Financial
Vitality Re health ILS at risk from coronavirus morbidity stress: S&P
The Vitality Re series of health insurance-linked securities (ILS) transactions, which provide reinsurance protection to health insurer Aetna, are exposed to potential triggering by the coronavirus pandemic should it result in “severe morbidity stress”, rating agency S&P has said. The Vitality Re series of health ILS transactions are a way for Aetna to transfer peak…
Read MoreMonthly Dividend Stock In Focus: Apple Hospitality REIT
Updated on March 19th, 2020 by Samuel Smith REITs are a phenomenal asset class for investors to generate passive income from property ownership without any of the headaches of being a conventional landlord. However, there are so many REITs out there that it can be difficult to find the best for investment. What makes a…
Read MoreTime for reinsurance & ILS to embrace electronic trading & transfer of risks
As the reinsurance and insurance-linked securities (ILS) community adapts to full remote operations and working from home, this industry that has thrived on face-to-face contact now needs to rapidly embrace the electronic trading and risk transfer tools that are available to it. In these uncertain and challenging times, as the Covid-19 coronavirus outbreak continues to…
Read More2020 MLP List | All 115 Publicly Traded MLPs
Updated on March 19th, 2020 by Bob Ciura Spreadsheet data updated daily Master limited partnerships – or MLPs, for short – are some of the most misunderstood investment vehicles in the public markets. And that’s a shame, because the typical MLP offers: Tax-advantaged income High yields well in excess of market averages The bulk of…
Read MoreBMA responds to coronavirus: allows later filings, virtual board meetings
The Bermuda Monetary Authority (BMA) is making allowances for insurance, reinsurance and insurance-linked securities (ILS) company filings to be a little later and for physical board meetings on the island to not be required, in response to the Covid-19 coronavirus outbreak. The financial market regulator for Bermuda, the BMA activated a business continuity plan on…
Read MoreJapan typhoon Faxai, Hagibis & rainfall claims rise 35% to $9.2bn: GIAJ
Japanese domestic insurers have now paid out roughly US $9.2 billion in claims related to typhoon Faxai, typhoon Hagibis and the heavy rainfall event that closely followed these storms, which is an increase of 35% on figures released in December by the General Insurance Association of Japan (GIAJ). In its latest update on these recent…
Read MoreDividend Aristocrats with Low Debt
The Occidental Petroleum dividend cut is fresh on my mind. And trust me, the wounds are deep and still open. Sadly, this was not the first time that a major, oil company in my portfolio slashed their dividend in an attempt to clean up their balance sheet. Who could forget Kinder Morgan’s infamous cut in…
Read MoreAllstate’s Sanders Re II cat bond prices to provide $250m of reinsurance
U.S. primary insurance giant Allstate has now priced, according to sources, and will provide the company with a $250 million source of both per-occurrence and annual aggregate multi-peril reinsurance protection across a four-year term. The Sanders Re II Ltd. (Series 2020-1) transaction hit its $250 million target for Allstate, delivering the insurer the capital markets…
Read MoreTigerRisk hires O’Neill from GC for Florida & coastal property cat broking
TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced the hiring of former Guy Carpenter broker Brian O’Neill who will join the firm with a Florida and coastal property catastrophe risk broking focus. O’Neill joins TigerRisk Partners as Partner and Client Executive, Florida Business, and his hiring is targeted on…
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