Winter storm Uri insured loss seen up to $20bn: Fitch

Property and casualty insurers in the United States are facing record levels of first-quarter catastrophe losses due to the severe winter weather associated with winter storm Uri, rating agency Fitch has said. Extensive property damage was seen during last week’s severe winter weather in Texas, Louisiana and other southern states of the U.S. Extreme cold…

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AXA XL saw reinsurance renewal price increases rise 50% YoY

AXA XL, the commercial property & casualty insurance and reinsurance arm of the AXA Group, saw a significant increase in prices at the January 2021 reinsurance renewals, compared to price increases a year earlier. In reporting the AXA Group results this morning, the France headquartered global insurance and reinsurance company provides some insight into its…

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Munich Re forecasts positive April & July renewals with growth opportunities

Global reinsurance giant Munich Re is bullish about the upcoming April and mid-year renewal seasons in 2021, forecasting a positive market environment and growth opportunities as it reported its 2020 results this morning. The reinsurance firm has posted €1.2 billion of profit for 2020 despite significant losses suffered due to the COVID-19 pandemic and natural…

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The Top 4 Stocks To Start Your Retirement Portfolio

Published on February 24th, 2021 by Bob Ciura Retirees have a different set of challenges in their investment planning, than other groups of investors. Investors in or nearing retirement might have to consider income replacement as a key component of their investment decisions. After all, retirees no longer have a regular paycheck from working to…

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Broyhill Asset Management 4Q20 Commentary: Equity Commonwealth

Broyhill Asset Management

Broyhill Asset Management’s commentary for the fourth quarter ended December 2020, discussing their new position in Equity Commonwealth. [soros] Q4 2020 hedge fund letters, conferences and more For the year ending December 31, 2020, Broyhill generated positive returns that varied widely depending on individual account asset allocations, legacy positions, and capital flows. Detailed quarterly reports, […]

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Warren Buffett unloaded some Apple stock in the fourth quarter

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Warren Buffett didn’t have a stellar year in 2020, but he did have some good stock picks as usual. Several of the stocks held by Buffett’s Berkshire Hathaway beat the S&P 500 last year, including Liberty Global, General Motors, Amazon and Apple. The firm’s latest 13F filing reveals more details on what changes Buffett made […]

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Greenhaven Road Partners Fund 4Q20 Commentary: Seed Investment In Desert Lion

Greenhaven Road Partners Fund

Greenhaven Road Partners Fund commentary for the fourth quarter ended December 31, 2020. Q4 2020 hedge fund letters, conferences and more Dear Fellow Investors, Performance Update The Greenhaven Road Partners Fund returned 24% in the fourth quarter, bringing the full year returns to approximately 31%. 2020 marked the third year of operations for the Partners […]

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Workers Applaud Sen. King For Defending the Tip Credit

Tip Credit Restaurant Relief SBA Paycheck Protection

The Restaurant Workers of America (RWA) applauds Senator Angus King’s statement in yesterday’s Wall Street Journal regarding the COVID relief stimulus package: “If the minimum-wage provision is in the bill with the elimination of the tip credit, it would make it very hard for me to support it.” [soros] Q4 2020 hedge fund letters, conferences and more […]

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