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It seems it’s only a matter of time before your next coronavirus stimulus payment arrives, now that the full House of Representatives has passed the $1.9 trillion relief package that calls for a third round of direct payments. The 594 pages of legislation, known as the American Rescue Plan Act of 2021, heads to the…
Read MoreTokio Marine & Nichido Fire Insurance Co. Ltd., the giant Japanese primary insurance group, is back in the insurance-linked securities (ILS) market seeking its fifth Kizuna Re catastrophe bond with a $150 million Kizuna Re III Pte. Ltd. (Series 2021-1) transaction that is being issued out of Singapore. It will be the seventh catastrophe bond…
Read MoreThe recent severe winter storm losses in the United States are only expected to have an attritional effect on certain aggregate catastrophe bonds, while per-occurrence bonds are expected to escape loss, according to Plenum Investments. The Zurich-headquartered specialist catastrophe bond and insurance-linked securities (ILS) investment manager noted that multi-peril aggregate cat bonds, providing reinsurance to…
Read MoreInsurance and reinsurance broker Aon is working in collaboration with Praedicat to develop named peril liability reinsurance products to help insurers transfer emerging liability risks such as those related to nanomaterials and 5G to traditional reinsurers and also the capital markets. The idea is to address product liability risks from new and emerging technologies, developing…
Read MoreLockton Re, the reinsurance business of the privately held independent global broking firm, has announced a key hire in Bermuda, taking Thomas Parcell from Aon as its new Chief Broking Officer on the island. Lockton Re has been building out its Bermuda platform of late and Parcell marks a key move into the non-marine retrocessional…
Read MoreThe question my wife asked was intriguing. I had just spent four hours helping a family member build a personal computer. It wasn’t the first time I had helped someone do so. The process is time consuming and takes technical skill to get it right, as well as to isolate and fix problems when things…
Read MoreThe Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program. Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-guidance-on-employee-retention-credit-and-ppp-eligibility
Read More“There is a frenzy of trying to use technology to re-establish the healing human connection in the doctor-patient interaction. These efforts range from advanced transcription of voice-to-record, scribes who do the data recording during a patient encounter, and so on. The IT department at NYU Grossman Medical School, where I teach, worked with the dominant…
Read MoreThe Sustainability Accounting Standards Board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the International Financial Reporting Standards Foundation. Original Article Posted at : https://www.accountingtoday.com/news/sasb-moves-forward-on-standard-setter-consolidation
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Hindenburg Research‘s short report on Ormat Technologies, Inc. (NYSE:ORA). Q4 2020 hedge fund letters, conferences and more Ormat Technologies, Inc. (ORA) Today we reveal how ESG-darling Ormat, a developer and operator of geothermal power plants, has engaged in what we believe to be widespread and systematic acts of international corruption. We expect the blowback to […]
The post Ormat: Dirty Dealings in ‘Clean’ Energy appeared first on ValueWalk.
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