Companies are bringing back cash, but repatriation totals are less than a quarter the estimates at the time Trump tax law was enacted.
Aon, AIG and Willis Group all announced new insurance products last month to help companies deal with reputational risk. The products are not directly competitive, as each targets a different market and takes a different approach. But clearly the spate of offerings reflects a growing concern about risks to a company’s reputation. Laurie Fraser, global markets leisure practice leader at Willis, suggests the 2010 BP oil spill in the Gulf of Mexico made companies more aware of the huge damage that can be caused by a “sensationalist press.”
Much is sovereign debt, but nearly a quarter of the investment-grade market is now negative-yielding as well.
'Major' suppliers have been asked to mull the feasibility of shifting production to Southeast Asia.
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