Financial
2020 Dow Jones 30 Stocks List
Updated on March 16th, 2020 by Bob Ciura Spreadsheet data updated daily The Dow Jones Industrial Average is an index of 30 large-cap stocks that was first calculated in 1896. The index was originally focused on industrial stocks, but currently contains 30 businesses from a variety of sectors and industries. The Dow is typically used…
Read MoreEverest Re promotes Mango to Chief Risk Officer and Chief Actuary
Everest Re, the global re/insurer and third-party reinsurance capital manager through its Mt. Logan Re Ltd. vehicle, has promoted well-known industry executive Don Mango to the roles of Chief Risk Officer and Chief Actuary. Mango joined Everest Insurance in September 2018, taking on the role of Global Head of Actuarial Pricing and Modeling and responsibility…
Read MoreMultiStrat acquired by Canopius
Multi-Strat Holdings Ltd., the Bermuda based holding company that underwrites casualty and longer-tailed reinsurance and arranges casualty insurance-linked securities (ILS) transactions, has been acquired by Canopius Group Limited. Canopius, the global specialty insurance and reinsurance group headquartered in London, is making a majority acquisition of MultiStrat, but the MultiStrat brand will live on in the…
Read MoreLanny’s Coronavirus Dividend Stock Watch List
Yes, you’ve read the title correctly. I am on the hunt for bullet-proof dividend stock investments that will stand strong during and after the pandemic, i.e. the Coronavirus/COVID-19. Coronavirus watch list intro Given the recent stock market panic and seeing the S&P 500 drop 20% over the last month (through 3/13/2020), it’s time to take…
Read MoreRMS names Michael Steel as Global Head of Business Development
Global catastrophe risk modeller RMS has appointed Michael Steel, who previously served as the Group Chief Risk Officer at AXIS Capital, as Global Head of Business Development, joining the RMS Executive Committee. Steel first joined RMS in 2016 as Global Head of Risk Solutions and prior to his appointment, had been serving in a strategic…
Read MorePERILS expands Australian coverage to include motor lines
Industry backed catastrophe loss data aggregator and estimator, PERILS AG, has announced the extension of its line of business reporting to include Australian motor for both personal and commercial lines. Under its new offering, PERILS will make available market-wide motor sums insured exposed to earthquake, flood, tropical cyclones, extratropical cyclones, hailstorms, and bushfires in Australia…
Read MoreProperty firming to persist. Reinsurance rates & loss creep a driver: AmWINS
Property insurance rates are expected to continue hardening through 2020 and into 2021 by AmWINS, as the company believes reinsurance pricing and loss creep have become key drivers, while capacity is not yet showing a sign of returning in abundance to dampen the momentum. The market continues to move in a range of directions though,…
Read MoreCATCo fund directors “will not raise further capital in any circumstances”
The directors of the listed and in run-off retrocessional reinsurance focused investment strategy, the CATCo Reinsurance Opportunities Fund Ltd., have confirmed that they won’t look to raise further capital “in any circumstances”. The announcement confirms the strategy to run-off and shutter all of the Markel CATCo Investment Management retrocessional reinsurance investment funds. Markel CATCo Investment…
Read MoreBest of Artemis, week ending 15th March 2020
Here are the ten most popular news articles, week ending 15th March 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 More