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“Oh, but don’t worry, they’re fresh!” We were not talking about produce, and this was not reassuring. The conference speaker was scheduled to teach a Botox training session the next day – using cadaver heads. When I had initially signed up for this physician seminar on facial cosmetic rejuvenation, there was no mention of cadavers.…
Read MoreThe new year may bring higher insurance bills for drivers in five states. Those states are the only places in the nation where typical car insurance rates will rise in 2021, according to ValuePenguin’s “ State of Auto Insurance in 2021” report. The report found that across the nation, the average rate will fall by…
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Mars Incorporated, an American company which is one of the largest globally active and multinational manufacturers of food products, confectionery and pet food, has said that alternative capital is attractive to the firm as a potential backer for its captive, whole parametric risk transfer is seen as a “fantastic” risk management tool. This is according…
Read MoreI handed the floppy disk to a third-grader and asked him what he thought it was. “A … bottle opener?” he wondered. Somewhere, the ghosts of the 1980s were smiling. But I get it. To a kid for whom floppy disks are as unfamiliar as buggy whips, “bottle opener” was a darn good guess. I’ve…
Read MoreThe good old days were always better. Life was simpler, roads were clearer and — most of all — things were cheaper. Right? Kind of. The good old days had their moments, but not everything was better or cheaper. Some things actually have dropped in price over the years. The reasons are varied. Some products…
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Global reinsurance broker Gallagher Re, part of the Gallagher group, successfully brokered $140 million of traditional mortgage reinsurance for Arch Capital during 2020, as part of the firms Bellemeade Re mortgage insurance-linked securities (ILS) program. Arch Mortgage Insurance sponsored the issuance of over $1.55 billion of Bellemeade Re mortgage insurance-linked notes in 2020, as it…
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Australia headquartered global insurance and reinsurance firm QBE has increased the top of its main catastrophe reinsurance tower to $3.4 billion, with the company saying its renewal came in at a premium rate increase of under 5%, but restructured things slightly to account for heightened catastrophe frequency. QBE said this morning that its January 2021…
Read MoreThis story originally appeared on SmartAsset.com. Over the past 30 years, employment in science, technology, engineering, and math (STEM) jobs has grown by almost 80%, according to a recent figure from Pew Research Center. However, there is still significant disparity in representation across gender lines and particularly racial ones: Though Blacks and Hispanics combined accounted…
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The insurance-linked securities (ILS) market has entered 2021 with a positive outlook, as ILS investment yields have moved to some of the most attractive levels seen in almost a decade, according to Stephan Ruoff, Head of Schroder Secquaero. Following a number of years where ILS investment returns have been challenged by catastrophe losses, loss creep…
Read MoreHere are the ten most popular news articles, week ending 10th January 2021, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read articles on Artemis.bm,…
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