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Peak Re announced the ninth consecutive year of maximum growth

Franz Josef Hahn, CEO of Peak Re Several major natural disasters are a key feature of the activity of the global reinsurance industry in 2021 and the

Franz Josef Hahn, CEO of Peak Re Several major natural disasters are a key feature of the activity of the global reinsurance industry in 2021 and the business of B&C Peak Re. Peak Re has launched a lifetime venture in the UK. About 55% of the company’s revenue on gross surplus comes from AsiaPacific, 33% from the Americas, and 12% from EMEA. At the end of 2021, the company’s leverage ratio was 320% higher than the legal requirement set by the Hong Kong Insurance Act. A third Lion Rock Re Sidecar transaction was completed, raising $ 107 million in outside capital. Read More..

B2B Tech News | 2 years ago        

June services have been developing rapidly for 11 years

The S&P Global India Services Purchasing Managers Index increased to 59.2 in June from 58.9 in May, the highest level since April 2011 and well above

The S&P Global India Services Purchasing Managers Index increased to 59.2 in June from 58.9 in May, the highest level since April 2011 and well above the 50point threshold separating growth and contraction. Despite falling to a threemonth low in June, income inflation remained high relative to historical margins. Continued hyperinflation, along with speculation about a weaker rupee currency, dampened optimism. The Futures Movement subindex was slightly lower than in May and remained below its longterm average. Transportation, education, and telecommunications saw the largest increases in advertising spending. Continued hyperinflation, along with speculation about a weaker rupee currency, dampened optimism. Read More..

B2B Tech News | 2 years ago        

Peter Schiffs Bank Closure Increases Bitcoins Financial Freedom

Changes in consumer priority reached all countries. However, countries supported by stronger and more sustainable economies will progress in terms of

Changes in consumer priority reached all countries. However, countries supported by stronger and more sustainable economies will progress in terms of consumer and product quality. The Architectural Coatings segment reacted better and especially earlier than the Automotive and adjacent segments. In Brazil, the annual volume level is now positioned close to a challenging volume of 2.0 billion liters per year. Colombia is taking the second position from Argentina in the size of the Coatings market, and Peru is approaching fast Chiles size. The faster growth of the five countries shown below is supported by a relatively better macroeconomics indicator in these countries, according to IPCPI. Read More..

B2B Tech News | 2 years ago        

Many Canadian companies find it difficult to find workers

According to a new survey by the Bank of Canada, 42 percent of Canadian companies report unemployment. Devinder Chowdhury, an owner of the luxury Aria

According to a new survey by the Bank of Canada, 42 percent of Canadian companies report unemployment. Devinder Chowdhury, an owner of the luxury Ariana restaurant in Ottawa, says half of the tables are empty due to a lack of staff. Statistics Canada shows that the food and hospitality industries were hardest hit by the shortage. Businesses are expected to raise wages by an average of 5.8 percent next year to attract workers. That means half of the tables are empty due to employment problems the new economic reality for many Canadian business owners. Read More..

B2B Tech News | 2 years ago        

Inflation in South Korea has reached a 24year high due to rising energy prices

According to Statistics Korea, consumer prices increased by 6% from a year ago in the past month, picking up speed from a 5.4% increase in May. It mar

According to Statistics Korea, consumer prices increased by 6% from a year ago in the past month, picking up speed from a 5.4% increase in May. It marked the highest inflation rate since a 6.8% increase in November 1998, when South Korea was grappling with the Asian financial crisis that spanned 1997–98. The Finance Ministry sharply increased its 2022 inflation outlook to a 14year high of 4.7% in June while sharply lowering its projection for economic growth to 2.6%. Growing inflationary pressure has increased the likelihood that the Bank of Korea will raise its policy rate again this month. Read More..

B2B Tech News | 2 years ago        

The Foreign Minister stated Samsung will invest $ 500 million in Mexico

Mexican Foreign Minister Marcelo Ebrard said Monday that Samsung Electronics will invest $ 500 million in Mexico to increase the production of home ap

Mexican Foreign Minister Marcelo Ebrard said Monday that Samsung Electronics will invest $ 500 million in Mexico to increase the production of home appliances. Ebrard said on Twitter that the investment will be made in the border city of Tijuana and Queretaro in central Mexico. He said he met with the head of the company, Han Junghee. Read More..

B2B Tech News | 2 years ago        

Elis Completing the acquisition of a prominent player in Mexico

Elis announced the acquisition of a centuryold company that is a leader in the Mexican market. The acquired company mainly delivers bedding and workwe

Elis announced the acquisition of a centuryold company that is a leader in the Mexican market. The acquired company mainly delivers bedding and workwear to customers in the healthcare market. In 2021, revenue will be 1,780 million Mexican pesos 85 million euros at the June 2022 exchange rate euro / Mexican dollar. Elis has an excellent track record of consolidating assets in Latin America with approx. 10 purchases since 2014. The acquired company is the only player that has national coverage and offers a good profit. Elis is the undisputed leader in a rapidly growing market where competition is fragmented. Read More..

B2B Tech News | 2 years ago        

Orange and Bboxx Provide clean energy to 150,000 people in the DRC

Bboxx, a PanAfrican superplatform providing access to essential products and services, and Orange Telecom have partnered to launch a new minigrid proj

Bboxx, a PanAfrican superplatform providing access to essential products and services, and Orange Telecom have partnered to launch a new minigrid project in the Democratic Republic of Congo DRC. Less than 10% of the population in the DRC has access to electricity, making it the country with the massive number of people without access in Africa after Nigeria. Bboxx aims to connect more than 600 households in Bukavu by the end of 2022 and is partnering with the national energy agency to participate in a subsidy program for lowincome customers. The DRC is the first of many minigrids in Africa as part of Bboxxs Connected Community program, which aims to electrify 1 million customers across the continent within the next five years. The company plans to launch 24 additional minigrid projects with Orange across the DRC over the coming months, electrifying 150,000 people by 2024. Read More..

B2B Tech News | 2 years ago        



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