Latest news with #SeanO'Neill
Irish Independent
a day ago
- Sport
- Irish Independent
Meath GAA Football League Round-up – Divisions 1 & 2
Title holders Summerhill lost further ground on the leading pack in the race for a semi-final spot in Division One of the Meath Football League when held to a draw by visitors Dunshaughlin in a Round 8 match at the weekend. It was a game the 'Hill needed to win to have a chance of a top four spot and they put themselves in a great position when leading 0-15 to 0-8 at the three quarter way stage. However, their challenge faltered after that as Dunshaughlin came storming into contention and the county champions preserved their unbeaten run with a last-gasp goal from Sean O'Neill to draw the sides' level 2-11 to 0-17.
Skift
6 days ago
- Business
- Skift
Hotel CEOs' Outlook, Airlines' Climate Progress and Barry Sternlicht's Warning
Skift Daily Briefing Podcast Listen to the day's top travel stories in under four minutes every weekday. Listen to the day's top travel stories in under four minutes every weekday. Skift Travel Podcasts Good morning from Skift. It's Wednesday. Here's what you need to know about the business of travel today. Hotel CEOs believe the U.S. is wasting its tourism potential with the country facing a 50 billion dollar deficit in international travel, writes Senior Hospitality Editor Sean O'Neill. Marriott CEO Anthony Capuano and other leaders said Washington needs to streamline visa processing and take other steps to ensure the U.S. is ready to host major sporting events in the next decade. Several hotel CEOs have called for more funding for Brand USA, the country's tourism marketing organization. And they hope President Trump and Congress will allot money to help with long-standing infrastructure and resource needs. In addition, many hotel CEOs said they're focused on expansion abroad, especially India, Southeast Asia, and the Middle East. Listen to This Podcast Apple Podcasts | Spotify | Youtube | RSS Next, Willie Walsh, director general of the International Air Transport Association, is blaming governments and fuel producers for aviation's slow process in reaching its climate goals, writes Climate Reporter Darin Graham. Walsh said the European Union, in particular, has failed to provide the support needed to increase the production of sustainable aviation fuel. Walsh added that companies such as BP and Shell have cut back or delayed their investments in green fuel. The European Union's current policy requires airlines to use at least 2% sustainable aviation fuel in their fuel mix by 2030. Fuels Europe said producers have rapidly scaled SAF output and lowered costs. Finally, Starwood Hotels founder Barry Sternlicht says established hotel chains are facing growing pressure from independent brands, reports Senior Hospitality Editor Sean O'Neill. Sternlicht, who sold Starwood to Marriott for 13 billion dollars in 2015, said newer brands are much easier to launch via social media. Sternlicht added that successful hotel brands must differentiate themselves and that hospitality remains fundamentally about service quality. Sternlicht has officially rebranded his latest hotel management company as Starwood Hotels, reviving the name of the company he founded in 1991.
South China Morning Post
25-04-2025
- Business
- South China Morning Post
Malaysia vows to buy more US goods in break from united Asean front on Trump's tariffs
Malaysia , facing a punishing 24 per cent tariff on its exports to the United States , announced on Friday that it would increase its imports of American goods instead of imposing retaliatory tariffs – signalling a weakening of any united regional front against the pressures of a trade war. Advertisement Southeast Asian nations are increasingly succumbing to external pressures and pursuing individual agreements with the US as President Donald Trump 's White House threatens blanket levies on export-dependent countries and China calls on its regional allies to call Washington's bluff. On Friday, Malaysia said it would negotiate ways to reduce its US$25 billion trade surplus with the US, including by easing access for American goods coming into the country, as it hunts for a reduction or exemption to tariffs. The levies are likely to crush US demand for everything from furniture to scientific equipment and electric heaters, and shred growth forecasts. US Senior Bureau official Sean O'Neill (second from right) at the 37th US-Asean Dialogue in Siem Reap on Tuesday. Photo: AFP Malaysia's trade ministry sent a delegation to Washington this week, led by Trade Minister Tengku Zafrul Abdul Aziz, who carried a message of 'openness to negotiate'.
South China Morning Post
25-04-2025
- Business
- South China Morning Post
Malaysia vows to buy more US goods in break from united Asean front on Trump's tariffs
Malaysia , facing a punishing 24 per cent tariff on its exports to the United States , announced on Friday that it would increase its imports of American goods instead of imposing retaliatory tariffs – signalling a weakening of any united regional front against the pressures of a trade war. Advertisement Southeast Asian nations are increasingly succumbing to external pressures and pursuing individual agreements with the US as President Donald Trump 's White House threatens blanket levies on export-dependent countries and China calls on its regional allies to call Washington's bluff. On Friday, Malaysia said it would negotiate ways to reduce its US$25 billion trade surplus with the US, including by easing access for American goods coming into the country, as it hunts for a reduction or exemption to tariffs. The levies are likely to crush US demand for everything from furniture to scientific equipment and electric heaters, and shred growth forecasts. US Senior Bureau official Sean O'Neill (second from right) at the 37th US-Asean Dialogue in Siem Reap on Tuesday. Photo: AFP Malaysia's trade ministry sent a delegation to Washington this week, led by Trade Minister Tengku Zafrul Abdul Aziz, who carried a message of 'openness to negotiate'.
Web Release
25-04-2025
- Business
- Web Release
Protection gaps expected to worsen across all lines of insurance business through 2030, finds Bain & Company
By Editor_wr On Apr 25, 2025 Protection gaps are expected to worsen across all lines of the insurance business through 2030 as insurers worldwide contend with rate-driven growth that is unsustainable, according to new research released today by Bain & Company. Bain's report, Bridging the Protection Gap: A?ordability, Access, and Risk Prevention, shows the challenges facing the insurance industry in matching price-to-risk pro?tably. This is in part due to changing risks such as the rise in natural disasters and cyberattacks, una?ordable property premiums, and the declining relevance of life insurance— especially among younger generations. Only one-quarter to one-third of the damage from natural disasters will be covered by insurance by 2030; for mortality, it could be less than half, Bain found. 'Bolstered by unsustainable tailwinds, insurance companies ?nd themselves at an in?ection point,' said Sean O'Neill, head of Bain's global Insurance practice. 'Over the past couple of years, we've seen rate increases in the property and casualty sector and interest-rate–driven annuity sales in the life sector. While capital and balance sheets remain reasonably strong, several challenges have emerged, and pro?tability has come under pressure for many lines of the insurance business. Insurers will need to be proactive and act now if they wish to navigate these impacts.' Investors are skeptical about US insurers' prospects for future growth but are more bullish on life insurers in emerging markets, Bain's report shows. Valuations of US life players include negative 'white space' from long-term earnings growth, suggesting either declining pro?tability or hidden losses yet to emerge from today's in-force blocks. P&C insurers face the same problem, albeit on a smaller scale, due to concerns around the sustainability of recent price increases alongside potentially increasing claims. Threat of emerging cyber risks spur demand for coverage Another challenge facing insurers worldwide is the threat of rapidly increasing cyber risks in a much more digitally enabled and data-rich world. Costs from global ransomware damage are expected to climb to more than $250 billion within the next six years, and actions by individual carriers will not be su?cient to address future risks, Bain warns. 'Throughout the insurance sector, risk prevention is an increasingly critical component of strategy,' said Andrew Schwedel, partner in Bain's Insurance practice. 'Risks for catastrophic cyber events will need to be shared, and public-private partnerships will need to expand to promote prevention. Risk-sharing will also likely require additional capacity from excess and surplus carriers, reinsurers, and alternative capital providers.' Despite several challenges, insurers are also facing a rich set of opportunities, including recent technology advancements. The rapid proliferation of unstructured data and the rise of AI are reshaping the industry landscape, Bain found. Harnessing data presents insurers with a unique opportunity to enhance a?ordability and access. Bain anticipates that AI-driven industry improvements will allow insurers to realize a 10%– 15% revenue uplift, up to 30% operating expense savings, and a 30%–50% reduction in P&C leakage (losses due to errors, ine?ciencies, or fraud in claims handling). Other topics covered in the report include how the growth of the climate solutions market is expected to impact insurance risk models, why the rise of electric and autonomous vehicles will transform the dynamics of risk and liability, and how to deal with the growing retirement income gap. Prev Post Dine, Indulge, Gift – The QE2 Way Comments are closed.
