Investments
These Are The Best Enterprise Phone Systems In 2020
Business phones services have a long way both in terms of use and technology. They are no more seen as a tool for simply making and receiving calls. Instead, they allow the company to connect with the employees and customers in a simple and efficient manner. Moreover, modern-day unified communications systems allow employees to connect […]
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Read MoreGood news on a date for a second stimulus check
If you’re looking for the date when you can expect a second stimulus check in 2020, you’re not alone. Most of what’s being talked about right now involves other stimulus measures, so it’s unclear whether there will be more checks for the general public. However, it is an election year, so there is still hope. […]
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Read MoreTime For Tesla Longs To Hedge
History doesn’t repeat itself: as the old saying goes, it rhymes. The last two weeks have rhymed with the late 1960’s, as we’ve had racial unrest and manned rocket launches at the same time. Rockets And Riots This time the manned rocket launch was by a private company, Elon Musk’s SpaceX; the astronauts were driven […]
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Read MoreHurricane Irma claims paid data reaches $17.44bn in Florida
Finally, the Florida Office of Insurance Regulation (FLOIR) has updated its published data on claims paid by the insurance market due to 2017’s hurricane Irma, with the total jumping significantly to just over $17.44 billion. The last time the FLOIR reported its estimate of the costs incurred by insurance markets from claims due to 2017’s…
Read MoreUSAA takes $48.8m of reinsurance recoveries from ResRe cat bonds
U.S. primary mutual insurer USAA has benefited from another almost $48.8 million of reinsurance recoveries under two of its outstanding and extended Residential Re catastrophe bonds, while also releasing a significant chunk of retained collateral back to investors as well. USAA has made a number of reinsurance recoveries under its catastrophe bond backed reinsurance protection…
Read MoreHurricane landfall risks less elevated than activity in 2020: Twelve Capital
During the 2020 Atlantic tropical storm and hurricane season two regions to watch for above average levels of storm activity are the tropical Atlantic’s main development region (MDR) and the Gulf region, according to ILS investment manager Twelve Capital. But while these two regions are the ones expected to see activity levels the furthest above…
Read MoreCATCo retro fund to return another $15.8m from side pockets
The in run-off CATCo Reinsurance Opportunities Fund Ltd., the exchange listed retrocession focused investment fund strategy managed by Markel CATCo Investment Management, is set to return more trapped capital back to investors as its side pockets continue to prove more than adequate for certain older loss reserves. Markel CATCo Investment Management has been managing the…
Read MoreEnstar gets $610m Starstone U.S. PE backing, Noonan & Consolino to lead
Enstar is pushing back into U.S. property and casualty markets, with a focus on excess & surplus (E&S) business, thanks to a successful $610 million recapitalisation of Starstone U.S. from private equity giants including Dragoneer, SkyKnight and Aquiline. The company has also revealed the hiring of former Validus founding member Jeff Consolino to be the…
Read MoreThe Fed’s commitment: Investors will move to top-up investment portfolios
Investors will move to further top-up their investment portfolios following the U.S. Federal Reserve’s first meeting since last year and since the Covid-19 crisis gripped the global economy, affirms the CEO of one of the world’s largest financial advisory and fintech organizations. The comments from deVere Group’s Nigel Green follow the Fed’s meeting on Wednesday […]
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