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Over the last two decades, corporate income tax rates have declined around the world. Today’s map shows the most recent changes in corporate tax rates in European OECD countries, comparing how combined statutory corporate income tax rates have changed between 2017 and 2020. The average tax rate of all European countries covered has declined from…
Read MoreReinsurance brokerage Guy Carpenter, part of the Marsh & McLennan group of companies, has appointed long-time Marsh insurance broking senior executive Dean Klisura as its new President. In a move many will see as a potential step on the route towards a CEO succession at Guy Carpenter, Klisura will become President of Guy Carpenter from…
Read MoreThere’s plenty to like about Trader Joe’s, the quirky grocery store chain that emphasizes good customer service, unique offerings and an eco-friendly mission. We at Money Talks News are Trader Joe’s fans for many purchases, like these “10 Things I Always Buy at Trader Joe’s.” I go there for several grocery staples. But there are…
Read MoreFedNat Holding Company, the U.S. primary insurance carrier group, said that its reinsurance counterparties will be bearing a share of its losses associated with recent hurricane Laura. The insurer also said that it has purchased another reinsurance cover in September, providing extended second-event protection. FedNat said that both its FedNat Insurance Company and Maison Insurance…
Read MoreGlobal reinsurer Swiss Re, which has been expanding its alternative reinsurance capital strategies in recent years, is seeing the “beginning of an influx” of capital into insurance-linked securities (ILS), something it believes will continued, Philipp Rüede, Head of the firms Alternative Capital Partners unit told us. Rüede was speaking to us in a recent interview…
Read MoreIf you are a retiree who finds it tough to make ends meet, join the club. Retiree households had an estimated median income of just $29,000 before taxes in 2019, according to the 20th annual Transamerica Retirement Survey of Retirees. Even worse, just over 1 in 4 retiree households — 27% — reported an income…
Read MoreNetworking can make or break your career, but many of us fear the very thought of pressing flesh and “working a room.” Fortunately, networking doesn’t have to be like that. Like any other social skill, networking has some unwritten rules. Learn this road map, and networking can become surprisingly easy. So just how do you…
Read MoreWelcome to our “Social Security Q&A” series. You ask a question about Social Security, and a guest expert answers it. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It could result…
Read MoreTullett Prebon has successfully completed another issuance through its Insurance Linked Notes (ILN) platform, with a $10 million U.S. wind industry loss instrument arranged, securitised and issued to investors. Electronic and voice interdealer broker and part of the TP ICAP group Tullett Prebon revealed a trading and issuance platform for what it terms Insurance Linked…
Read MoreThis story originally appeared on SmartAsset. According to the American Pet Products Association, Americans spent $95.7 billion on their pets in 2019, with almost $37 billion going toward pet food and treats alone. Given that dogs are among the most popular pets in the U.S., it’s probably no surprise for current or prospective pup parents…
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