Investments
Guest Post – Best Ways to Save for a Car
Tonight we have a guest post! Guest post is from Ruby Hamilton. Ruby is a blogger and freelance writer who loves to express her thoughts towards online communities. She specializes in making the informative articles and to increase awareness. Today she brings us her Best Ways to Save for a Car! Best Ways to Save…
Read MoreAccountants mark 50th anniversary of Earth Day in shadow of coronavirus
The AICPA and other groups are working on ways to help the environment. Original Article Posted at : https://www.accountingtoday.com/news/accountants-mark-50th-anniversary-of-earth-day-in-shadow-of-coronavirus
Read MoreWill Amazon Ever Pay A Dividend?
Updated on April 22nd, 2020 by Bob Ciura Over the past decade, many technology companies such as Apple, Inc. (AAPL), Cisco Systems (CSCO) and more have initiated dividend payments to shareholders. There are now over 300 dividend-paying technology stocks, which makes the technology sector a surprisingly good source of dividend payers. While the technology industry…
Read MoreCovid-19 P&C insurance industry loss estimated $40bn – $80bn: Dowling
The property and casualty (P&C) insurance industry loss from Covid-19 pandemic related claims is estimated in a range from $40 billion to as high as $80 billion by analysts at Dowling & Partners. The Dowling & Partners analysts put this estimate as their working assumption of the eventual claims load for the P&C insurance industry…
Read MoreChubb classifies Covid-19 as a catastrophe event
Chubb, the U.S. and global primary insurance carrier and reinsurance company, is classifying the Covid-19 pandemic as a catastrophe loss event and expects it to have a meaningful impact on earnings in the second-quarter. In announcing its first-quarter results yesterday, Chubb revealed just $13 million of pre-tax losses due to the impacts of the Covid-19…
Read MoreSCOR gains 6.6% price increase at April reinsurance renewals
French reinsurer SCOR has reported that it experienced a 6.6% increase in pricing across its book, while premiums underwritten rose by almost 6% as well, at the recent April 1st reinsurance renewals. SCOR has consistently sought to expand its reinsurance book at renewals in recent years, deploying more capacity at times where it feels it…
Read MoreNew York MTA to renew MetroCat Re parametric cat bond. Launches $100m deal
The New York Metropolitan Transportation Authority (MTA) has returned to the catastrophe bond market for the third time, seeking to sponsor an at least $100 million renewal of its soon to mature parametric cat bond coverage with a new MetroCat Re Ltd. (Series 2020-1) transaction. The transport operator had secured $125m of parametric New York…
Read MoreBeazley says Covid-19 losses to reach $170m after reinsurance
Beazley, the specialist Lloyd’s focused insurance and reinsurance underwriting business, has revealed an expected Covid-19 claims burden of $170 million net of reinsurance across its business. We would expect some of that loss to be shared with investors backing the companies third-party capital arrangements. In a trading update today, Beazley said that its first-quarter result…
Read MoreHannover Re withdraws 2020 profit guidance on Covid-19
Germany headquartered reinsurance firm Hannover Re has withdrawn its profit guidance for 2020 due to the uncertainty over claims from the Covid-19 pandemic and the capital market environment. Hannover Re follows its rival Munich Re, which withdrew its full-year 2020 profit guidance at the start of this month. Hannover Re explained there is “increased uncertainty”…
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