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While the outlook for the global reinsurance industry remains stable, rating agency A.M. Best warns that market hardening needs to continue for at least a couple of years in order to have a meaningful impact on the segments ability to sustainably make its cost-of-capital. The rating agency said this morning that it has maintained its…
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Specialty insurance and reinsurance player Brit Ltd. is the latest to target an upsizing of its first catastrophe bond issuance, as the firms Sussex Capital UK PCC Limited (Series 2020-1) transaction now has an increased target size of $300 million. This is Brit’s first full 144a catastrophe bond deal, with the company using its UK…
Read MoreThis story originally appeared on The Penny Hoarder. You know it’s a bad idea to pour your life’s savings into a single investment. It’s personal finance 101: Invest regularly, and diversify your portfolio. But a lot of times, there isn’t much guidance beyond that. So as an investor, you’re left wondering: How do you know…
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Details have now come to light about the first full catastrophe bond sponsored by Hamilton, the Bermuda based insurance and reinsurance holding company, with a target of securing $150 million of retrocessional reinsurance from the Easton Re Pte. Ltd. transaction. As we explained a week ago, Hamilton has entered the 144a catastrophe bond market and…
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Reinsurance broker Guy Carpenter has announced the hiring of Gen Re senior executive Pietro Toffanello, who will become the firms new Head of Japan during the first-quarter of 2021. Toffanello has a more than 25 year career in reinsurance, the majority of which was spent at the now Berkshire Hathaway owned Gen Re. Most recently,…
Read MoreHere are the ten most popular news articles, week ending 6th December 2020, 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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“I write in my book, ‘I know from experience that nothing positive comes from directing blame at yourself.’ When it comes to chronic illness (which includes chronic pain), it’s crucial to remember that you are not the enemy. Anyone can get sick, physically or mentally, and anybody can develop chronic pain. I just got an…
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I recently represented a physician in a noteworthy peer review case at an academic medical center. The medical staff president initiated a complaint against a surgeon, who would later become my client. The complaint was that the surgeon inappropriately collected cash payment from an uninsured patient at the hospital’s point of service instead of having…
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When the COVID-19 pandemic came to the United States, it required drastic changes in medical education curricula across the nation, with the majority of learning opportunities transitioning to the virtual setting. As our nation enters the ninth month of this public health crisis, it is necessary to reevaluate the current system and curate the innovative…
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For applicants seeking to match into a competitive specialty, it can be challenging. In fact, it’s not uncommon for programs to receive over 100 applications for a single residency position. To sort through that many applications, many programs use filters. One type of filter is a USMLE “cut-off” score: applicants who don’t score above a…
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