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While overall insurance-linked securities (ILS) and third-party reinsurance capital has shrunk slightly over the last year or so, reinsurer RenaissanceRe bucked the trend and raised around $2.2 billion from investors in just over one-year. Raising capital has not been the priority for many in the ILS market in recent times, as the impacts from the…
Read MoreAs I sit here and stare at my computer screen for the 11th hour today, my attention has drifted from my hypothetical study material to reality. Over the past two months, I’ve spent hours on WebEx lectures as opposed to learning from patients, hours on video lessons instead of casual chats with residents and attendings…
Read MoreThe United Kingdom’s weather forecaster the Met Office, the national meteorological service for the UK, has joined calls for an above average level of hurricane activity to occur during the 2020 Atlantic tropical storm season with its long-range forecast for the season ahead. The UK Met Office has forecast 13 named tropical storms, 7 hurricanes…
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As our world is shaken in the most dramatic way imaginable, it is time for our global startup community to get closer, support, and learn…
The post Global Startup Survey Reveals COVID-19 Caused Fundings To Drop appeared first on ValueWalk.
Read MoreNothing lasts forever in this world. Well, almost nothing. A slew of companies still offer lifetime warranties on their products. Some pledge to give you a full lifetime warranty, no questions asked. You may not even have to offer proof of your original purchase. Following is a list of retailers that promise to guarantee your…
Read MoreThe Florida reinsurance renewals have been hit by a “perfect storm” of market conditions, according to TigerRisk Partners exec Brian O’Neill, who who says support from core reinsurance partners will be critical to help carriers weather the storm. As we explained yesterday, Florida reinsurance renewal pricing is reportedly up on average 20% or higher on…
Read MoreIt’s almost that time of year — gowns donned and diplomas handed out. Yes, the little boys and girls you once knew are now young men and women graduating from high school and college. Now that they are adults, get your graduates something useful that will give them a head start on life. Here are…
Read MorePeak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered, Fosun backed global reinsurer, has sponsored another collateralised reinsurance sidecar transaction, featuring a single $12.32 million tranche of notes that were issued by the reinsurers Lion Rock Re Ltd. special purpose vehicle. It’s the third issuance from the Lion Rock Re fully collateralised reinsurance sidecar…
Read MoreFlorida’s Citizens Property Insurance Corporation withdrew one layer of its latest issuance from the catastrophe bond market at the mid-year renewal, as it found that capital market investors are looking for “irrational returns” and wasn’t willing to lock in pricing over a multi-year basis at those rates, CFO Jennifer Montero explained to us. As we…
Read MoreMute points; a twist on taking the AOTC; abolishing estate exclusions; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-hero-hour
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