Financial
The Evolving Electricity Grid Demands High Energy Storage, and Power Output
The electricity grid is undergoing its first evolution since the invention of the power transmission system, and energy storage devices, particularly mechanical energy storage devices, will play a solid role in this evolution. Q2 2020 hedge fund letters, conferences and more The Evolution Of The Electricity Grid Decarbonization, renewable energies, and energy storage devices are […]
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Read MoreAlternative capital not expected to dampen Jan 1 rate increases: Fitch
Third-party, or alternative capital is unlikely to have a meaningful influence on potential reinsurance rate increases at the key January 1st, 2021 renewals season, according to Brian Schneider, Senior Director, Global Head of Reinsurance, Fitch Ratings. Speaking during the rating agency’s recently held webinar, which examined global reinsurers at the mid-year with a view to…
Read MoreNo deal yet, but you at least have these coronavirus stimulus checks memes
Coronavirus has made the whole scenario grim with the U.S. still reporting 30,000 to 50,000 new, confirmed cases per day for the last two weeks. With each passing day, the financial woes of Americans are also increasing. And, what’s adding to their frustration is that lawmakers are still embroiled in the blame game over the […]
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Read MoreUser-Friendly Accounting Software
You don’t need to shell out a fortune for fancy accounting professionals. But you do need to attend to bookkeeping and other financial matters when managing your business. And thanks to the magic of tools like JavaScript, Bootstrap, and React development, bookkeeping and accounting software can do the job just as well as any financial […]
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Read MoreLocking In Peloton Gains
With so many gyms closed due to COVID-19 lockdowns, one of the companies benefiting from that has been Peloton Interactive Inc (NASDAQ:PTON). Peloton’s signature product is a stationary bike that costs about $2,500 with accessories, after which you pay $39 per month for online classes taught by instructors such as Leanne Hainsby. Here she talks […]
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Read MoreWho is blocking coronavirus stimulus checks for Americans?
Americans desperately need another relief package. However, despite weeks of negotiations, Democrats and Republicans haven’t been able to reach a deal. And, if you want to know one person who is blocking your coronavirus stimulus checks, it is House Speaker Nancy Pelosi, according to White House Chief of Staff Mark Meadows. Q2 2020 hedge fund […]
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Read MoreCalifornia wildfire damage continues, heatwave to challenge fire containment
Property damage from the severe California wildfires continues, with now close to 4,000 structures having been destroyed in recent weeks and with a heatwave and potential record temperatures forecast for the coming days, further containment of the fires looks challenging. When we last covered the California wildfires earlier this week the number of structures destroyed…
Read MoreGlobal Parametrics & Hannover Re renew Yucatan coral reef cover
Global Parametrics, the parametric and index-based disaster risk transfer company, has partnered with global reinsurance firm Hannover Re to renew an innovative Yucatan, Mexico coral reef parametric insurance cover. The transaction renews the coverage for the Mexican Reef Protection Program, an initiative that leverages parametric risk transfer and reinsurance capacity, in a deal that if…
Read MoreCatastrophe bond market may surpass records in 2020: A.M. Best
Issuance of new catastrophe bonds could exceed the record set in 2017 if it continues at the pace set in the first-half of the year, as capital markets risk transfer continues to gain acceptance with cedants and investor appetite continues to grow. Catastrophe bonds have been unaffected by the Covid-19 pandemic, in terms of losses,…
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