AstraZeneca’s Vaccine Candidate Approved By The U.K.

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Commenting on AstraZeneca’s Vaccine Candidate being approved in the U.K. and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more AstraZeneca’s COVID Vaccine Candidate Approved For Emergency Use The major indices are all trading modestly higher at midday, erasing part of their intraday losses from yesterday. Small-caps bounced […]

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Shelby Davis: $50,000 to $900 Million Starting At Age 38

Updated on December 30th, 2020 by Bob Ciura Shelby Davis did not start investing until he was 38. He started investing with $50,000. But by the time of his death, he amassed a $900 million fortune and joined the list of the Forbes 400 wealthiest individuals. He made his fortune investing heavily in insurance stocks.…

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McConnell Blocks Efforts To Raise Coronavirus Stimulus Checks Amount To $2000

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The second coronavirus stimulus checks are finally on their way, but the amount of $600 is much less than many would have expected. Though efforts are underway to raise the coronavirus stimulus checks amount to $2,000, Senate Majority Leader Mitch McConnell continues to block it. Q3 2020 hedge fund letters, conferences and more McConnell blocks […]

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Climate risk protection gaps need capital market (ILS) solutions

The physical climate risk protection gap, so the gulf between climate related losses covered by insurance, reinsurance or risk transfer and those going uncovered, is widening, but instruments such as insurance-linked securities (ILS), catastrophe bonds and other blended financing solutions can help to narrow this gap. In real estate the climate risk protection gap is…

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The Year Of The Quitter: Seven Things To Stop Doing In 2021

Quit Doing

Instead of making new resolutions to add (and later discard) in the new year, Steve Cook says we should be focusing on what we want to subtract. Q3 2020 hedge fund letters, conferences and more Take A Different Approach To Resolutions In 2021 Knoxville, TN (December 2020)—As December winds down, we typically look back over […]

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Reinsurers in Cayman Islands set up industry group CIRCA

Cayman Islands based reinsurance companies have established a new industry group called the Cayman International Reinsurance Companies Association (CIRCA), which is expected to help further develop the islands reinsurance sector. Founding reinsurer members of CIRCA include: Aureum Re, Barents Re, CIBC Cayman Reinsurance Ltd., Greenlight Re, Knighthead Annuity & Life Assurance Company, Nassau Re (Cayman)…

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Croatia hit by M6.4 earthquake, strongest recorded to hit the country

Yesterday, Croatia was struck by a magnitude 6.4 earthquake that has destroyed many buildings and was the largest quake to strike the country since the introduction of modern seismic instrumentation. The M6.4 earthquake struck central Croatia at 11:19 GMT on Tuesday December 29th at a depth of 10km around 30 miles southeast of the capital…

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