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Specialist broker Clever Lending has overhauled its management, with the appointment of a new chief executive and two other senior roles. The firm has promoted Anesh Dayaram to become its new chief executive, which sees him step up from his former post as finance director. The business is a distributor of second ....
Loadshedding, tariffs fuel KSE Solar Fund investment case The Investment opportunity Many medium sized Commercial and Industrial (“C&I”) companies in South Africa are high electricity users (for example: manufacturers, abattoirs and businesses operating in an environment requiring regular heating or cooling). Not only are these businesses faced with the challenge of continuous load shedding, but are now also finding it difficult to maintain their profit margins while energy costs are increasing at alarming rates every year. The investment opportunity is simply to provide these C&I customers with an environmentally friendlier, less expensive energy solution than Eskom and the Municipalities, while at the same time reducing the strain on the national grid. Coupled with an upfront tax benefit, targeted returns to investors are substantial. This is exactly what an investment in KSE Solar Fund 2 entails. ....
once again in Q1 2021 In Q1 2021, SCOR’s financial results have been impacted by the unique combination of known and modelled Covid-19 claims development and a series of large natural catastrophes, driven by a polar vortex causing Texas Winter Storm Uri. Covid-19 claims are manageable, developing as expected and tracking closely in line with what was previously communicated 1. In Q1 2021, Covid-19 impact stands on the Life side at EUR 162 million 2, of which EUR 145 million comes from the U.S. mortality portfolio, and overall has been stable on the P&C side since December 31, 2020. The SCOR group continues to grow and to absorb shocks. SCOR records a net income of EUR 45 million in Q1 2021 and delivers a very high solvency of 232%, which reflects all expected future Covid-19 impacts and is above the optimal solvency range of 185% to 220% defined in “Quantum Leap”. ....
Scor : First quarter 2021 results - SCOR demonstrates its shock-absorbing capacity once again in Q1 2021 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
First quarter 2021 results - SCOR demonstrates its shock-absorbing capacity once again in Q1 2021 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.