Reinsurance capital down 3%, on both traditional & alternative sides: Willis Re

The traditional and alternative capital sides of the global reinsurance market both declined by around 3% in the first-half of 2020, according to the latest data from broker Willis Re. At the same time, the pressure on traditional reinsurance companies ramped up further as dwindling investment yields drove down their returns on equity (RoE). Willis…

Read More

Reinsurance sector won’t earn its cost of capital in 2020: S&P

Having struggled with sector results over the last three years, the global reinsurance sector is going to fail to earn its cost of capital in 2020, according to rating agency Standard & Poor’s. S&P maintained its negative credit outlook for the global reinsurance sector today, saying that “we expect to take additional negative rating actions…

Read More

Cohen & Co. raises $230m with second Butler-led re/insurance SPAC

Cohen & Company, LLC, the fixed income financial services focused investment specialist, has successfully upsized the initial public offering (IPO) capital raise for its second insurance, reinsurance and insurtech investment focused Special Purpose Acquisition Company, INSU Acquisition Corp. II. INSU Acquisition Corp. II follows on from the first SPAC, often called blank check company, launched…

Read More

SCOR expects significant & long-lasting reinsurance market hardening

French reinsurance company SCOR is the latest to forecast a prolonged period of rate hardening across the reinsurance marketplace, saying that it expects prices to rises to be “significant, generalized and long-lasting.” SCOR holds its investor day today and provided an update on its progress and reinsurance market conditions, with its opinion being that firming…

Read More

First on Senate’s Agenda: A Scant Coronavirus Relief Deal

relief deal Coronavirus prospects coronavirus stimulus checks

As Senators Return from Vacation, Watchdog Demands Real Support for Working Americans, A Scant Coronavirus Relief Deal Q2 2020 hedge fund letters, conferences and more WASHINGTON, D.C. – With the Senate back in session this afternoon, a new Coronavirus relief deal will soon be on the table again. But far from the kind of wide-reaching […]

The post First on Senate’s Agenda: A Scant Coronavirus Relief Deal appeared first on ValueWalk.

Read More

COVID-19 Is Worsening The Wealth Divide

Wealth Divide pandemic response funds PPP Fear Laid Off stimulus economic federal unemployment benefits Gouging Price kraninger tech giants COVID unlocking opportunities in emerging markets Covid small businesses Lyft Prop 22 coronavirus testing regime Essential Business CARES Act Report LULAC Tyson Foods PPP Next Phase Corona Virus smoke Covid Brexit CPAP BiPAP assess access PPP reopening push Nationwide Social Distancing CARES Act Businesses sales covid dexamethasone irs stimulus check status coronavirus pandemic gdp at risk coronavirus COVID-19 Safety Calculator Coronavirus Fight the Energy

Reporting in POLITICO this holiday weekend shed new light on the growing difficulties working Americans are facing during the ongoing COVID-19 crisis — even as more affluent Americans are “earning and saving at record levels.” The Trump administration’s mismanaged pandemic response and lawmakers’ shocking lack of urgency in making an additional relief deal has left […]

The post COVID-19 Is Worsening The Wealth Divide appeared first on ValueWalk.

Read More

There Is No Alternative (TINA)

TINA

Dear fellow investors, We hear numerous market strategists talk about stocks which are going up because “there is no alternative” to owning them. In the Wall Street vernacular, this goes by the phrase TINA. Q2 2020 hedge fund letters, conferences and more What Does Invoking TINA Mean? What do they mean by invoking TINA as […]

The post There Is No Alternative (TINA) appeared first on ValueWalk.

Read More

Here’s where Fannie Mae’s capital rule will be finalized at (not 4 percent)

capital rule fannie mae home sales existing first investment property same sex couples New Home Sales Digital Marketing Strategy Top 10 most expensive luxury homes sold in 2019

Since the Federal Housing Finance Agency proposed the capital rule for Fannie Mae and Freddie Mac at 4%, the housing finance market has been in an uproar. Numerous experts have come forward and said that it’s too high. Q2 2020 hedge fund letters, conferences and more The government-sponsored enterprises themselves even publicly disagreed with it, […]

The post Here’s where Fannie Mae’s capital rule will be finalized at (not 4 percent) appeared first on ValueWalk.

Read More