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PORTLAND, Ore., May 5, 2021 /PRNewswire/
Allied Market Research published a report, titled, IoT Insurance Market By Component (Solution and Service), Insurance Type (Life & Health Insurance, Property and Casualty (P&C) Insurance, and Others) and Application (Automotive, Transportation & Logistics, Life & Health, Commercial & Residential Buildings, Business & Enterprise, Agriculture and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global IoT insurance industry was estimated at $8.63 billion in 2019, and is expected to hit $304.31 billion by 2027, registering a CAGR of 57.1% from 2019 to 2027.
Drivers, restraints, and opportunities-
Rise in adoption of IoT in developed and developing economies, increase in demand for cloud platform and other value-added services in the insurance industry, and surge in investment in IoT by insurance companies drive the growth of the global IoT insurance market. On th
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A retirement crossroads
Canadians on the cusp of retirement often struggle with one question above all others: when should they officially start living off their savings?
Many choose to retire on schedule, at 65, drawing income from a mix of their Registered Retirement Savings Plan (RRSP), Canada Pension Plan (CPP) and Old Age Security (OAS). What they may not realize, however, is their contributions will continue growing between the ages of 65 and 70 – if left untouched.
Waiting to access these assets has clear financial upsides: Canadians who delay collecting their CPP can see payments rise by 0.7% per month after the age of 65, up to a maximum of 42%.
Globe editorial: Old Age Security costs more every year The Trudeau government s budget is making it worse theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
So the budget is balanced, right? I mean revenues are pouring in, the economy has recovered and appears headed for historic levels of wealth creation.
But no, the budget is not balanced. Finance Minister Chrystia Freeland is projecting a deficit of $121 billion, in itself a staggering sum, but rendered incomprehensible by Freeland’s own forecasts.
Worse still, the red ink continues in bucketfuls as far as the eye can see. And Freeland is promising even more if the need arises such as a fall election.
The explanation, she says, is that this budget is all about the pandemic. No, it most certainly is not. It’s all about pandering.
Federal budget 2021 highlights: Child care, recovery benefits, OAS increases – everything you need to know theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.