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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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United States | Publication | February 18, 2022
On February 17, 2022, federal OSHA announced its initiative urging healthcare and related industries to take immediate actions to help make 2022 safer for their employees. OSHA noted an almost 250 percent increase in injury and illness incidence rates among healthcare and social assistance workers commencing in 2020, largely attributed to the COVID pandemic, and leading to combined totals greater than any other American industry.
To that end, OSHA continues to work on its final standard to protect healthcare workers from COVID. In the interim, OSHA emphasizes that employers must continue to comply with their obligations under the General Duty Clause, and the Personal Protective Equipment, Respiratory Protection and other relevant standards to protect employees from COVID hazards in the workplace.
Moreover, OSHA states that employers should create and implement proactive safety and health programs that address recognized hazards, training and preventive measures to keep workers safe. Companies are encouraged to utilize local OSHA On-Site Consultation personnel (1-800-321-OSHA (6742) and OSHA's program website) to discuss program development and conduct on-site safety and health evaluations.
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It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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