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The insurance-linked securities (ILS) fund market does hold some exposure to contingency related risks, including from event related exposures, which means there is a chance of some claims leaking to ILS funds from coronavirus triggered claims, Hudson Structured partner Edouard von Herberstein said today. Speaking at the SIFMA Insurance and Risk Linked Securities conference held…
Read MoreAs a child, when I first read The Little Prince and saw the picture of the boa constrictor swallowing an elephant, I would often ponder what it felt like to be the elephant. Later in seventh-grade science class, when I learned of amoebae and how they surround and digest neighboring life forms for their sustenance,…
Read MoreFor the 30 years I’ve been in the TV news business, I’ve been telling viewers and readers how to get their income taxes done as inexpensively as possible. And every year I’ve been amazed at how the big tax preparers rip Americans off by charging them tons of money to prepare their taxes and/or sell…
Read MoreImpact Photography / Shutterstock.com It used to be that you’d see “Made in USA” on everything from salad bowls to skirts. Those three words are tougher to find now. Many products and parts are made elsewhere, from China to Canada. But with a little scouting, it is possible to find and buy American-made products. In…
Read MoreThe American Institute of CPAs’ biennial CPA Firm Gender Survey found that flexible work schedules and telecommuting options can help attract and retain more female professionals. Original Article Posted at : https://www.accountingtoday.com/news/remote-work-options-can-boost-gender-diversity-in-firms-aicpa-survey
Read MoreInsurance-linked securities (ILS) fund managers, as well as other managers of third-party capitalised reinsurance and retrocesion vehicles, face a particularly significant challenge when it comes to accurately valuing the PG&E wildfire related subrogation settlement in their funds, the actuarial team at KPMG highlighted. As we’ve covered previously, Californian electrical utility PG&E has agreed an $11…
Read MoreChronic pain is an enigma for both pain doctors and their patients: difficult to understand (as everyone’s pain is different), challenging to treat effectively, and frustrating to live with. Desperate patients sometimes turn to drastic and irreversible surgical procedures, like amputating nerves to relieve pain, and unfortunately even those procedures may fail to provide the…
Read MoreThe law to boost retirement planning has tax consequences. Original Article Posted at : https://www.accountingtoday.com/opinion/tax-strategy-inside-the-secure-act
Read MoreWhite Mountains Insurance Group made good on its promise to allocate up to $50 million of capital into ILS funds under the management of Elementum Advisors, LLC, the insurance and reinsurance linked asset manager in which it acquired a 30% stake in 2019. White Mountains acquired a stake in ILS fund manager Elementum Advisors in…
Read MoreChuck McCabe of The Income Tax School explains the art of getting selected for a media story. Original Article Posted at : https://www.accountingtoday.com/news/why-arent-you-the-tax-expert-on-tv
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