Financial
Bitcoin price sets new record high of over $20,000

The bitcoin price rose to a new record high above $20,000 today as demand from institutional investors continued to drive the cryptocurrency. Data from Coin Metrics indicates that the bitcoin price climbed 6% to a new record high of about $20,700. Year to date, the digital currency is up more than 180%. Q3 2020 hedge […]
The post Bitcoin price sets new record high of over $20,000 appeared first on ValueWalk.
Read MoreAlex Azar On People Waiting Too Long For Antibody Treatments

CNBC Transcript: Health And Human Services Secretary Alex Azar on CNBC’s “The News With Shepard Smith” tonight, discussing people being hesistant to seek out Coronavirus antibody treatments. Q3 2020 hedge fund letters, conferences and more Azar: People are waiting too long to seek out antibody treatments Shep Smith: The Health And Human Services […]
The post Alex Azar On People Waiting Too Long For Antibody Treatments appeared first on ValueWalk.
Read MoreGlobal catastrophe losses running 8% above 10-year average: Jefferies
So far in 2020, global catastrophe and severe weather losses falling to the insurance and reinsurance market are running approximately 8% above the 10-year average, according to analysts at Jefferies. Overall, insured losses from catastrophes and severe weather are roughly 18% higher than the long-term average, closing in on US $80 billion for the year,…
Read MoreBitcoin Hits All-time High, Surging Past $20000
Bitcoin reached an “all-time price high” by surging past $20000 on Wednesday afternoon on the deVere Crypto exchange, it is revealed. Q3 2020 hedge fund letters, conferences and more Bitcoin Surges Past $20000 Just after 1 pm GMT, the price of the world’s largest cryptocurrency by market capitalisation was $20,637.18 according to the app owned […]
The post Bitcoin Hits All-time High, Surging Past $20000 appeared first on ValueWalk.
Read MoreHurricane activity could be elevated in 2021, say Swiss Re, CSU & TSR
The climate conditions seen in the North Atlantic ocean at the moment are conducive to the formation of tropical storms and hurricanes, so suggest a chance of elevated hurricane activity in 2021 and beyond, according to global reinsurance firm Swiss Re, something the main forecasters are also pointing towards. The 2020 Atlantic hurricane season saw…
Read MoreSchroders raises $420m for new Life Insurance-Linked Security (ILS) fund
Global investment manager Schroders has raised $420 million of capital from third-party institutional investors for a new life insurance-linked securities (ILS) fund strategy that it has launched. The newly-launched Life Insurance-Linked Security (ILS) fund, Life Insurance Linked II, offers its investors a way to gain significant diversification against traditional asset classes, Schroders explained. The life…
Read MoreHamilton’s Easton Re cat bond priced 16% below mid-point of guidance
Hamilton’s new Easton Re Pte. Ltd. (Series 2020-1) catastrophe bond transaction has now been priced at the low-end of already reduced guidance, with the coupon now fixed some 16% lower than the initial guidance mid-point. Hamilton, the Bermuda based insurance and reinsurance holding company, will be delighted with the result of its first full catastrophe…
Read MoreStudy reveals benefits of operationalising ESG in risk transfer & ILS
Market participants across risk transfer, including insurance-linked securities (ILS) and reinsurance, have a lot to gain from further operationalising Environmental, Social and Governance (ESG) within their core businesses, our now published study reveals. During the third-quarter of 2020 we teamed up with boutique consulting firm Synpulse Management Consulting to conduct a survey of the maturity…
Read MoreWHO discusses catastrophe bonds to close COVID funding gaps
The World Heath Organization (WHO) has raised the subject of catastrophe bonds as a potential source of capital for funding development of tools to help in the response to the global COVID-19 pandemic. The Access to COVID-19 Tools (ACT) Accelerator is an initiative set up by the WHO alongside partners, with the goal of delivering…
Read More