Financial
Reinsurance hard market could be sustained for multiple years: Jefferies analysts
Reinsurance pricing may remain in a hard market for multiple years, according to analysts at Jefferies who believe dented capacity and still trapped ILS collateral can sustain current market conditions. Taking a lead from Munich Re’s recent Baden Baden replacement presentation in which the reinsurance giant said that global reinsurance capital has fallen by an…
Read MoreHurricane Zeta forecast for northern Gulf Coast landfall on Wednesday
Zeta intensified into a hurricane prior to making landfall on Mexico’s Yucatan peninsula and while it may emerge back into the Gulf of Mexico a little weaker, the forecast suggests hurricane Zeta will approach the Louisiana region of the northern Gulf Coast for a Wednesday landfall. Still hurricane Zeta according to the NHC with 75…
Read MoreZaffino named CEO, as AIG announces $790m of Q3 catastrophe losses
Insurance giant American International Group, Inc. (AIG) will have a new CEO, as Peter Zaffino takes over as expected, while Brian Duperreault moves to become Executive Chairman of the company. In a day of announcements, AIG has also pre-announced $790 million of catastrophe losses from the third-quarter of 2020, $185 million of which are related…
Read MoreGoldman Sachs & JPMorgan Among Top Ten Most Prestigious Internship Programs
Google And NASA Named The Two Most Prestigious Internship Programs To Have On A Resume, According To Latest Vault Career Intelligence Survey Infosys Has The No. 1 Best Overall Internship Program; Abbot Has The No. 1 Health Care Internship And No. 1 Program For Data Analytics And Engineering; Captech Has The No. 1 Consulting Internship […]
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Read MoreAnother Worry For Small Businesses: ACA And The Supreme Court
Small Business Suffering during COVID, add another worry: ACA and the Supreme Court Q3 2020 hedge fund letters, conferences and more Supreme Court’s Ruling Against The ACA Would Impact Small Businesses Ahead of the likely confirmation of conservative justice Amy Coney Barrett to the Supreme Court today, small business owners shared their stories about how […]
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Read MoreExperts Agree Bill Ackman is the Paris Hilton of Finance Management Fees
A group of fashion experts recently put out an extraordinary report depicting how Bill Ackman is the Paris Hilton of finance management fees. “After spending almost two whole minutes on the subject, we came to the unanimous conclusion that William “Bill” Ackman is the Paris Hilton of the finance management fees,” Dr. Annie Position stated. […]
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Read MoreLawsuit Against Uber Alleges Discrimination Against Non-White Drivers
New Class Action Lawsuit Against Uber Alleges Employment Discrimination Against Non-White Drivers Q3 2020 hedge fund letters, conferences and more The federal complaint, filed in the Northern District of California, alleges that Uber’s termination of drivers based on its star rating system, which allows passengers to score drivers, constitutes racial discrimination Lawsuit Against Uber Alleges Racial Discrimination San […]
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Read MoreDividend Kings In Focus Part 29: Stanley Black & Decker
Published on October 26th, 2020 by Nate Parsh Companies with long track records of dividend growth are among our favorite stocks. This is because long dividend growth streaks demonstrate a company’s ability to increase its distributions through a recession. Investors’ income needs don’t disappear during recessions, so they have to be as confident as possible…
Read MoreAn “underwriting driven” hard market: Gallagher
The current market environment is not a traditional hard market, according to insurance and reinsurance broking, risk management and servicing group Arthur J. Gallagher, as this is an “underwriting driven” hard market, where carriers are being forced to ensure they can deliver a profit from their underwriting sides going forwards. That’s one of the best…
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