businessfast

Insurance

Reinsurance costs rise up to 200% as Ukraine war and extreme weather bite

The war in Ukraine and extreme weather events have driven up the cost of reinsurance by as much as 200 per cent in crucial January renewals, according to a new report, threatening to raise premiums and reduce what insurers are...

Industry

Flex Space: Companies leased over 100k seats in 2022

Enterprises have leased more than 100,000 seats in 2022 at co-working facilities, 18% higher than the year before and nearly three times the pre-pandemic level, amid the ongoing trend of hybrid working, according to industry experts. "Continued demand from established...

Opinion

View: Grow a budget in this climate

Before getting buried under the avalanche of expectations of budget minutiae - tax rates, exemptions, incentives, etc - it may be useful to look at the simple macroeconomics of the budget. What kind of macro environment will the finance minister...

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