Bermuda Insurance Exec Told To Pay UK Tax On Share Options

Lenore Staats

Law360 (September 3, 2020, 8:02 PM EDT) — The top executive of a Bermuda-based insurance company must pay U.K. income tax on share options he exercised while he was no longer a British resident, the Upper Tribunal’s tax chamber ruled.

The tribunal, in a decision issued Wednesday, found that John Charman, CEO of property and casualty insurer Sompo International Holdings Ltd., was liable for tax on the total amount of the options he was granted. Charman had argued that he should pay tax only on share options he vested while he was a U.K. resident.

The tribunal’s decision was dated

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Cape Hopes For ‘Second Summer’ Tourism, As Businesses Continue To Face Challenges

Lenore Staats

Cape Cod officials hope travelers will extend their summer vacation plans and continue to visit the region this fall — and spend money there.

The Cape Cod Chamber of Commerce rolled out a marketing campaign this week dubbed “Second Summer” in an effort to spur fall tourism, especially as many businesses have taken a hit this summer due to the coronavirus pandemic.

Officials said some businesses that typically close after Labor Day plan to remain open through October or November to capture more business. Cape Cod Chamber of Commerce CEO Wendy Northcross said visitors can still enjoy many attractions in

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COVID-19 Impact: Personal Protective Equipment Market for Aerospace and Aviation Industry will Accelerate at a CAGR of over 4% through 2020-2024 | Robust Growth in Global Aerospace Industry to Boost Growth | Technavio

Lenore Staats

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the personal protective equipment market for aerospace and aviation industry and it is poised to grow by USD 241.49 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • At what CAGR is the market projected to grow during the forecast period 2020-2024?
  • Growing
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Vince Stewart Appointed Chief Innovation and Business Intelligence Officer of Ankura

Lenore Staats

Former Deputy Commander of U.S. Cyber Command to Lead Firm’s Commitment to Innovation and Continued Growth

NEW YORK, Aug. 25, 2020 /PRNewswire/ — Ankura, a global business advisory and expert services company, is pleased to announce the appointment of retired Lieutenant General Vincent R. Stewart, USMC to Chief Innovation and Business Intelligence Officer. Lt. Gen. Stewart joins as Ankura optimizes its business to help companies and executives deal with the unprecedented changes and challenges in today’s rapidly evolving business environment.  In addition to bringing his considerable global experience and insights to advising corporate decision makers, Lt. Gen. Stewart

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Prudential Financial Inc. Has $9.47 Million Stake in IDEX Co. (NYSE:IEX)

Lenore Staats

Prudential Financial Inc. decreased its holdings in IDEX Co. (NYSE:IEX) by 17.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,942 shares of the industrial products company’s stock after selling 12,870 shares during the quarter. Prudential Financial Inc. owned approximately 0.08% of IDEX worth $9,474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IEX. Ceredex Value Advisors LLC bought a new position in IDEX in the 1st quarter valued at $80,845,000. Impax Asset Management

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