Financial
Sec Mnuchin: We need legislation to help Americans back to work
CNBC Transcript: Treasury Secretary Steven Mnuchin speaks with CNBC’s “Squawk on the Street” today. Sec Mnuchin discusses the plans to restart coronavirus stimulus talks. Q2 2020 hedge fund letters, conferences and more WHEN: Today, Monday, August 10 WHERE: CNBC’s “Squawk on the Street” Following is the unofficial transcript of a CNBC interview with United States […]
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Read MoreFood insecurity results in long-term health problems
At a time when unemployment and the coronavirus pandemic are causing food insecurity for many Americans, a new study indicates that the issue also causes long-running health problems. The study was conducted by a team of researchers at Ball State University and Walden University and published in the Sage Journals. Q2 2020 hedge fund letters, […]
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Read MoreCoronavirus stimulus check news turns to executive orders
There’s been little coronavirus stimulus check and aid news since President Donald Trump signed the executive orders over the weekend. Those orders are expected to face legal challenges, so his attempt to side-step Congress may come to nothing. Q2 2020 hedge fund letters, conferences and more Coronavirus stimulus check and stimulus news: will talks begin […]
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Read MoreCoronavirus relief package: Both sides could resume talks
It was an eventful last week for those waiting for the coronavirus stimulus checks. Initially, it appeared that negotiators would reach a deal, but the talks eventually collapsed owing to the differences on a few provisions. Still, there is hope that negotiators will meet again this week to pass at least part of the coronavirus […]
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Read MoreWhat Is VoIP and How Can It Supercharge Your Business Communication
If you’ve been keeping up with recent developments in business communications, or are now looking into how you can improve yours, then one word has certainly been inescapable: VoIP. Q2 2020 hedge fund letters, conferences and more This acronym crops up when reading about business phone services, video conferencing, and cloud-hosted PBX. But what does […]
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Read MoreEvolution of Singapore’s ILS infrastructure to attract new sponsors
As Singapore evolves as an insurance-linked securities (ILS) domicile and enables regulatory, legal and tax changes, the ability of the region to facilitate ILS in all forms will attract a growing number of new sponsors, according to industry experts. Singapore has ambitions to become a leading hub for ILS business in Asia, a goal underpinned…
Read MoreBerkshire’s increased property reinsurance appetite evident in results
Warren Buffett’s Berkshire Hathaway made its resurgent appetite for property and casualty reinsurance underwriting evident in the second-quarter, as the companies reinsurance unit underwrote 29% more in gross premiums than the prior year. Berkshire Hathaway’s P&C reinsurance premiums written increased by $668 million (29%) in the second-quarter of 2020 and $1.2 billion (20%) for the…
Read MoreHurricane Isaias insured losses estimated at $4.2bn by KCC
Hurricane Isaias may have caused the insurance and reinsurance industry a loss of as much as $4.2 billion, according to analysis from catastrophe risk modeller Karen Clark & Company (KCC) It’s the first full estimate of insurance and reinsurance market losses and a fair bit higher than where any of our market sources had been…
Read MoreBeirut hull, cargo & port facility losses “within $250m” – Guy Carpenter
Reinsurance broker Guy Carpenter has put out an early estimate for insurance and reinsurance market losses related to hull and cargo lines, as well as port facility damage, related to last week’s devastating explosion in the port area of Beirut, Lebanon. Source: AP Photo/Hussein Malla The explosion destroyed much of the area around the port…
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