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In launching its first collateralized reinsurance sidecar vehicle and engaging with third-party investors on the recently announced Lifson Re Ltd. launch transaction, Rob Berkley – President and CEO of W. R. Berkley noted the importance of a “shared sense of obligation and duty to capital.” Insurance holding company W. R. Berkley Corporation announced its first…
Read MoreNatural, inexpensive and versatile, vinegar is a great all-purpose cleaner. Wait … scratch that. Vinegar is a great most-purpose cleaner. Vinegar’s cleaning muscle comes from acetic acid, a powerful cleaning agent that can remove grease, dirt and mineral deposits, and even kill some bacteria. But vinegar isn’t recommended for every cleaning chore. In fact, it…
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Are you curious about a new entry from RentGrow on your credit report? While you might expect to see a hard inquiry on your credit report when you apply for a mortgage, you might be surprised to discover the same type of entry when you apply to rent an apartment. If you recently applied to…
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Global insurance and reinsurance market catastrophe losses came in some 16% below the long-term average, but there could still be implications for aggregate contracts, as frequent smaller events occurred, according to analysts at investment bank Jefferies. December 2020 ended the year with a much lower level of insured catastrophe losses, after a more expensive few…
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. While it may be premature for many people to start traveling again, it’s probably not too early to start thinking about your future travel hopes and dreams and give…
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Are you getting calls from a company named Bay Area Credit Service? It’s probably because of an overdue bill hanging over your head. They are a debt collection company that works with companies that are having difficulty recovering payments from customers. They have either been hired by your original creditor or have purchased the debt…
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When you miss a payment on a bill, you run the risk of being contacted by a debt collector such as Burr & Reid. They are a particularly tenacious debt collection agency that will come after you until you pay up. Not only that, but they will wreak havoc on your credit score as well.…
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Jamaica continues to work with the World Bank on a first catastrophe bond for the country the Finance Ministry has said and reflecting the importance of disaster risk financing, in recent weeks it has received a roughly $3.5 million payout under its parametric CCRIF insurance coverage. The payout comes after the torrential rainfall from tropical…
Read MoreThis story originally appeared on NewRetirement. Want to know how to take control of your finances? Ask some smart people who are managing their own finances and actively planning for a secure future. On the NewRetirement Facebook group, we recently asked: “What is one action you have taken that has improved your financial life?” None…
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RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, has revealed that it raised an additional over $730 million of capital for third-party managed joint ventures and insurance-linked securities (ILS) vehicles at January 1st 2020. The company said this is on top of a healthy $1 billion of capital raised for some of its…
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