Investments
Brit highlights benefit of capital partner relationships behind Sussex
Specialty insurance and reinsurance player Brit Ltd. highlighted the important benefit of the capital partner relationships behind its Sussex Capital collateralised reinsurance structure this morning, while the firms third-party investors appear to have taken a small share of losses in the first-half. Brit operates a range of third-party reinsurance capital structures, including the Verustus collateralised…
Read MoreSwiss Re’s H1 $2.5bn Covid-19 reserves to cover most pandemic losses: CEO Mumenthaler
In reporting his companies first-half 2020 results this morning, Swiss Re’s CEO Christian Mumenthaler said that the $2.5 billion of largely IBNR reserves set aside for losses from the Covid-19 pandemic should be sufficient to cover the majority of the firms ultimate. Swiss Re pre-announced a “significant addition” to its loss reserves for the Covid-19…
Read MorePullback from record high gold price needed for $2,000 an ounce
The gold price reached a new record high this week, beating the previous record set on Sept. 5, 2011. The gold price kept rising past the record high to new heights as the week wore on, and now the $1,940 record that was set on July 28 appears to have become the new floor for […]
The post Pullback from record high gold price needed for $2,000 an ounce appeared first on ValueWalk.
Read MoreOil demand
Oil demand is conditioned by the level of GDP. The COVID-19 recession is deeper and appears more persistent than the 2009 recession, GDP levels will not be back to pre-crisis levels before at least 2022/2023. This means that demand will remain subdued during this period. Q2 2020 hedge fund letters, conferences and more Efforts To […]
The post Oil demand appeared first on ValueWalk.
Read MoreAll Eyes On Amazon, Apple, and Facebook Earnings
Commenting on the focus on Amazon, Apple, and Facebook earnings scheduled for the after-hours session and today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are all trading lower at midday following a bearish overnight session that was dominated by a sharp drop in European […]
The post All Eyes On Amazon, Apple, and Facebook Earnings appeared first on ValueWalk.
Read MoreCoronavirus Lockdowns At What Price And At Whose Cost?
Covid-19 has brought economies to their knees. The question is how long and how severe the resulting recession will be. The answer depends on the quality and quantity of global stimulus packages. Social unrest is already happening in some countries. Q2 2020 hedge fund letters, conferences and more Things are getting grim on the economic […]
The post Coronavirus Lockdowns At What Price And At Whose Cost? appeared first on ValueWalk.
Read MoreCitigroup and BofA Will Now Disclose GHG Emissions
Citigroup and Bank of America Join Morgan Stanley in Commitment to Publicly Disclose GHG Emissions From Loans and Investments Q2 2020 hedge fund letters, conferences and more Citigroup And Bank Of America Will Now Disclose GHG Emissions BERKELEY, CALIFORNIA—JULY 30, 2020— Citigroup and Bank of America announced Wednesday they will join the Partnership for Carbon […]
The post Citigroup and BofA Will Now Disclose GHG Emissions appeared first on ValueWalk.
Read MoreCoronavirus stimulus check coming: Best ways to invest it
It is always wise to plan ahead, including for your stimulus check. Most would have already spent their first stimulus checks, but the second stimulus checks are coming, likely next month. So, it is better that you start planning how you would spend the next stimulus payment. If you are among those who don’t really […]
The post Coronavirus stimulus check coming: Best ways to invest it appeared first on ValueWalk.
Read MoreTop 10 economies that rely the most on tourism
Here we take a look at the top 10 economies that rely the most on tourism. The tourism sector employed 330 million people in 2019
The post Top 10 economies that rely the most on tourism appeared first on ValueWalk.
Read More