Market Watch

The 2022/2023 aerospace reinsurance renewals season is a chance to re-set retention levels, policy conditions and pricing levels to enable the global aerospace (GA) insurance market to continue to serve its end-user client base, according to Gallagher analysts. This opportunity presents itself as this renewals season for the global insurance market has been specifically affected by the conflict in Ukraine, the on-set of a global economy recession and rising inflationary costs unparalleled over the past 40 years, Gallagher noted in its Plane Talking Q4 edition. The reinsurance broker said that the diversity of the underwriters’ GA risk portfolios helps provide many direct insurers with a natural spread of risks which continues to be attractive to insurers. Despite this, Gallagher warns, pressure on improving their margins is inevitably forcing many of them to scrutinise and re-calibrate their GA pricing models, while they are also impacted by external global headwinds. Inflation continues to be the top concern for insurers, according to a recent report by Swiss Re. It is challenging to insurers, analysts explain, because “it erodes nominal premium growth, impacts global demand and creates higher claims costs”. “In a sector heavily dependent on specialist materials such as composites and high […]

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After three years of unprecedented ups and downs, many luxury real estate agents barely remember what “normal” looks like. There have been lockdowns, supply chain challenges, rising inflation, and other issues that have impacted markets. Yet through it all, top agents adjusted their businesses and expectations accordingly, and luxury homes continue to sell. Now the question on everyone’s mind is: what’s in store for 2023? This is the topic that Brad Nelson, Chief Marketing Officer at Sotheby’s International Realty, will be exploring on January 26th in the next Sotheby’s International Realty Insider open webinar , where top agents will explore this year’s market trends, data, and opportunities. All are welcome and invited to register . In advance of the webinar, here are insights from the featured experts. Diletta Giorgolo Spinola, Head of Residential, Italy Sotheby’s International Realty; Dana Trotter, Associate Broker, Senior Global Real Estate Advisor, Sotheby’s International Realty – Bridgehampton Brokerage; Chris Klug, Owner and Broker Associate, Aspen Snowmass Sotheby’s International Realty; Michael Martinez, Vice-President, ONE Sotheby’s International Realty. In 2023, what types of luxury homes or markets will likely be in demand? Diletta Giorgolo Spinola – Italy Sotheby’s International Realty Michael Martinez: My team and I have […]

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Bubble Gum Market 2023 The Global Bubble Gum Market was valued at USD 0.84 Bn in 2023, it is estimated to reach USD 1.26 Bn in 2033 at a CAGR of 4.20% For the forecast 2023-2033 NEW YORK,CITY, NEW YORK, UNITED STATES, January 16, 2023 / EINPresswire.com / — The Global Bubble Gum Market was valued at USD 0.84 Bn in 2023, it is estimated to reach USD 1.26 Bn in 2033 at a CAGR of 4.20% For the forecast period of 2023-2033 Global Bubble Gum Market research reports provide an in-depth view of the market and forecasts for 2033. This study is a combination of quantitative and qualitative information. It highlights key market developments, challenges, and competition industry analysis, as well as new opportunities and trends within the market. This report provides information on the Bubble Gum market, including its size, growth, share, and development status. It also includes a detailed analysis of market costs, structure, and competitive landscape. Bubble gum has a long and colorful history. It was once used as a medicine to clean teeth. Bubble gum is also known for its sweet taste. Some people even say that bubble gum is the best thing since […]

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Respondents look to new customer acquisition, cost optimization and outsourcing to contend with economic pressures Sustainability enters European insurers’ top-five priority list Three-quarters of European insurance industry leaders say geopolitical tensions, persistently high inflation and the threat of recession will drive their companies to accelerate their digital transformation programs in the coming year, a new survey from Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, finds. The ISG “Pulse Check” survey, conducted in the third quarter of 2022, surveyed 200 business decision-makers and IT experts in the European insurance industry. Europe’s insurance companies are facing a “perfect storm“ of declining premium income, growing operating costs, emerging competition, rising climate and cyber risk and an ever-tightening regulatory environment, ISG says, forcing them to accelerate changes to their business models. “Insurance companies are investing aggressively in digitally focused business models to create more opportunities for growth,” said Anna Medkouri, ISG partner, insurance, for EMEA. “Our survey results found insurers are turning to technology solutions and partnerships in the technology sector to help achieve this goal—a trend we anticipate will continue for the foreseeable future.” Attracting new customers, improving customer retention and optimizing […]

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Summary Honeywell is a leading software-industrial company that has undergone a significant transformation. It is now poised for accelerated growth and margin expansion, according to management. However, its black box portfolio and premium valuation make it difficult to own the stock at this point. Spencer Platt Honeywell International Inc. (NASDAQ: HON ) is a leading software-industrial company that has undergone a significant transformation and is now poised for accelerated growth and earnings, according to management. Investors are optimistic about the company’s prospects, resulting in significant outperformance of the stock. Is the stock worth its premium valuation? In this article, we will systematically examine the company’s business fundamentals, strategy, risks, financials and valuation to help readers arrive at a more informed position to assess the risk and rewards of owning the stock. Note: This article is for educational purposes only and does not constitute financial or investment advice. Please do your own due diligence and consider your unique financial needs and constraints before buying any stock. Business Overview Honeywell International is a leading software-industrial company that invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. The […]

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Recognizes 11 partners and one CSP indirect provider for their innovative solutions to empower SMBs in their digital transformation journeys New Delhi, January 16, 2023: Microsoft India announced the winners of the third season of Cloud Champions 11 program today. Designed to drive year-on-year growth for Microsoft Cloud Service Solution Providers (CSPs), the program received tremendous response with 471 participants from 71 cities. Winners were recognized based on their cloud business growth across Microsoft Azure, Modern Work, Security and Business Applications during this program’s timeframe (August – November 2022). The Cloud Champions 11 program, now in its third season, enables Microsoft CSP partners in accelerating their cloud business by unlocking the vast opportunities presented by India’s small and medium business (SMB) segment. Open to all Microsoft CSP partners in the country, the program engaged with partners in multiple ways, including trainings, masterclasses, peer learning, engagement sessions, as well as rewards and recognition for the sales teams. Announcing the winners, Samik Roy, Executive Director – Corporate Medium and Small Business, Microsoft India, said, “Empowering small and medium businesses in their digital transformation journeys is a focus area for us at Microsoft. Our partners play a central role in helping us […]

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Sandeep Chouhan. Network International, the leading enabler of digital commerce across the Middle East and Africa region, has announced the appointment of Sandeep Chouhan as Group Chief Business Transformation and Technology Officer. Bringing global experience in spearheading business and technology transformations at some of the world’s leading financial institutions and payments businesses, Chouhan will be responsible for driving Network’s group-wide strategic transformation to accelerate business growth, operating efficiency and innovation in processing and acquiring products, as well as reducing time to market for banks, merchants and fintechs. A reputed figure in the global banking and payments industries, Chouhan most recently served as Group Chief Operating Officer of Abu Dhabi Islamic Bank (ADIB). He brings with him over 30 years of consumer banking and payments experience in business management, digital transformation, technology modernisation and agile operations. Chouhan has a track record of building and running technology, digital and operations at Citi, Discover Card, Barclays, Mashreq, CBQ and ADIB. “Sandeep’s experience as a transformation and technology expert of leading financial institutions and payments businesses will ensure that we accelerate product innovation and time to market for our customers, enabling them to achieve their goals,” commented Nandan Mer, Group CEO of Network […]

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Innovation and the pursuit of excellence are driving the success of Saudi family enterprise Obeikan Investment Group (OIG). Chief Executive Abdallah Al-Obeikan talks to Hischam El-Agamy about the company’s digital transformation journey and his mission to create a fully autonomous business We live in a world of rapid transformation, a world where digital disruption and megatrends are affecting all industries. Successful family businesses are those that are willing to move away from traditional opportunities and react quickly and decisively to change. The story of Obeikan’s success began in 1982 with a single commercial print shop in Riyadh. Over the next 40 years, OIG diversified into new industries and markets and now has a diverse set of operations in manufacturing, packaging, education, and healthcare. It is one of the leading business groups in the Middle East and North Africa and one of Saudi Arabia’s top 100 largest companies, serving more than 80 markets globally. Since 2017, the company has increased its focus on digital transformation, supported by more than 3,000 staff whose ways of working have been transformed by a digital environment and the solutions the group has adopted. A business imperative Al-Obeikan, who has been at the helm of […]

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The Global Lighthouse Network is a program of operational improvement and certification that now numbers 114 factories or integrated supply chains across the globe. The Global Lighthouse Network is designed to help businesses transform their manufacturing operations, and more. The network has created a playbook on how to best approach and execute operational transformation. Joining the network will benefit any company wanting to make the right investments, at the right time. Transforming manufacturing operations is something that causes many business decision-makers to lose sleep. That is hardly surprising: changing processes which may have been in place for decades carries a range of risks, which can include disrupting production, regulatory issues, breaking service-level agreements and alienating workforces. The Global Lighthouse Network , a World Economic Forum initiative in collaboration with McKinsey & Company, is designed to help. This program of operational improvement and certification started as 16 production sites in 2018 and now numbers 114 factories or integrated supply chains across the globe. It features almost every sector you can think of, with consumer packaged goods, healthcare, automotive, process industries, and electronics production networks from Boston to Hyderabad. The Global Lighthouse Network members have contributed to a playbook on how […]

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Schneider-commissioned research finds most companies planning to spend under 2% of revenues on sustainability and decarbonization initiatives On the demand side of the energy transition, only 31% of organizations currently push electrification as a way to decarbonize BOSTON, Jan. 16, 2023 /PRNewswire/ — Schneider Electric , the leader in the digital transformation of energy management and automation, today issued an urgent call for governments and companies around the world to accelerate their sustainability action and step up investments into technologies that will help them reduce their carbon emissions and bolster their energy security. Continue Reading The call comes amid spiking energy prices, an energy supply crisis and fast accelerating climate change, which together pose major challenges for companies, economies and societies around the globe. These challenges form the backdrop for the World Economic Forum’s annual meeting in Davos, Switzerland, from 16-20 January, which senior Schneider Electric executives will attend. Today’s climate and energy crises are an economic reality for ever-increasing numbers of people. Tweet this "Today’s climate and energy crises are an economic reality for ever-increasing numbers of people. As business leaders and policymakers come together at Davos, we must act in our own best long-term, not short-term, interests," […]

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