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Alternative reinsurance capital, for deployment into insurance-linked securities (ILS), collateralised contracts and catastrophe bonds, returned to outright growth in the fourth-quarter of 2019, ending the year up 2% on the prior quarter, but still -2% down on the end of the previous year. Insurance and reinsurance broker Aon has published its latest figures on global…
Read MoreIt was the middle of March when I came back to my work shift. I got the news my floor would be COVID-19 floor that meant all patients coming to the ER with COVID-19 symptoms would be placed solely under my supervision. I was all ready for it — at least I knew the challenges…
Read MoreThe Pennsylvania Supreme Court has ruled that the Covid-19 pandemic constitutes a “natural disaster” potentially setting an unwelcome precedent for some in reinsurance and insurance-linked securities (ILS). As concerns remain about the potential for a tidal wave of business interruption claims as a result of the coronavirus pandemic, every ruling is being closely watched to…
Read MoreReinsurance companies need to focus on capital preservation in order to offset the impacts in terms of losses and investment declines from the Covid-19 pandemic, according to S&P Global Ratings. While this may drive some increased demand, as reinsurers look to protect their portfolios and in particular hedge out extreme catastrophe risks using retrocession, any…
Read MoreIs staying at home making you a little stir crazy? We’re here to help. We’ve rounded up a variety of activities and games to help challenge your brain and banish the boredom. Some of these picks are so entertaining, you may even forget that there’s a quarantine! Although the prices you see here will almost…
Read MoreWhen will you have enough to retire? Answering this important question is tough because it depends on so many factors — your Social Security payments, how much you have in retirement savings and other assets, how your health holds up, when you hope to retire and how — will it be cat food or caviar…
Read MoreGoofy cat photos, pet rocks and a “gas-passing” app: All are simple — and dare we say dumb? — ideas that reportedly made their creators millions. Do you have a fabulous idea? Great! But that is just the first step on the path to riches. If you’ve got an innovation percolating in your head, you…
Read MoreA steering group has been formed by UK insurance and reinsurance industry leaders with Stephen Catlin of Convex as Chair, to work with UK government backed mutual terrorism reinsurance firm Pool Re to strengthen the industry’s response to future pandemics. With the significant impact of the Covid-19 coronavirus pandemic on the insurance and reinsurance sector…
Read MoreZagar quality drill and tap heads – essential to businesses combatting COVID 19
Read MoreAs resident physicians, now is not the time to be quiet. We must stand up for ourselves in the face of this life-threatening virus. Our health is vital to preserving the standards set before us in providing exceptional medical care to future generations. In the wake of the tragic deaths of a few of our…
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