This report provides strategists, marketers and senior management with the critical information they need to assess the global insurance(providers, brokers and re-insurers) market as it emerges from the COVID-19 shut down.
The global insurance, reinsurance and insurance brokerage market is expected to grow from
$5227.08 billion in 2020 to
$5847.93 billion in 2021 at a compound annual growth rate (CAGR) of 11.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach
Investment expert: Undoing ERCOT overcharges would hurt Texas business reputation
Austin American-Statesman (TX)
Texas would damage its business-friendly reputation if state lawmakers retroactively lower prices for wholesale electricity to reverse billions of dollars in overcharges racked up during last month s weather emergency, a representative of an international investment exchange said Tuesday. Any such decision by this political process will forever define the open for business culture
Texas has worked diligently for decades to create, said
Chris Edmonds, global head of clearing and risk at
Intercontinental Exchange Inc.
Edmonds, speaking to the
House State Affairs committee, said the repercussions will go beyond the market for wholesale electricity by rattling investors in other
McConnell Threatens ‘100-Car Pile Up’ In Senate If Democrats Nuke Filibuster
The Senate GOP leader laid out policy priorities his party would ram through, including ‘sweeping’ abortion restrictions and ‘hardening’ the border.
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Detroit Free Press (MI)
Should CPAs and taxpayers get an extra two months to file their federal income taxes? Does the tax season, which started late anyway, need to be extended until June 15?
The idea of a one-time, across-the-board extension makes a great deal of sense when you consider the extra long list of challenges and changes relating to the filing of 2020 tax returns, which remain due April 15.
One tax professional told me earlier this year that there s absolutely nothing clear and simple about this tax season.
The COVID-19 pandemic continues to put a limit on office hours and in-person appointments for tax preparation. Fortunately, a great deal of tax preparation can be done remotely. So that s a help.
Diversity “is the new Apple watch – everybody wants it,” said Kimberly Ross, senior vice president, federal relations with the American Council of Life Insurers.
But despite corporate America’s interest in diversity, equity and inclusion, the workforces, board rooms and C-suites of many financial services companies are not representative of the communities they serve, she added.
Addressing this disconnect and advancing DEI in the financial services industry were among the topics discussed during Tuesday’s virtual event “DEI: Expanding Opportunity In Insurance.” The online event was sponsored by ACLI, The American Property Casualty Insurance Association and the Life Insurance Council of New York.