Dividend Aristocrats In Focus: Automatic Data Processing

Updated on February 12th, 2021 by Bob Ciura Automatic Data Processing (ADP) might not be a household name, but it should be for dividend growth investors. ADP has raised its dividend each year for over 40 years in a row. Its most recent increase came in November 2020. While last year’s 2% dividend increase was…

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The Effects of The Pandemic On Countries Who Depend On Tourism

Countries who depend on tourism were some of the hardest hit by the coronavirus pandemic as global tourism dropped by almost 80% in the first half of 2020. Several tourism-dependent countries have put measures in place to offset the effects of the pandemic on their tourism sector and their economy as a whole. As travel […]

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Billionaires Who Profited Most During The Pandemic: An Analysis

MacKenzie Scott Wealth Protect Wealth Digital Wealth Management Top 10 countries with the most wealth

The ongoing pandemic saw millions losing their jobs, major corporations declaring bankruptcy, small businesses closing permanently, and forced an entire world into the confines of their homes, yet having a beneficial impact on the mega-rich of America. In roughly eight months, 650 U.S. billionaires saw their wealth approach a combined $4 trillion as the Dow […]

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ILS maturing nicely, but education still needed: Mayer Brown, ILS NYC 2021

Overall, the insurance-linked securities (ILS) market is maturing in an attractive manner but as new sponsors and jurisdictions enter the fold, there’s a need for continued education, according to global law firm Mayer Brown. The legal work in the ILS world is significant and critical in driving innovation and ensuring everything is in order, the…

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EIOPA calls for capital markets capacity for pandemic NDBI insurance

There is a clear role for risk transfer to the capital markets in the provision of capacity to address pandemic related non-damage business interruption risks, according to Europe’s insurance and reinsurance sector watchdog, the European Insurance and Occupational Pensions Authority (EIOPA). The Authority has published a new staff working paper that lays out ideas for…

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Climate to drive massive demand for contingent risk capital: Douglas, ILS NYC 2021

The deepening of the world’s understanding, measurement and valuation of climate risks is going to drive a massive demand for contingent risk capital, which parametric triggers and insurance-linked securities (ILS) will be well-suited to serve, Rowan Douglas of Willis Towers Watson explained during our ILS NYC event this week. Rowan Douglas, Head of the Climate…

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Weston Insurance promotes Deanne Nixon to CEO, as Lyons retires

Weston Insurance Company, the Florida-headquartered domestic specialty property insurer with a focus on catastrophe and in particular wind-exposed properties, has promoted Deanne Nixon as its new Chief Executive Officer, with its founder Michael Lyons set to retire. Lyons launched Weston Insurance around a decade ago after leaving catastrophe reinsurance specialist RenaissanceRe. He is now set…

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