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Hymans Robertson LLP, the pensions and financial services consultants, is anticipating more non-traditional risk transfer for pensions, including through the use of capital backed solutions and alternative insurance products. As a result, the company has promoted Kieran Mistry to the newly created position of Head of Non-Traditional Risk Transfer. In this role, Mistry will lead…
Read MoreBuilding and living off a nest egg is tough — but you can make the situation even more difficult if you run afoul of some key laws governing retirement accounts. Make one wrong move, and the long arm of Uncle Sam may soon tap you on the shoulder, demanding a few explanations. Following are penalties…
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Hong Kong headquartered global reinsurer Peak Reinsurance Company Limited (Peak Re) has now revealed that it successfully renewed its Lion Rock Re fully collateralised reinsurance sidecar at a larger size of $107 million for 2021. As we reported back in January, Peak Re was in the process of renewing its sidecar vehicle for 2021, as…
Read MoreMoney Talks News has partnered with CardRatings for our coverage of credit card products. Money Talks News and CardRatings may receive a commission from card issuers. As travel continues to thaw, warmer weather approaches, and the idea of vacations becomes less scary, travelers won’t want to miss out on the latest great credit card bonus…
Read MoreWelcome to our “Social Security Q&A” series. You ask a question about Social Security, and a guest expert answers it. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It could result…
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The Aon and Willis Towers Watson (WTW) merger will “significantly lessen competition” in the supply of commercial risk, reinsurance and employee benefits broking, the Australian Competition & Consumer Commission is concerned. The Australian Competition & Consumer Commission (ACCC) is not the first to raise significant concerns about the merger, as similar issues had been raised…
Read MoreThis story originally appeared on SmartAsset.com. Tax time is taxing, especially if you owe money to the IRS. Complex questions can lead taxpayers to seek out a tax preparer or a professional financial advisor to minimize their tax liabilities. But with this year’s delayed filing season officially under way on Feb. 12, those who underpaid…
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HSCM Bermuda, the reinsurance and ILS investment management business arm of Hudson Structured Capital Management Ltd., has provided a $150 million debt financing arrangement to real estate focused States Title. States Title leverages machine learning intelligence and patented technology solutions to offer a range of residential real estate title, escrow and settlement services. The company…
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Arch Insurance International, part of the global insurance and reinsurance underwriting Arch Capital Group, has named Louis Tucker as the new head of its Lloyd’s managing agency operations, Arch Managing Agency Limited. Tucker was most recently the Head of Third-Party Capital at Arch Insurance International. He joined Arch when the firm acquired Barbican Insurance Group…
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“At that point, I realized Thanksgiving came early this year, and I missed it. It was a reminder of why many of us go into medicine. I didn’t go into medicine for glory or fame. Nor did I go into medicine for financial reward. Still, I often told the resident physicians I was training, after…
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