Aon & Willis Towers Watson merger may face EC statement of objection: Reuters

According to Reuters, the Aon and Willis Towers Watson (WTW) merger may face a statement of objections from the European Commission (EC), as the authority seeks concessions to address competition concerns. It’s the latest turn in the largest insurance and reinsurance broker mega-merger and the suggestion from Reuters is that the EC has concerns the…

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In uncertain times, industry loss triggers make sense: Johansmeyer

In light of current market conditions and a heightened awareness about the hidden costs of UNL or indemnity business, it makes sense to leverage the industry loss index product, according to Tom Johansmeyer, Head of PCS. Industry loss metrics provided by PCS are extremely valuable for the industry and increasingly utilised in risk transfer and…

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The power of low expectations

At the end of January, I had an epiphany. Kim and I were sitting in the living room one evening, relaxed in our easy chairs, both reading books. All four of our beasts were nestled nearby. The house was quiet. For the first time in forever, I felt completely content. For maybe twenty minutes, I…

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Weak Jobs Data, Stocks And Gold

S&P 500 Outlook Gold Support Zone

Stocks gave up some of Monday‘s strong gains, but I find it little concerning in the sub-3,900 pre-breakout meandering. It‘s about time, and a play on the tech sector to participate meaningfully in the coming rally (or at least not to stand in the way again). [soros] Q4 2020 hedge fund letters, conferences and more […]

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Carlisle Management raises $290m for new life settlements fund

Carlisle Management Company, a Luxembourg headquartered global alternatives investment firm, has announced the successful raising of $290 million for its latest life insurance-linked settlements fund. The new closed-end life settlements focused investment fund, named the Luxembourg Life Fund: Absolute Return Fund II FCP RAIF, beat a $250 million target thanks to attracting a diverse group…

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These Are John Buckingham’s Stock Picks For 2021

The economy remains in distress, although there are signs of recovery underway. John Buckingham of Kovitz, editor of The Prudent Speculator newsletter, has found that value stocks typically outperform coming out of economic downturns. Thus, he argues that this is an excellent time to be a value investor. Q4 2020 hedge fund letters, conferences and […]

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What Correction in Stocks? And Gold?

S&P 500 Outlook

Stocks thoroughly rebounded yesterday, and corporate credit markets did even better. These are optimistic signs as the shape of the correction has been decided – again, as shallow, less than 5% one. Long-term Treasuries are no longer in a free fall, volalility has retreated back to the low 20s, and the put/call ratio swung back […]

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