Financial
Hurricane Paulette to threaten Bermuda next week
Bermuda faces its first significant hurricane threat in the shape of intensifying storm Paulette which is expected to become hurricane Paulette within hours and is forecast to track very close to Bermuda early next week. Based on the latest forecasts Bermuda is expected to see hurricane force winds as hurricane Paulette passes nearby, but a…
Read MoreCalifornia & U.S. wildfires heading into multi-billion dollar loss territory
Wildfires burning across California continued their destructive paths in recent days, as hot and dry weather combined with strong winds fanned flames, while burns across other states including Oregon, Washington, Colorado and Utah all add to what is now anticipated to be a growing multi-billion dollar loss for the insurance and reinsurance industry. Image: Noah…
Read MoreILS capital to expand. Cat bonds to benefit from retro crunch: Guy Carpenter
Insurance-linked securities (ILS) and alternative reinsurance capital are set to continue growing as a piece of the global risk transfer market, as investor appeal for their relatively uncorrelated returns persists, according to Guy Carpenter executives. Speaking during a virtual briefing held yesterday, executives from the reinsurance broker said that the market as a whole remains…
Read MoreAfrican Risk Capacity expanding into flood risk in 2021
The African Risk Capacity (ARC), which provides parametric disaster insurance products for countries in Africa, is currently in a pilot phase with a new flood tool, that it hopes to roll-out more broadly next year. At a conference in Dakar this week, executives from the African Risk Capacity (ARC) discussed progress and its plans to…
Read MoreMorgan Stanley Announces $15B Plan To Increase Lending And Investments In Lower-Income Communities
NCRC, Morgan Stanley Announce $15 Billion Plan To Increase Lending And Investments In Lower-Income Communities Q2 2020 hedge fund letters, conferences and more Morgan Stanley And NCRC Increase Lending And Investments In Lower-Income Communities Today, the National Community Reinvestment Coalition (NCRC) and Morgan Stanley (NYSE:MS) announced a $15 billion, four-year community benefits plan that will […]
The post Morgan Stanley Announces $15B Plan To Increase Lending And Investments In Lower-Income Communities appeared first on ValueWalk.
Read MorePolitical Showmanship Won’t Support Small Businesses
In response to the failure of the GOP “Skinny Bill” Executive Director of the Main Street Alliance Amanda Ballantyne had this to say: Q2 2020 hedge fund letters, conferences and more Political Showmanship Will Not Help Small Businesses “Small businesses do not need political showmanship that goes nowhere and ignores the desperate financial circumstances that […]
The post Political Showmanship Won’t Support Small Businesses appeared first on ValueWalk.
Read MoreHow do you start your own business? Mompreneur tells us how!
There are no limits on who can become a great entrepreneur. All you need to do is trust your instinct, have a good support system, and be passionate about your business to start something that could become the next major success. “Mompreneur,” Arda Tashdjian and founder of Little Lady Products, offers her advice to help turn […]
The post How do you start your own business? Mompreneur tells us how! appeared first on ValueWalk.
Read MoreHow to prepare for a natural disaster
My world is on fire. As you may have heard, much of Oregon is burning right now. Thanks to a “once in a lifetime” combination of weather and climate variables — a long, dry summer leading to high temps and low humidity, then a freak windstorm from the east — much of the state turned…
Read More2021 renewals to be “decisive” for alternative capital, says Fitch
The reinsurance renewals in 2021 are set to be “decisive” for the alternative reinsurance capital and insurance-linked securities (ILS) market, in determining whether returns can sustain higher levels to encourage greater investor participation, Fitch Ratings suggested in a new report. Fitch has remained negative on the reinsurance sector overall, highlighting the challenges posed by the…
Read More