CBE

US P/C Industry 2023 Underwriting Performance Improved, but Personal Lines Continue to Drag, New Triple-I/Milliman Report Shows

Retrieved on: 
화요일, 5월 14, 2024
Consulting, Professional Services, Insurance, CPI, COVID-19, Acceleration, Building material, Milliman, Overalls, National Council, MAAA, Growth, CBE, FCAS, Economics, Insurance Information Institute, NCCI, P&C

While improved relative to 2022, personal lines remained the major driver of unprofitability in 2023.

Key Points: 
  • While improved relative to 2022, personal lines remained the major driver of unprofitability in 2023.
  • Dale Porfilio, FCAS, MAAA, chief insurance officer at Triple-I, discussed the overall P&C industry underwriting projections and premium growth.
  • For 2023, the personal lines expense ratio improved by almost 2 points over 2022, most dramatically in personal auto.
  • The net written premium growth rate for personal lines surpassed commercial lines by over seven points in 2023.

PRA Group Nominates Dame Jayne-Anne Gadhia to Board of Directors

Retrieved on: 
화요일, 5월 14, 2024
Ozone, API, Chairperson, Vanquis Bank, CVO, PRA Group, MoneyFarm, Most, Woman, Government, Snoop, CBE, Honour, Commander, Virgin Money, Royal, Salesforce, HMRC, The Prince's Foundation

NORFOLK, Va., May 14, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that its Board of Directors has nominated Dame Jayne-Anne Gadhia as a new independent director of the company. Her nomination will be considered at the 2024 PRA Group Annual Meeting of stockholders on Thursday, June 13.

Key Points: 
  • NORFOLK, Va., May 14, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that its Board of Directors has nominated Dame Jayne-Anne Gadhia as a new independent director of the company.
  • Her nomination will be considered at the 2024 PRA Group Annual Meeting of stockholders on Thursday, June 13.
  • Gadhia has more than 30 years of experience with some of the U.K.'s largest financial and tech institutions.
  • "It is a privilege to nominate Jayne-Anne—a highly respected industry leader and community champion whose transformational work has been recognized at the highest levels—to PRA Group's Board of Directors.

Triple-I: Current Slowdown in US P/C Replacement Costs Likely Short-Lived; May Grow Faster Than Overall Inflation by 2026

Retrieved on: 
목요일, 5월 9, 2024
Insurance, Professional Services, Pain, Consumer, CPI, Building material, CBE

P/C replacement costs have grown 1.5% year-to-date in 2024, below overall inflation of 3.5%.

Key Points: 
  • P/C replacement costs have grown 1.5% year-to-date in 2024, below overall inflation of 3.5%.
  • “We expect P/C replacement costs to increase by 1.5% in 2024 and 2.5% in 2025, below overall inflation in both years, and increase by 3.2% in 2026,” Léonard said.
  • Using Triple-I’s own CPI forecast as the basis for comparison, U.S. P/C replacement costs are expected to grow below overall inflation by an average of 1.75% over the next two years.
  • This is after P/C replacement costs grew at a multiple of overall inflation during and after the pandemic.

Mission Based Media Welcomes Amanda Brown, Distinguished Media Executive, to Strategic Advisory Board

Retrieved on: 
수요일, 5월 8, 2024
Interview, BBC, Radio, State, CBE, Health, Central Waqf Council, BBC Radio 4, Mission, AudioBoom, RTE, Amanda Brown, Television, NPR, Management

LONDON, May 8, 2024 /PRNewswire/ -- Mission Based Media, an integrated digital media and health content company specializing in podcasts, is excited to announce the appointment of Amanda Brown to its Strategic Advisory Board. With more than 15 years of experience as an executive in various media sectors, Amanda has a rich background in strategy, content creation, and team management across audio, digital, print, and television platforms.

Key Points: 
  • Mission Based Media's Strategic Advisory Board guides the development of audio-first health content that engages, educates and empowers listeners
    LONDON, May 8, 2024 /PRNewswire/ -- Mission Based Media, an integrated digital media and health content company specializing in podcasts, is excited to announce the appointment of Amanda Brown to its Strategic Advisory Board.
  • "I am excited to join Mission Based Media, as a member of its Strategic Advisory Board," said Amanda Brown.
  • Amanda brings a deep understanding of the audio-first media environment, having served as the Chief Operating Officer at Campside Media in New York.
  • "Amanda is highly regarded in the media industry, and brings a tremendous network and skill set to our team," said Dan Kendall, CEO and founder of Mission Based Media.

Chart Industries Reports First Quarter 2024 Financial Results

Retrieved on: 
금요일, 5월 3, 2024
Hydrogen, Transfer, PFAS, Energy Observer, Howden, EPA, Safety, Cedar, CBE, FCF, Partnership, Collection, Artificial intelligence, Water, History, Urbanization, Intelligence, CCUS, Public expenditure, HTS, Digital, Chart, EPS, CTS, Ageing, RSL, Growth, Video game

ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) today reported results for the first quarter ended March 31, 2024.
  • First quarter 2024 Segment Results (as compared to the first quarter 2023, pro forma continuing operations unless noted otherwise):
    Cryo Tank Solutions (“CTS”): First quarter 2024 CTS orders of $159.3 million decreased 4.5% when compared to the first quarter 2023, driven by a large rail car order in the first quarter 2023 and increased 1.4% sequentially to the fourth quarter 2023, with continuing pickup in demand in EMEA industrial gas.
  • Specialty Products: First quarter 2024 Specialty Products orders of $391.3 million increased 39.2% when compared to the first quarter 2023.
  • Also, we won 22 Digital Uptime projects in the first quarter 2024, the most in any quarter since we acquired Howden.

Vaccinologists Keith Klugman and Shabir Madhi Awarded Sabin’s Prestigious Gold Medal; Infectious Diseases Epidemiologist Nicole Basta Receives Rising Star Award

Retrieved on: 
금요일, 4월 19, 2024
Education, Science, Mentorship, MenAfriVac, Death, Vaccine, Life, Government, Rising Star Award, Klugman, Basta, Global health, Vaccination, Public, Diarrhea, Neonatal sepsis, Princeton University, Developing country, SAMRC, Meningococcal vaccine, Gold medal, DRS, Child, McGill University, RSV, Tomer Capone, Infection, National academy, Pneumonia, Pregnancy, Publication, Health, Research, Meningococcal disease, Sabin Vaccine Institute, Gold, Rotavirus, Student, Organization, GBS, University of the Witwatersrand, University, Canada Research Chair, Florida Department, CBE, Policy, Fever Dream, Disease, Meningitis, HPV, COVID-19

Fueled by an early interest in science as a child in South Africa -- in part due to a physician father – Klugman holds both a medical as well as a science doctorate degree from Wits University and was the first student in the school’s history to obtain them simultaneously. He began his research career nearly five decades ago investigating the typhoid vaccine and has since distinguished himself as a formidable infectious diseases’ scientist. Klugman is widely known for his work on pneumonia, which still kills a child under five every 43 seconds, many in the world’s poorest countries. As the director of the pneumonia program at the Seattle-based Bill and Melinda Gates Foundation, Klugman orchestrates strategic initiatives aimed at reducing deaths from pneumonia, RSV, neonatal sepsis, and meningitis. He has authored hundreds of publications that have been cited over 50,000 times to date and has been elected to the National Academy of Medicine in the United States. Klugman is also a professor emeritus of global health at Atlanta’s Emory University.

Key Points: 
  • Klugman first met his then-graduate student Madhi at South Africa’s University of the Witwatersrand (also known as Wits University), where Klugman established, and Madhi expanded, a now globally renowned infectious diseases research institute.
  • He began his research career nearly five decades ago investigating the typhoid vaccine and has since distinguished himself as a formidable infectious diseases’ scientist.
  • His scientific achievements aside, Klugman has long championed the need for the world’s poorest children to have equitable access to vaccines.
  • Sabin’s Rising Star award was created in 2020 to encourage and recognize the next generation of vaccine and immunization leaders.

Dr. Sam Barrell CBE appointed as CEO of LifeArc

Retrieved on: 
금요일, 4월 19, 2024
Somerset NHS Foundation Trust, NHS, LifeArc, Francis Crick, Investment, CBE, Family medicine, Assura plc, Growth, Knowledge, PACE, Patient, Medicine, Interim, Crick, Senior, Management

LifeArc is pleased to announce the appointment of Dr. Sam Barrell, CBE, as Chief Executive Officer.

Key Points: 
  • LifeArc is pleased to announce the appointment of Dr. Sam Barrell, CBE, as Chief Executive Officer.
  • Sam will join LifeArc from the Francis Crick Institute where she is currently Deputy CEO with responsibility for strategic management and operational leadership, as well as deputising for the Director, Sir Paul Nurse.
  • Sam received a CBE in 2014 for her services to healthcare.
  • On behalf of the Board of Trustees, I am delighted to welcome Sam to LifeArc.

Triple-I: Insurance Economic Drivers Outperforming Overall US GDP, and Likely to Gain Further Momentum on Federal Reserve Cuts

Retrieved on: 
목요일, 4월 11, 2024
Insurance, Professional Services, P&C, Fed, Unemployment, Federal Reserve, Overalls, Growth, GDP, CBE, Housing

“Triple-I forecasts P&C underlying growth to increase to 3.4% in 2024, 1.2% above the Fed’s GDP forecast of 2.2%.

Key Points: 
  • “Triple-I forecasts P&C underlying growth to increase to 3.4% in 2024, 1.2% above the Fed’s GDP forecast of 2.2%.
  • It will likely take at least another year for this economic rising tide to lift the P/C industry’s overall growth and performance.”
    “Triple-I expects P&C underlying growth to continue outperforming overall GDP growth into 2025 and 2026,” Léonard said.
  • “Different economic stress scenarios may reduce or widen the spread between P&C underlying growth and overall GDP growth, or even reverse the overall trend of P&C underlying growth outperforming overall GDP growth,” said Léonard.
  • For 2024, Triple-I’s forecast for overall GDP growth is 2.6%, compared to the Fed’s 2.2%.

CBE Announces Expansion with New Office Opening in the Philippines

Retrieved on: 
수요일, 3월 13, 2024
BCG, CBE, Growth, Management

CEDAR FALLS, Iowa, March 13, 2024 (GLOBE NEWSWIRE) -- CBE, a leader in outsourced contact center solutions, is excited to announce the opening of its new office in Southwoods City, Binan City, Laguna, Philippines.

Key Points: 
  • CEDAR FALLS, Iowa, March 13, 2024 (GLOBE NEWSWIRE) -- CBE, a leader in outsourced contact center solutions, is excited to announce the opening of its new office in Southwoods City, Binan City, Laguna, Philippines.
  • Opening Q3 of 2024: With a focused effort on ensuring a seamless setup, CBE will inaugurate Southwoods in early Q3 2024.
  • Expansion Opportunities: The Southwoods City facility adds 100 workstations to CBE’s Philippine footprint, which today includes 228 workstations in Bonifacio Global City.
  • This expansion allows CBE to add support for strategic clients as well as offer professional growth and development opportunities to its existing employees.

Lone Star Analysis Ltd. Opens New Headquarters in Lincoln

Retrieved on: 
목요일, 2월 22, 2024
Other Defense, Contracts, Aerospace, Data Management, Manufacturing, Government Technology, Technology, Consulting, Professional Services, Defense, Military, Other Technology, Software, Data Analytics, Engineering, Air vice-marshal, Mod, LSIP, Innovation Park, Multimedia, AI, Growth, Atmosphere of Earth, University, RAF, Alchemy, CBE, KCB, Air Staff, Royal Air Force, Film industry

Lone Star Analysis Ltd. , a trusted provider of leading-edge predictive and prescriptive analytics and Evolved AI®, has expanded its presence in the U.K., opening its new headquarters in Lincoln, England.

Key Points: 
  • Lone Star Analysis Ltd. , a trusted provider of leading-edge predictive and prescriptive analytics and Evolved AI®, has expanded its presence in the U.K., opening its new headquarters in Lincoln, England.
  • View the full release here: https://www.businesswire.com/news/home/20240221055598/en/
    Steve Roemerman, CEO of Lone Star Aerospace Inc, the US affiliate of Lone Star Analysis Ltd, Air Vice-Marshal (Retd) Gary Waterfall, CBE DL and Group Captain (Retd) Robin Adlam, Managing Director of Lone Star Analysis Ltd. (Photo: Business Wire)
    Air Chief Marshal Sir Richard Knighton, KCB ADC FREng, Chief of Air Staff, officially opened the new facility, joined by other members of the Royal Air Force and guests from the Lincoln area.
  • “We are very pleased to be located in the Lincoln Science and Innovation Park (LSIP),” said Group Captain (Retd) Robin Adlam, Managing Director of Lone Star Analysis Ltd. “The location, as a constituent part of the LSIP, adjacent to the University of Lincoln, is a perfect combination.
  • To learn more about Lone Star Analysis, visit https://lone-star.uk/ .