The demise of the all-inclusive expat package is forcing the globally mobile to secure their own healthcare, with demand for health insurance expected to grow steadily as the number of people working outside their home country is set to double over the next decade.
A different breed of expat seeking international healthcare
New types of internationally mobile people are fuelling demand for global healthcare benefits rather than the more traditional expat profile, according to Tom Winfield, Bupa Global head of intermediary relationships.
Generali sets out fresh plans for asset management expansion
Generali unveiled a fresh push into asset management and said it will bolster its fee-based business, after reporting a 9% fall in first-quarter profits on Thursday.