Financial
You Can Now Buy Bitcoin On PayPal For $1
Can you name America’s fastest-growing “bank”? It’s not Goldman Sachs or Morgan Stanley. It’s not Bank of America either, which has barely grown in 10 years. Even financial heavyweight JPMorgan doesn’t wear this crown. Q3 2020 hedge fund letters, conferences and more “New money” disruptor PayPal (PYPL) is growing faster than any regular bank, and […]
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Read MoreLess Than 2 In 10 Recruiters Are Prepared For The Deployment Of AI In Hiring
Artificial intelligence (AI) has numerous applications in today’s world – from website chatbots to healthcare and supply chain management, it is revolutionising the way that we work in numerous industries. But with AI being used increasingly in HR and recruitment, what do the professionals think about the technology? Q3 2020 hedge fund letters, conferences and […]
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Read MoreNew PFIC regs active conduct test excludes ILS funds & structures
A new set of guidance on the treatment of passive foreign investment companies (PFICs) published at the end of last week by the U.S. Internal Revenue Service and Department of the Treasury has been modified so that the active conduct test excludes insurance-linked securities (ILS) funds, as well as other ILS and reinsurance securitization structures.…
Read MoreDC to give one-time $1200 coronavirus stimulus checks to eligible residents
It is now almost certain that the next stimulus package will not include stimulus checks. This, however, does not mean that no one will get a second stimulus check. We have already seen many state governments announcing a separate package, including checks. Now, Washington, DC has announced $1,200 coronavirus stimulus checks for some residents. Q3 […]
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Read MoreReinsurance capital raises could reach $22bn in 2020: Willis Re
Improved reinsurance market pricing is attracting significant sums of capital, with the latest estimate from broker Willis Re being that $19 billion has already been raised since the COVID-19 pandemic broke out and another $3 billion of capital raises are underway. This dwarfs the much discussed great reload of the insurance-linked securities (ILS) market at…
Read MoreReinsurance broker Beach rebranded to Acrisure Re
Having been acquired by retail insurance agency network Acrisure LLC in 2018, Beach & Associates, the specialist insurance and reinsurance broker, has now been rebranded as Acrisure Re and Acrisure London Wholesale. In this alignment with the brand of its parent Acrisure, Acrisure Re and Acrisure London Wholesale are being positioned to capitalise on value…
Read MoreDividend Income Summary: Bert’s November 2020 Summary
We are rounding third on 2020 and heading home. It is crazy to me that we are in the final month of the year. Where has time gone? With another month in the books, it is time for our favorite activity. Each month, we summarize our dividend income results and see how we have progressed…
Read More$9M MSLP Loan Went To Firm Tied To Convicted Felon
Report: $9M Main Street Lending Program (MSLP) Loan Went To Firm Tied To Convicted Felon Who Was Sentenced to Prison For Tax Fraud 3 Weeks Later Q3 2020 hedge fund letters, conferences and more Convicted Tax Felon Gets Away With A $9M MSLP Loan WASHINGTON, D.C. – New reporting by the Kansas City Star reveals that a $9 million taxpayer-backed Main […]
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Read MoreLockton Re integrates Tremor’s marketplace tech for reinsurance placement
Lockton Re, the reinsurance business of the privately held independent global broking giant, has integrated reinsurance marketplace functionality from Tremor Technologies as part of its client offering. Lockton Re has partnered with Tremor Technologies to deliver modern reinsurance trading capabilities to its clients. The functionality has been integrated into Lockton Re’s SAGETM platform, giving it…
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