Body Saron Siki Fri, 30 Sep 2022 15:11:37 +0000 en-US hourly 1 Body Saron Siki 32 32 Bay Cities Partners with Homeboy Industries for Sustainable E-Waste Disposal Fri, 30 Sep 2022 15:07:21 +0000

Bay Cities is thrilled to partner with the Homeboy Industries Electronics Recycling Program to ethically dispose of end-of-life electronics.

“Our team is looking forward to continuing our partnership with Homeboy Industries. We are excited about this journey and excited to support the message that Homeboy Industries seeks to achieve and achieve.

Bay Cities, North America’s most innovative packaging and design company, is proud to announce its partnership with Homeboy Industries’ award-winning full-service IT asset disposal and electronics recycling program. This partnership means that all accumulated e-waste will be transferred and properly disposed of or reused as appropriate, furthering the improvement of Bay Cities’ sustainability initiatives.

Homeboy Industries is a rehabilitation and reintegration organization focused on providing opportunities for formerly gang-related and incarcerated individuals who have been seeking to transform their lives for the better since 1988. They provide workforce development support work and trade in a variety of fields to encourage alternative career choices for those enrolled, including jobs that are environmentally friendly and relevant to the information economy. For every 75,000 lbs. electronic equipment collected, a new job is created to continue the life cycle of the support.

Founded in 2011, Isidore Electronics Recycling, a social enterprise of Homeboy Industries, focuses on the disposal and reuse of items such as computers, cell phone monitors, and more. that cannot be disposed of in a landfill without causing electronic waste that is harmful to people. and the environment. Their responsible recycling certification guarantees that the procedures are safe, ethical and environmentally friendly.

“Our team is looking forward to continuing our partnership with Homeboy Industries. We are excited about this journey and excited to support the message that Homeboy Industries seeks to reach and achieve,” said Jesus Ortiz, Sustainability and Safety Coordinator.

As a leading creative packaging and display partner for brand marketers, retailers and e-commerce businesses, the continued implementation of environmentally responsible practices brings value not only to customers, but also to the environment. At every stage of production, sustainability is a top priority.

To find out more about our offers, contact us. Sign up for our newsletter to stay up to date.

About the Bay Towns

Bay Cities is North America’s most innovative packaging and design company, providing end-to-end integrated packaging and logistics solutions proven to drive sales, both on-shelf and online. Powered by technology and the best people, Bay Cities works seamlessly with brands and retailers to design and deliver product packaging and in-store display programs with ease and precision.

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The government will file a presidential reference on Reko Diq Fri, 30 Sep 2022 06:55:22 +0000


The federal government is about to approve the filing of a presidential reference to the Supreme Court seeking validation of the new agreement on the Reko Diq project.

A senior official confirmed The Express Grandstand that the cabinet would give its approval on Friday, regarding the filing of the presidential reference as well as the parliamentary approval of the agreement on Reko Diq. The issue has been added to the agenda for today’s cabinet meeting, he added.

Barrick Gold Corporation, a Canadian-based mining group, had asked the government to get the Reko Diq gold and copper deal approved by parliament and the Supreme Court for the long-term sustainability of the company’s investment. company in the project.

According to the settlement, 50% of the shares of the new project would be held by Barrick Gold, while the remaining shares would be held by Pakistan, split equally between the Center and the government of Balochistan.

The federal government’s share of 25% will be divided equally between three public entities: Oil and Gas Development Corporation Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Government Holdings Pakistan Limited (GHPL).

Interestingly, no private companies were included in the project by the Pakistani side despite efforts.

The Balochistan share will be held by a company wholly owned and controlled by the provincial government. As part of the Prime Minister’s vision for Balochistan, the provincial government’s share of the capital and operating costs of the project will be borne by the Centre.

The Government of Balochistan will not incur any expenditure in the development of the mines.

In the development of the project, almost 10 billion dollars will be invested in Balochistan, including 1 billion dollars for social improvement projects – roads, schools, hospitals and the establishment of technical training institutes for mining. The investment will create over 8,000 new jobs.

Lily Reko Diq investor wants deal approved by parliament, SC

The project will also make Balochistan the largest recipient of foreign direct investment in the country. In order to ensure optimal use of the country’s mineral wealth, the government also plans to create a foundry.

turbulent past

An agreement was reached after several rounds of negotiations over the past three years.

In August 2019, the Prime Minister set up a committee to lead negotiations for the early development of the mines. In this effort, the federal and provincial governments have been assisted by international advisers, including a law firm, White & Case, and an investment bank, Lazard.

To ensure that the deal complies with all laws, the government will take the case to parliament and the Supreme Court. Apparently, 10 future governments would pursue this project in which 100 billion dollars would be earned.

On July 29, 1993, BHP Minerals (BHP) and the Balochistan Development Authority (BDA) signed the Chagai Hills Exploration Joint Venture Agreement (CHEJVA). Subsequently, on November 23, 2006, TCC purchased BHP’s interest in CHEJVA for $240 million. It had become part of the CHEJVA under a novation agreement with the BHP and the government of Balochistan.

On August 26, 2011, TCC filed its feasibility report and mining lease application which was denied by the granting authority on November 15, 2011. On November 6, 2011, a petition was filed in the Supreme Court asking the court High Court to order the government of Balochistan to refrain from issuing a mining license in an arbitrary and illegal manner.

Lily Government draws up plan for use of Roosevelt Hotel

On December 12, 2011, the ICC commenced proceedings before the International Center for Settlement of Investment Disputes i (ICSID) for alleged breaches by Pakistan of the Australia-Pakistan BIT, 1997; and, before the International Chamber of Commerce (ICC) for alleged breach by the Government of Balochistan of contractual obligations under CHEJVA. On January 6, 2013, the Supreme Court declared CHEJVA void ab initio.

The ICC tribunal suspended its proceedings out of respect for ICSID proceedings. On February 12, 2016, the court issued a draft decision on jurisdiction and liability and found that (i) it had jurisdiction over TCC’s claims; (ii) TCC had made an investment in Pakistan; and, (iii) Pakistan expropriated TCC’s investment in Pakistan and breached its obligations under the BIT.

On July 12, 2019, the ICSID tribunal had awarded the TCC compensation of $5.894 billion, plus interest of $700,000 per day in damages against Pakistan. Meanwhile, the London Court of Arbitration also imposed another $4 billion fine on Pakistan.

Shortly thereafter, the ICC initiated proceedings for the enforcement of the award in several jurisdictions, including Australia, the United States and the United Kingdom. The ICC also resumed proceedings and was expected to issue an additional sentence against the government of Balochistan.

At the same time, Pakistan challenged the ICSID award by initiating proceedings before it for annulment of the award.

Subsequently, Antofagasta decided not to participate in the reconstituted project and withdrew its claim of $3.9 billion instead of $900 million. All legal proceedings must now be withdrawn permanently by the TCC and Pakistan.

Buffett’s Berkshire Hathaway buys another 5.99 million shares of Occidental Thu, 29 Sep 2022 01:38:00 +0000

Sep 28 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) bought an additional 5.99 million shares of Occidental Petroleum Corp (OXY.N), taking its stake to 20.9% after shares of the oil company have lost about a fifth of their value in less than a month.

The purchases were made between Sept. 26 and 28 and cost about $352 million, Berkshire said in a regulatory filing Wednesday.

Following the purchases, Berkshire now owns about 194.4 million shares of Occidental worth about $11.9 billion, based on Occidental’s Wednesday closing price of $61.41.

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Berkshire had been seven weeks since its last purchase of Occidental shares, pushing its stake above 20%.

The Houston-based oil company’s share price then rose, peaking at $77.11 on Aug. 29, before falling amid broader weakness in U.S. equity markets. Berkshire paid between 50 and 60 per share in purchases this week.

Occidental’s share price has more than doubled this year, benefiting from higher oil prices following Russia’s February 24 invasion of Ukraine.

Berkshire’s stake would allow Buffett’s Omaha, Nebraska-based conglomerate to report its proportionate share of Occidental’s earnings along with its own operating results, under the so-called equity method.

In August, a US energy regulator allowed Berkshire to buy up to 50% of Occidental’s common stock. Read more

Berkshire also owns $10 billion of Occidental preferred stock, which generates $800 million in annual dividends.

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Reporting by Jonathan Stempel in New York and Akriti Sharma in Bengaluru; Editing by Subhranshu Sahu

Our standards: The Thomson Reuters Trust Principles.

Dowager Marchioness of Bath, actress and wife of ‘Loins of Longleat’, has died aged 78 Tue, 27 Sep 2022 16:43:50 +0000

According to Time, her “career received a boost” when she married Gilbert Pineau, a French film director, in 1963. Despite her marriage, Anna remained in contact with Thynne (who later legally removed the “e” from the end of his last name so that it rhymes with ‘pine’ and not ‘pine’) throughout his twenties. In 1969, after her marriage to Pineau deteriorated, Thynne asked Anna to marry him, in the hope that she might produce an heir to her Wiltshire estate; “I broached the idea of ​​a son and asked if she wanted to be the mother,” he said People reviewed in 1976.

The couple married when Anna was three months pregnant at a registry office in London, with witnesses (one of whom had never met Anna), whom they followed with a lunch of pizza. Later, Anna recalled, “I don’t want it to sound boring, because it wasn’t. For me, it was terribly romantic”.

Ceawlin Thynn, Viscount Weymouth and Viscountess Emma WeymouthDavid M. Benett/Getty Images

Anna was easily bored easily; after giving up acting, she reinvents herself as a journalist, writing for the Time and Point magazine; she also published two books in her lifetime. In 1971, she went to Vietnam to live with the military, sleeping on their floors; she was once taken by an air raid in Cambodia, where she was stuck in a hole for four days.

After her son proposed to Emma McQuiston (now Marchioness of Bath), who is half Nigerian, Anna made her disapproval of the match known, refusing to attend the wedding in 2013.

The Dowager Marchioness of Bath is now survived by her son and daughter. She died of undisclosed causes on September 17, 2022.

Credit Suisse could turn to Warren Buffett for ideas Tue, 27 Sep 2022 06:37:41 +0000

There are two ways to fix Credit Suisse Group AG: fast and expensive, or slow and expensive. Its leaders know the problems of the Swiss bank and have a good idea of ​​what they want the bank to become. The puzzle Chairman Axel Lehmann and the rest of the board are struggling to solve is how to get from here to there – and how to pay for the trip.

Rumors are circulating: he could leave the United States altogether (this one at least was quickly denied); it will split into two or even three pieces; outside investors will finance part of its investment bank; or maybe he’ll run this business to fend for himself. All of this is troubling for the bank’s most valuable customers and most successful remaining bankers. Investors, lenders, staff and clients need to see a detailed and plausible roadmap quickly, or Credit Suisse’s fate will be years of struggling to cut costs as quickly as it loses revenue.

To quell the chatter, the bank released a statement on Monday saying its full review was on track, including potential sales of assets or entire businesses. The bank needs seed funding to restructure quickly: a long-term option could be to seek out a white knight, like Warren Buffett, who invested in some institutions during the 2008 financial crisis.

To recap briefly: Credit Suisse hasn’t earned its cost of capital in over a decade, with the investment bank largely to blame. Its average annual return on equity from 2011 to last year was just 1.5%. An expected loss this year of nearly $2 billion will bring its cumulative result for the past eight years to a net loss of nearly $500 million. Without insisting, Credit Suisse shares have long been a bad investment.

Parts of investment banking are still profitable, but unexpected losses, restructurings, fines and other issues have steadily undermined the elements that have worked. The answer is to scale it back significantly, focus on activities most relevant to its private banking and wealth management businesses, and ensure it pays for itself by earning its own cost of capital. That’s the view Lehmann laid out during the bank’s July results.

Credit Suisse’s investment bank is expected to end up with teams of bankers advising entrepreneurs and some companies on debt and stock market trading and fundraising. He will also need traders focused on equities and currencies, which are the preferred areas of investment and speculation for wealthy clients. But these operations will have to be lightened and made much more efficient than today.

What it won’t need are ranks of bond and interest rate traders, a big business focused on funding private equity buyouts with leveraged loans, and (even less) its securitized products division, which buys things like mortgages and leveraged loans and wraps them in bonds.

How to get rid of this second set of activities is the difficult question, and time is running out. The crash in its share price and rising yields on its own debt make the bank more expensive to fund and less attractive as a trading counterparty, which could lead to a loss of business as it did for Deutsche Bank. AG.

The quick fix is ​​to ask shareholders to prepay the restructuring. Deutsche Bank analysts think about $4 billion would cover it; RBC Capital Markets analysts say up to $6 billion would be needed. With the stock hitting a record high last week and trading at a valuation less than a quarter of its expected book value, Credit Suisse’s board won’t want to go.

That would be hugely expensive: $4 billion is more than a third of the bank’s market value today, up from less than a sixth a year ago and a ninth before Credit Suisse lost more than 5 billions of dollars when Archegos Capital Management collapsed.

The slowest way would be to split the part of the investment bank it doesn’t want into a non-essential division. It’s a familiar playbook in Europe designed to get investors to focus on the best companies that will be retained and ignore those that will eventually die. The hope is that investors are pricing the bank’s stock on the former and not too worried about how long it will take to get rid of the latter. This tends not to work very well because non-essential businesses quickly lose revenue, but their costs and assets take longer than expected to shift.

A cleaner, faster break will always be better. Investors are more likely to increase the value of core Credit Suisse if its promised returns are much closer to the returns they actually receive. There are other ways Credit Suisse could find funds to get out of trouble.

First, his own suggestion is to get an outside investor to put capital into his securitized products division and maybe eventually buy it outright. However, potential partners like France’s BNP Paribas SA or US private equity firm Apollo Global Management are more likely to bid for specific assets than close a deal, according to analysts at Citigroup Inc.

Credit Suisse could pursue an earlier idea of ​​listing a minority stake in its Swiss national bank, which would likely be more valuable than the rest of the group and easily raise $4 billion. But that would remove much of Credit Suisse’s most reliable earnings and leave investors even less interested in the rest.

A third way that would still be costly, but potentially less damaging to shareholders, would be to seek out the type of investment that Buffett made in Goldman Sachs Group Inc. and Swiss Re AG during the 2008 financial crisis. Credit Suisse could seek a patient, deep-pocketed investor and sell them instruments with fixed yields more similar to debt and perhaps an option to convert to equity at a price that would represent a strong recovery for the bank.

That would be expensive funding – perhaps more than the roughly 10% return paid by Goldman and Swiss Re – and the bank would likely have to negotiate with regulators exactly where it fits into its regulated capital base. But Credit Suisse has already been a pioneer in paying bankers in hybrid forms of capital. And this option could be much cheaper than a direct stock sale. It would also allow everyone to see a light at the end of the tunnel much sooner.

More from Bloomberg Opinion:

• Credit Suisse and the Hotel California effect: Marc Rubinstein

• Change at Credit Suisse? Don’t Hold Your Breath: Paul J. Davies

• The ghost of Greensill will haunt the world of finance: Lionel Laurent

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times.

More stories like this are available at

]]> XVA Solution of the Year: Murex Mon, 26 Sep 2022 02:00:01 +0000

For the third consecutive year, Murex has won the Asia Risk Awards’ XVA solution of the year. Murex’s MXThe .3 management platform has once again provided one of the most accurate and cost effective solutions in the industry XVA calculations – something the market desperately needs.

As credit and funding spreads have widened due to the outbreak of Covid-19 and the war in Ukraine, the costs of credit valuation and funding valuation adjustment have increased. Meanwhile, fluctuations in market volatility have affected exposures at default, increasing the cost of capital for counterparty credit risk. XVA describes a family of derivative valuation adjustments after accounting for funding, credit risk and regulatory capital costs. Concessionaires generally incorporate the costs associated with XVAs in the price of a new trade.

As a result, traders need to rebalance hedges with increasing frequency as markets evolve and client demands for novating, restructuring existing positions, and pricing new types of trades increase. This is where Murex’s solution helps customers keep their operating costs under control, as banks need to calculate XVAs in real time and at scale using complex analytics.

When asked what differentiates his XVA solution from other publishers, the French software publisher is proud of its consistency, from pricing to risk management and finance. Its solution is natively embedded with all the MX.3 multi-asset platform services, and accesses all trade, market and counterparty data already in the system.

Corrections and reruns can be managed seamlessly within the platform, and no data interpretation and mapping is required, providing consistent position modeling, representation and management, XVAs and hedging throughout the calculation chain.

This contrasts sharply with the autonomy of some providers XVA systems, which require cumbersome and costly integration with banks’ trading platforms or double-booking of trades. The resulting data and model discrepancies between the front office and XVA calculations often lead to valuation errors and inaccurate coverages.

Murex does not say anything else XVA on the market provides a fully integrated solution that offers sellers and traders a single tool to assess, account for and manage the risks of their OTC derivatives with consistent calculations XVA price adjustments.

MX.3 recessed XVA pricing and transferring fees into the day-to-day tools of sales and merchants, giving them the autonomy to set the price and negotiate transactions with their customers instantly without waiting for the XVA office to price offers.

Murex customers appreciate the service. A leader of XVA quants from an Australian bank said their bank chose Murex’s platform because it allows XVA office to focus on more complex transactions and manage book risk. “Providing 24/7 pricing capability puts the sales staff back in control and eliminates the need for vanilla XVA prices should be channeled through the XVA office,” he said.

Providing 24/7 pricing capability puts sales staff back in control and eliminates the need for vanilla XVA prices should be channeled through the XVA desk

Boss of XVA quants in an australian bank

The XVA The Pricer tool enables proactive intraday monitoring and dynamic hedging, which means traders run complex pre-trade simulation analysis and calculate in real time XVA costs and sensitivities.

The XVA Pricer has rolled out its latest extension to make it easier XVA pre-negotiation hedging by integrating XVA sensitivities. Murex says this capability is now available to customers in Asia Pacific, where there is continued interest given current market conditions.

Murex’s XVA Other solution differentiators include its extensive and expandable product coverage. It supports customers’ exclusive products and models, providing a XVA user gain language in Python for scripting gain definitions so they can be evaluated in the XVA frame.

Native integration between the front office and risk engines also dramatically improves time to market for new products and analytics. For example, Murex was able to seamlessly deploy system adaptations for new risk-free rate gains across the value chain as more market participants transitioned to a new suite of risk-free rates. Libor reference.

Although already a market leader in the space, Murex has continued to make valuable investments in cutting-edge technology for an evolving ecosystem.

He understands that XVA requires enormous computing power to produce accurate results in real time and in batch mode, so he developed a patented programming framework specifically for XVAand provided optimal, vertical scalability on CPU and GPUs grids. (GPUsor graphics processing unit, is a specialized processing unit with enhanced mathematical computing capability, ideal for computer graphics and machine learning tasks.)

On that note, Murex is exploring machine learning models to XVA as his team tested the use of neural networks in pricing and benchmarking, including replicating the differential machine learning approach on Exotics. He is currently analyzing whether the approaches can be applied to a wider range of portfolios.

In addition, MX.3 has successfully deployed its compute engines on the cloud, providing customers with pay-as-you-go access.

The new cloud-based managed services, PBaaS, has significantly lowered entry barriers for small banks. It requires minimal setup and no additional infrastructure, leveling the playing field when it comes to commercial pricing and XVA cost management.

September 25, Sandra Day O’Connor is sworn in Sun, 25 Sep 2022 04:03:40 +0000 Today is Sunday, September 25, the 268th day of 2022. There are 97 days left in the year.

Today’s highlight in the story:

On September 25, 1957, nine black students who had been forced to withdraw from Central High School in Little Rock, Arkansas, due to unruly white crowds, were escorted to class by members of the U.S. Army’s 101st Airborne Division .

To this date :

In 1513, Spanish explorer Vasco Nunez de Balboa crossed the Isthmus of Panama and sighted the Pacific Ocean.

In 1789, the first United States Congress passed 12 amendments to the Constitution and sent them to the states for ratification. (Ten of the amendments became the Bill of Rights.)

In 1919, President Woodrow Wilson collapsed after a speech in Pueblo, Colorado, during a national speaking tour in favor of the Treaty of Versailles (vehr-SY’).

In 1956, the first transatlantic telephone cable was officially put into service with a ceremonial three-way call between New York, Ottawa and London.

In 1964, the situation comedy “Gomer Pyle, USMC”, starring Jim Nabors, premiered on CBS-TV.

In 1978, 144 people were killed when a Pacific Southwest Airlines Boeing 727 and a private plane collided over San Diego.

In 1981, Sandra Day O’Connor was sworn in as the first female Supreme Court Justice.

In 1992, NASA’s Mars Observer lifted off on a $980 million mission to the Red Planet (the probe disappeared just before entering Mars orbit in August 1993).

In 1994, Russian President Boris Yeltsin embarked on a five-day tour of the United States upon his arrival in New York, hoping to encourage American investment in his country’s struggling economy.

In 2016, golf legend Arnold Palmer, 87, died in Pittsburgh. Miami Marlins right-handed ace Jose Fernandez, 24, was killed in a boating accident with two friends off Miami Beach. Country singer Jean Shepard, a staple of the Grand Old Opry, has died in Nashville at age 82.

In 2018, Bill Cosby was sentenced to three to 10 years in state prison for drugging and assaulting a woman in his suburban Philadelphia home. (After nearly three years in prison, Cosby was released in June 2021 after the Pennsylvania Supreme Court overturned his conviction.)

In 2020, the late Supreme Court Justice Ruth Bader Ginsburg was in state on the United States Capitol, making history as the first woman so honored in America. Governor Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida and banned local fines against people who refuse to wear masks as he seeks to reopen the state’s economy despite the spread of the coronavirus. coronavirus.

Ten years ago: President Barack Obama, addressing the United Nations General Assembly, pledged US support for Syrians trying to oust President Bashar Assad, calling him “a dictator who slaughters his own people. Singer and television host Andy Williams has died at his home in Branson, Missouri, at the age of 84.

Five years ago: Former Congressman Anthony Weiner was sentenced to 21 months in prison for illicit online contact with a 15-year-old girl. North Korea’s top diplomat says his country has the right to shoot down US fighter jets, after President Donald Trump’s weekend tweet suggesting the North’s Kim Jong Un ‘won’t be around for very long “. Britain’s Prince Harry and his girlfriend Meghan Markle made their first public appearance as a couple, attending a wheelchair tennis event at the Invictus Games for injured veterans in Toronto.

A year ago: An Amtrak train derailed in north-central Montana killing three people and leaving seven others hospitalized.

Today’s birthdays: Former journalist Barbara Walters turns 93. Folk singer Ian Tyson is 89 years old. Polka bandleader Jimmy Sturr is 81 years old. Former Secretary of Defense Robert Gates is 79. Actor Josh Taylor is 79 years old. Actor Robert Walden is 79 years old. Actor-producer Michael Douglas is 78 years old. Model Cheryl Tiegs is 75 years old. Actor Mimi Kennedy is 74 years old. Director Pedro Almodovar is 73 years old. Actor-director Anson Williams is 73 years old. Actor Mark Hamill is 71 years old. Basketball Hall of Famer Bob McAdoo is 71 years old. Actor Colin Friels is 70 years old. Actor Michael Madsen is 64 years old. Actor Heather Locklear is 61 years old. Actor Aida Turturro is 60 years old. Actor Tate Donovan is 59 years old. TV personality Keely Shaye Smith is 59. Actor Maria Doyle Kennedy is 58 years old. Jason Flemyng is 56 years old. Actor Will Smith is 54 years old. Actor Hal Sparks is 53 years old. Actor Catherine Zeta-Jones is 53 years old. Rock musician Mike Luce (Drowning Pool) is 51 years old. Actor Bridgette Wilson-Sampras is 49 years old. Actor Clea DuVall is 45 years old. Actor Robbie Jones is 45 years old. Actor Joel David Moore is 45 years old. where Chris Owen is 42 years old. Rapper TI is 42 years old. Actor Van Hansis is 41 years old. Actor Lee Norris is 41 years old. Actor/rapper Donald Glover (aka Childish Gambino) is 39 years old. Actor Zach Woods is 38 years old. Actor Jordan Gavaris is 33 years old. Olympic silver medalist figure skater Mao Asada is 32 years old. Actor Emmy Clarke is 31 years old.

Hannover Re, Berkshire Hathaway, Korean Reinsurance – InsuranceNewsNet Sat, 24 Sep 2022 14:37:30 +0000

Edison, New Jersey — (SBWIRE) — 09/24/2022 — The latest published study on the global market for reinsurance services by WADA Research assesses market size, trend and forecast to 2027. Reinsurance Services market study covers significant research data and proves to be a handy reference document for marketers managers, analysts, industry experts and other key people to have ready to access and self-analyzed study to help understand market trends, growth drivers, opportunities and challenges ahead and about competitors .

Download Sample PDF Report (including full TOC, Table and Figures) @

Key players in this report include:
Munich Reinsurance Company (Germany), Swiss Re AG (Swiss), Hanover Re (Germany), SCOR SE (France), Berkshire Hathaway Inc. (United States), China Reinsurance Company (group) (China), Lloyd’s (UK), Canada Life Re (Canada), Reinsurance Group of America Inc. (United States), Korean reinsurance company (South Korea)

Reinsurance gives the insurer more security for its capital and solvency by improving its ability to bear the financial burden when unusual events occur. Reinsurance services provide stability in times of financial crisis and are good for the insurance industry. Reinsurance is a valuable investment. It acts as a protection against natural calamities and other disasters. Reinsurance is an agreement between two damage insurers to share the financial consequences of a claim.

Market trends:
Advancement in new technologies, including cloud storage, mining and analysis of external and other data

Market factors:
Growing demand for reinsurance services from insurers
Increase customers’ focus on reducing the burden of risk to their lives and things in general

Market opportunities:
New platform-based investments such as crowdfunding marketplaces will provide opportunities for Reinsurance services Investors

The global reinsurance services market segments and market data breakdown are illustrated below:
by Type (Facultative Reinsurance, Conventional Reinsurance, Proportional Reinsurance, Non-Proportional Reinsurance, Others), Application (General Reinsurance, Life Reinsurance), End-Use Verticals (Institutional, Individual), Sales (Direct, Agents)

The global Reinsurance Services Market report highlights insights regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders make sound decisions that can help ensure the trajectory of earnings over the forecast years.

You have a question ? Market Ask Before Buy @

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egyptetc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombiaetc.)
Europe (Turkey, Spain, TurkeyNetherlands Denmark, Belgium, Swiss, GermanyRussia UK, Italy, Franceetc.)
Asia Pacific (Taiwan, hong kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesiaand Australia).

Report objectives:
To carefully analyze and forecast the Reinsurance Services market size by value and volume.
-Estimate the market shares of the main segments of reinsurance services
To present the Reinsurance Services market development in different parts of the world.
To analyze and study the micro markets in terms of their contributions to the Reinsurance Services market, their prospects, and individual growth trends.
-To offer accurate and helpful details about factors affecting the growth of Reinsurance Services
-To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Reinsurance Services market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments and product launches.

Buy Full Assessment of Reinsurance Services Market Now @

Main highlights of the table of contents:

Reinsurance Services Market Research Coverage:
It includes major manufacturers, emerging player’s growth story and major business segments of Reinsurance Services market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
Executive Summary of Reinsurance Services Market: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends and issues, and macroscopic indicators.
Reinsurance Services Market Production by Region Reinsurance Services Market profile of manufacturers-players is studied based on SWOT, their products, production, value, financials and other vital factors .
Key points covered in the Reinsurance Services market report:
Overview, Definition and Classification of Reinsurance Services Market Drivers and Obstacles
Competition in the reinsurance services market by manufacturers
Impact Analysis of COVID-19 on the Reinsurance Services Market
Reinsurance Services Capacity, Production, Revenue (Value) by Region (2022-2027)
Reinsurance Services Supply (Production), Consumption, Export, Import by Region (2022-2027)
Reinsurance Services Manufacturers Profiles/Analysis Reinsurance Services Manufacturing Cost Analysis, Industry/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

Browse Full Summary & TOC @

Answers to key questions:
How feasible is the market for reinsurance services for long-term investment?
What are the factors influencing the demand for reinsurance services in the near future?
What is the impact analysis of various factors on the growth of the Global Reinsurance Services Market?
What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, South East Asia.

For more information on this press release, visit: -reinsurance-1361599.htm

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Maruti Grand Vitara Launch Date September 26 – Full Details Fri, 23 Sep 2022 09:53:37 +0000

The highly anticipated Maruti Suzuki Grand Vitara SUV will go on sale in India on the 26the September 2022. Ahead of its official arrival, the model garnered over 55,000 reservations and its powerful hybrid variants are in high demand. It will be available in 6 versions, namely Sigma, Delta, Zeta, Zeta+, Alpha and Alpha+.

The automaker will offer the new Maruti Grand Vitara in 3 two-tone colors and 6 monotone colors. Unique paint schemes include Opulent Red, Splendid Silver, Grandeur Grey, Arctic White, Chestnut Brown and Nexa Blue. The two-tone colors are Arctic White with black roof, Splendid Silver with black roof and Opulent Red with black roof.

Buyers can get the new Maruti Grand Vitara with two hybrid powertrains – 1.5L K15C Mild Hybrid and 1.5L TNGA Atkinson Cycle. While the first produces 103 hp with 137 Nm, the second returns a power of 115 hp. Mild hybrid variants will be available with a 5-speed manual and a 6-speed automatic. The powerful hybrid will be available with eCVT. Note that Suzuki’s AllGrip AWD system can only be used with the manual Alpha trim. Lily – Maruti Suzuki records 2.40 Lakh bookings for UVs

The automaker has already confirmed that the Grand Vitara mild hybrid manual and automatic 2WD promise fuel consumption of 21.11 kmpl and 20.58 kmpl respectively. The powerful hybrid with AllGrip AWD manual transmission and eCVT gearbox delivers 19.38 kmpl and 27.97 kmpl respectively.

Launch of the Maruti Grand Vitara

Features such as leatherette steering wheel, black leatherette seats, ventilated front seats, upgraded audio system, 360 degree camera, lighting lamps and tire pressure monitoring system are available exclusively on the high-end Alpha+ variant.

The Zeta+ trim features a 7.0-inch all-digital instrument panel, wireless charger, head-up display, ambient dashboard lighting, panoramic sunroof , an all-black interior with gold accents, dark gray front and rear skid plates, silver roof rails and two-tone color options.

Regarding safety, the new Maruti Grand Vitara offers several airbags, electronic stability program with Hill Hold, rear parking sensors, ABS with EBD, Isofix support, 3-point seat belts for all seats, reversing camera and descent control.

Maruti Grand Vitara Launch Date September 26 – Full Details

Reinsurance Carrier Market Analysis and Forecast for the Next 5 Years – InsuranceNewsNet Fri, 23 Sep 2022 02:35:50 +0000

New JerseyNJ–(SBWIRE)– 09/22/2022 — A new intelligence report released by HTF MI with the title “Global Carrier Reinsurance Market Investigation and Outlookis designed to cover the micro level of analysis by insurers and major business segments, offerings, and sales channels. Global Reinsurance Carriers offer energetic insights to determine market size, opportunities, business model, growth and competitive environment. The research is derived from given primary and secondary sources and includes both qualitative and quantitative detail. Some of the key players profiled in the study are Munich Reinsurance Company (Germany), Swiss Re AG (Swiss), SCOR SE (France), Berkshire Hathaway Inc. (United States), China Reinsurance Company (group), PartnerRe Ltd. (Bermuda), Transatlantic Holdings, Inc. (United States), Sompo International Holdings, Ltd. (Bermuda), The Toa Reinsurance Company, Limited (Japan) and Axis Capital Holdings Limited (Bermuda) etc.

What keeps Munich Reinsurance Company (Germany), Swiss Re AG (Swiss), SCOR SE (France), Berkshire Hathaway Inc. (United States), China Reinsurance Company (group), PartnerRe Ltd. (Bermuda), Transatlantic Holdings, Inc. (United States), Sompo International Holdings, Ltd. (Bermuda), The Toa Reinsurance Company, Limited (Japan) and Axis Capital Holdings Limited (Bermuda) etc. Ahead of the market? Compare yourself with strategic moves and findings recently released by HTF MI

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Reinsurance Carrier Market Overview
The Reinsurance Carriers company presents offers of insurance plans for insurance companies. Reinsurers rely on some or all of the legal liability for one or more insurance coverages and indemnify insurers within limited parameters for prescribed losses incurred under that insurance policy. Reinsurer is a business that provides financial security to insurance companies. Reinsurers face risks too great for insurance groups to manage on their own and allow insurers to reap greater business enterprise than they would otherwise be able to. Reinsurers also allow major insurers to hold less capital available to cover potential losses.

In-depth study of reinsurance carriers by application (agency, broker, bancassurance, others), reinsurance (facultative reinsurance, conventional reinsurance, proportional reinsurance, non-proportional reinsurance, others)

Market trend
-Adoption of advanced technology to improve the complaints handling process

Market factors
– Educate the public about insurance
-Increase in standardized prices

-Increase its relevance, as global macroeconomic conditions

-High amount of reinsurance premium

– Absence of a robust and well-defined market for cyber risk
-Low interest rates leading to low yields and affecting investment returns

Geographically, the global version of the report includes the following countries:
North America [United States, Canada and Mexico]– Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and Rest of Europe]– Asia Pacific [China, Japan, South Korea, India, Australia, Indonesia and Others]– South America [Brazil, Argentina, Colombia and Rest of South America]– Middle East and Africa (South Africa, Turkey, IsraelGCC countries and rest of Africa)

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This study mainly helps to understand which market segments or countries; Insurance companies, aggregators should focus in the coming years to channel their efforts and investments in reinsurance companies to maximize growth and profitability. Growth in 2020 is significantly slower and markets mature North America and Western Europe requires considerable effort to address these trends due to the dynamic macroeconomic and regulatory environment.

Distribution channels in the insurance industry are still of great importance, reflecting the “push” nature of the offering of reinsurance carriers in the industry. The distribution model has continued to evolve as insurers attempt to better connect with their customers. Over the years, the reinsurance insurer sector has seen a clear predominance of face-to-face sales (agents and brokers). However, with increasing internet penetration and customers preferring convenience, the digital mode of selling is becoming increasingly popular among insurers.

In addition, the years considered for the study are as follows:
Historic year – 2016-2020
Reference year – 2020
Forecast Period – 2021 to 2026
Access the Global Carrier Reinsurance Market Report now; buy latest [email protected]:

Main highlights of the table of contents:

Chapter One: Industry Overview of Global Carrier Reinsurance Market
1.1 Carrier Reinsurance Industry
1.1.1 Overview
1.1.2 Large Company Products
1.2 Carrier Reinsurance Market Segment
1.2.1 Industrial Chain
1.2.2 Consumer behavior and distribution channels

Chapter Two: Global Carrier Reinsurance Market Demand
2.1 Overview of segments
2.2 Global Carrier Reinsurance Market Size by Application/End Users (2016-2020)
2.3 Global Carrier Reinsurance Market Forecast by Application/End Users (2021-2026)

Chapter Three: Global Carrier Reinsurance Market by Type
3.1 By type
3.2 Carrier Reinsurance Market Size by Type (2016-2020)
3.3 Carrier Reinsurance Market Forecast by Type (2021-2026)

Chapter Four: Reinsurance Carriers Market: By Region/Country
4.1 Carrier Reinsurance Market by Regions
4.2 Carrier Reinsurance Revenue and Market Share by Regions
4.3 North America
4.4 Europe
4.5 Asia Pacific
4.6 South America
4.7 Middle East & Africa

Chapter Five: Player Analysis
5.1 Market Share Analysis by Players (2019-2021E)
5.2 Market Concentration Rate by Regions
5.3 Company Profiles


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Thank you for reading the Carrier Reinsurance Industry Research Publication; you can also get individual chapter wise section or region wise report version like UNITED STATES, China, South East AsiaLATAM, APAC etc

About the Author:
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