Financial
Caterpillar (CAT) Dividend Stock Analysis: A Stock Under Construction
Caterpillar (CAT) experienced a decline of 42% to net income in Q1 2020 vs. Q1 2019, primarily due to lower sales volume. In addition, CAT has been able to reduce operating expenses by $2 billion, and investors may see a more efficient operation going forward. CAT is labeled as a dividend aristocrat, yet, no dividend…
Read MoreSome fronted ILS capacity in NZ Earthquake Commission renewal
New Zealand’s state-owned residential property disaster insurance entity the Earthquake Commission (EQC) has utilised some alternative capital within its recently completed $6.2 billion reinsurance program renewal, the entity has told us. The New Zealand Earthquake Commission (EQC) successfully completed a renewal of its NZ $6.2 billion reinsurance program recently, keeping the size of the program…
Read MoreLiberty Mutual Re hires Mackie for US property treaty reinsurance role
Liberty Mutual Re, the reinsurance underwriting arm of the Liberty Mutual Insurance Group, has announced the hiring of Scott Mackie, formerly of AXA XL, to a U.S. property treaty reinsurance role. Mackie, who had been at AXA XL for four years, joined Liberty Mutual Re on June 8th, taking the position of Director of Assumed…
Read MorePG&E bankruptcy confirmed, Wildfire Fund & subrogation to follow
Pacific Gas and Electricity (PG&E), the wildfire stricken California focused electrical utility operator, has achieved another important milestone in its history, as its bankruptcy plan has now been confirmed putting it on track to join the California Wildfire Fund and also to make its subrogation settlement payments. With the United States Bankruptcy Court for the…
Read MoreSempra Energy seeks $75m SD Re 2020-1 cat bond to top up wildfire insurance
Electrical utility Sempra Energy has returned to the catastrophe bond market with a $75 million SD Re Ltd. (Series 2020-1) transaction, as it seeks to extend the California wildfire insurance protection it receives from capital markets investors. This is the second wildfire catastrophe bond to be issued for Sempra Energy, following the $125 million SD…
Read MoreBest of Artemis, week ending 21st June 2020
Here are the ten most popular news articles, week ending 21st June 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read articles on Artemis.bm,…
Read MoreIRS stimulus check update: Is a second round in the cards?
Those looking for an update on a second round of IRS stimulus checks may be disappointed. Although there has been plenty of talk about a second stimulus check for everyone, lawmakers may not be inclined to do it. Q1 2020 hedge fund letters, conferences and more For now, the big problem seems to be division […]
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Read MoreGreat lessons from great men
Because I write a personal finance blog, I read a lot of books about money. I’ll be honest: they’re usually pretty boring. Sure, they can tell you how to invest in bonds or how to find the latest loophole in the tax code. But most of them lack a certain something: the human element. Over…
Read MoreThe Impact Of COVID-19 On American’s Long-Term Savings
The Impact Of COVID-19 On American’s Long-Term Savings – What You Can Do Differently to Prepare for the Unexpected Q1 2020 hedge fund letters, conferences and more A new survey finds 58% of Americans report COVID-19 has negatively impacted their long-term savings, and 54% worry the worst is yet to come for the stock market. […]
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