Investments
What you should be doing to protect yourself from data theft

It’s no longer a matter of “if” but “when” your company is going to suffer data theft. It happens to so many, be they a single person, a small company, or even an enterprise-level business. According to Security.org, there were more than 3,800 publicly disclosed security breaches during the first two quarters of 2019. Those […]
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Read MoreCoronavirus stimulus checks: $1.5T package rejected by Democrats. What now?

Earlier this week, there was some excitement among Americans waiting for the next stimulus checks. A bipartisan group introduced a $1.5 trillion relief package, which included coronavirus stimulus checks of $1,200. Many expected this bill to gain approval from both Democrats and Republicans. But, there are reports that Democrats rejected this bill, which included coronavirus […]
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Read MoreHurricane Sally losses preliminarily estimated at $1.5bn to $3.9bn by AIR
According to our industry sources, a preliminary estimate of insurance and reinsurance market losses from hurricane Sally has been pegged at between $1.5 billion and $3.9 billion by catastrophe risk modeller AIR Worldwide. This is not an official, publicly announced industry loss estimate from AIR, we understand, with that expected to be released over the…
Read MoreSecretary Elaine Chao Still Being Paid From Wells Fargo

Secretary Elaine Chao’s Financial Disclosures Show She’s Still Being Paid From Her Time At Scandal-Plagued Wells Fargo Q2 2020 hedge fund letters, conferences and more Elaine Chao’s Continued Financial Arrangement With Wells Fargo WASHINGTON, D.C. – The latest Public Financial Disclosure report from Trump Transportation Secretary Elaine Chao shows a continuing financial arrangement with her former employer, scandal-plagued Wells Fargo, allowing her to […]
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Read MoreTrump urges GOP to consider a package with Coronavirus stimulus checks

In an attempt to break the ongoing stalemate over the next relief package, President Donald Trump has urged the Republicans to consider a bigger package. Trump wants Republicans, who last week introduced a package costing about $500, to embrace a bigger package that includes coronavirus stimulus checks. Q2 2020 hedge fund letters, conferences and more […]
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Read MoreILS fund subrogation benefits from PG&E may take a year to flow
While Pacific Gas and Electricity (PG&E), the wildfire stricken Californian electrical utility, made its $11 billion of subrogation payments in July, the benefits for insurance-linked securities (ILS) funds are expected to take as long as a year to be fully accounted for in the valuation of their exposed ILS and reinsurance assets. Part of the…
Read MoreDividend Income Summary: Bert’s August 2020 Summary
August marked a huge month on our journey towards financial freedom. We crossed a major dividend milestone. I wrote about how we crossed $12,000 in annual dividend income and now earn an average of over $1,000 per month in dividend income. Even without the milestone, August was very exciting. As usual, I”m going to show…
Read MoreNephila backed White Bear (Blenheim) raises £80m from Alchemy Partners
White Bear Capital, the holding company of Blenheim Underwriting and a Lloyd’s focused insurance and reinsurance underwriting operation that counts ILS specialist Nephila Capital as a key strategic investor, has added £80 million more in funding from special situations focused investment house Alchemy Partners. White Bear Capital intends to continue to pursue a third-party capital…
Read MoreHurricane Sally industry loss said in the low billions, ILS impact said slight
Hurricane Sally’s late intensification before landfall yesterday is expected to mean that overall private insurance and reinsurance market losses from the storm reach into the low billions, with any impact to ILS positions expected to be minimal. Photo by: Tony Giberson, Pensacola News Journal As we explained just prior to hurricane Sally’s landfall yesterday, the…
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