The National Law Review

Insurance Companies Obtain Relief to Use Statutory Financial Statements in Registration Statements Filed on Form S-1 for Certain Insurance Products

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JD Supra

SEC Issues Industry Letter Allowing Insurance Companies to File Certain Financial Statements

Quick Take: In an Industry Letter, the SEC’s Division of Investment Management stated that insurance companies may file financial statements prepared in accordance with statutory accounting principles ...
Nasdaq

SAP Updates Mid-Term Financial Ambition 2025 and Announces Share Repurchase Program of up to €5 Billion

Absolute cloud gross profit ambition implied by the original Ambition 2025 of at least €22 billion of cloud revenue and a cloud gross margin of approximately 80%. Calculated amounts based on lower ...
Nasdaq

IBM and SAP to Help Financial Institutions Accelerate Cloud Adoption to Modernize Operations in a Secured Environment

ARMONK, N.Y. and WALLDORF, Germany, July 28, 2021 /CNW/ - IBM (NYSE: IBM) and SAP SE (NYSE: SAP) today announced that SAP intends to onboard two of its finance and data management solutions to IBM ...