Investments
AXIS’ third-party capital fees drop again, but cedes more risk to investors in Q2
Bermudian specialist insurance and reinsurance firm AXIS Capital has reported another year-on-year decline in the level of fee income earned through the use of third-party and insurance-linked securities (ILS) capital within its business for the second-quarter of 2020. In Q1 2020 AXIS Capital ceded 31% fewer premiums to its “other strategic capital partners” group, where…
Read MoreLancashire Capital Management fee income rises as strategy expands
Lancashire Capital Management Limited, the third-party capital collateralised reinsurance underwriting arm of specialty insurance and reinsurance group Lancashire Holdings, has delivered higher fee income to its parent in the first-half of 2020, as profits of the unit rise alongside its increased assets under management. Lancashire Capital Management grew roughly 20% over the course of 2019,…
Read MoreNephila drives rising ILS revenue for Markel, but AuM shrinks again to $9.5bn
Nephila Capital, the largest dedicated insurance-linked securities (ILS) investment manager in the industry, has continued to drive rising ILS related revenues for parent Markel Corporation in the second-quarter, but its assets under management declined further, ending June at $9.5 billion. Markel, the global insurance, reinsurance and investment group, positions insurance-linked securities (ILS) as a significant…
Read MoreRenRe raises another $250m of third-party capital in Q2, fee income rises
RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, has raised an additional $250 million of capital from third-party investors for some of its ILS and joint-venture vehicles in the second-quarter of 2020, with the growing capital under management now driving increased fee income. RenaissanceRe’s (RenRe) range of third-party capital management and insurance-linked securities…
Read MoreWill Tesla Ever Pay A Dividend?
Updated on July 28th, 2020 by Bob Ciura The appeal of growth stocks is that they have the potential for huge returns. Consider the massive rally by Tesla, Inc. (TSLA) in just the past few months. After finishing 2019 with a share price of $418, shares have more than tripled just since the beginning of…
Read MoreCongress Is Preparing To Clash With Big Tech Giants
Whitney Tilson’e email to investors discussing that the congress is preparing to clash with big tech; fire & fawning; tech is about power; Bezos and Amazon under scrutiny; crackdown on QAnon; Facebook: The Inside Story; Facebook announces plan to break up U.S. government. Q2 2020 hedge fund letters, conferences and more It’s a big week […]
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Read MoreHEALS Act: More Needed to Support Small Businesses
With the majority of small businesses out of PPP dollars and unemployment benefits ending this week, the piecemeal bills that make up the Senate Republicans’ HEALS Act are simply not enough. Q2 2020 hedge fund letters, conferences and more HEALS Act Is Not Enough To Support Small Businesses More is needed to strengthen support for […]
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Read MoreWhy Big Money Is Already Pouring Into Edge Computing
Why didn’t coronavirus sink America into a depression? The answer can be summed up in two words, and it’s not “stimulus checks.” Q2 2020 hedge fund letters, conferences and more As you know, lockdowns have wrecked restaurants, hotels, and airlines. But millions of Americans who can do their jobs from a computer haven’t missed a […]
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Read MoreHere’s What’s Really in the Senate’s New HEALS Act
The Senate GOP’s new relief bill, the HEALS Act, makes clear the lawmakers’ priorities: helping big corporations and the wealthy, even at state and local governments andworkers’ expense. Here’s how the legislation… Q2 2020 hedge fund letters, conferences and more The New HEALS Act Hurts Workers: HURTS: Workers’ Benefits Would Be Cut. “The current $600 weekly […]
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