Financial
Global reinsurance capital recovers ~15% since initial Covid-19 hit: Willis Re
Global reinsurance capital levels have made a significant recovery broker Willis Re estimates, as the improvements in investment markets in recent weeks leads the company to believe that reinsurance capital is now only down roughly 5% since the beginning of 2020. The initial financial and investment market volatility created by the Covid-19 coronavirus pandemic had…
Read More4 Strategies to Weather this Pandemic
We are now in, officially, week 5 of the global Pandemic and our state of Ohio’s shut down. I have recently wrote about different stocks and industries that are better investment opportunities versus others. However, there are also many strategies to use to weather this pandemic of the coronavirus that I would encourage and explore.…
Read MoreEarly Firm Order Terms reflect mid-year renewal firming: Albertini, Leadenhall
The mid-year reinsurance renewal season is set for further firming of premium rates as market conditions help to sustain and perhaps accelerate recent trends, something Leadenhall Capital Partners CEO Luca Albertini says is evident in early Firm Order Terms. The CEO of London headquartered insurance linked securities (ILS) and reinsurance related investments manager Leadenhall Capital…
Read MoreMassive Covid-19 losses likely, but forced claims could bankrupt: Industry CEO’s
Two very senior insurance and reinsurance market leaders have warned that the sector is already facing “massive” losses from the Covid-19 coronavirus pandemic and that any forcing of business interruption claims on top of that could “bankrupt” the industry. The comments come from Oliver Bäte, Chief Executive Officer (CEO) of global insurance and reinsurance group…
Read MoreSoutheast U.S. tornadoes may drive billion dollar losses: Aon
The outbreak of severe convective weather that affected the U.S. south and eastern states this week may result in both economic and insured losses that surpass $1 billion, according to the latest update from Aon’s Impact Forecasting. At least 121 confirmed tornado touchdowns were seen in the severe weather outbreak that impacted states from Texas…
Read MoreCATCo retro fund expects $18.8m side pocket return of capital
The in run-off CATCo Reinsurance Opportunities Fund Ltd., the exchange listed retrocession focused investment fund strategy managed by Markel CATCo Investment Management, is expecting to receive an $18.8 million return of capital from a range of side pockets in May, with the proceeds set to be used to redeem more shares. Markel CATCo Investment Management…
Read More2020 Updated List Of All NASDAQ-100 Stocks
Article updated on April 16th, 2020 by Bob Ciura Spreadsheet data updated daily The NASDAQ-100 Index is a market capitalization-weighted index of the 100 largest non-financial companies that trade on the NASDAQ stock exchange. Because the index depends on the stock exchange on which a company trades, it is different than either the S&P 500…
Read MoreThe 2020 Updated List Of All TSX 60 Stocks & Companies
Article updated on April 16th, 2020 by Bob Ciura Data updated daily The TSX 60 Index is a stock market index of the 60 largest companies that trade on the Toronto Stock Exchange. Because the Canadian stock market is heavily weighted towards large financial institutions and energy companies, the TSX is a reasonable benchmark for…
Read MoreWhy Takeover Targets Abound Among Financial Stocks
This is a guest contribution by Crista Huff, Chief Analyst at Cabot Undervalued Stocks Advisor During the recent stock market downturn, investors sold shares of any company that has a connection to the life insurance industry, likely assuming that this market downturn is similar to the one in 2008. At that time, shares of famed…
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