$10m U.S. wind industry loss transaction issued on Tullett Prebon ILN platform

Tullett Prebon has successfully completed another issuance through its Insurance Linked Notes (ILN) platform, with a $10 million U.S. wind industry loss instrument arranged, securitised and issued to investors. Electronic and voice interdealer broker and part of the TP ICAP group Tullett Prebon revealed a trading and issuance platform for what it terms Insurance Linked…

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CCRIF makes $7.45m payout to Haiti for hurricane Laura

Hurricane Laura’s passage has triggered parametric insurance coverage for Haiti, with the country receiving $7.45 million from the CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility). Haiti received $7.2 million as the hurricane’s rains triggered its parametric excess rainfall policy that it has in place with the CCRIF. In addition, Haiti also…

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Lloyd’s expects to pay $6.5bn of COVID-19 claims

Lloyd’s of London expects that it and its members will pay around $6.5 billion of gross claims from the COVID-19 pandemic, with around 40% of the total expected to be covered by reinsurance. Lloyd’s had previously forecast that it expected its own portion of the non-life insurance market claims is expected to be from $3…

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Significant Social And Governance Risks At Palantir

Palantir Geo-Political Risk

New Investor Briefing Highlights Significant Social And Governance Risks At Palantir Q2 2020 hedge fund letters, conferences and more As Palantir files S-1 with SEC in bid for listing on NYSE, fresh concerns emerge regarding contracts with government agencies with a record of human rights abuse. Risk Briefing on Palantir Technologies NEW YORK, NY, WEDNESDAY, […]

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Buy Intuit Inc. (INTU): Strong Reversal Last Quarter

Intuit

Overall, corporate growth fell as reported by second quarter 2020 financial statements submissions and extending a declining trend that began in the last quarter of 2018. The gross profit margin has dropped for the fourth consecutive quarter both on average and more frequently. This is a highly correlated factor that has been a reliable predictor […]

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