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This week’s news that a new COVID-19 vaccine may be 90% effective in protecting recipients from the coronavirus disease set off whoops of joy across the nation. But while there is plenty to celebrate about the new preventive developed by Pfizer, there are some downsides to the vaccine, according to a Kaiser Health News report.…
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Brookfield Asset Management Inc., the giant Canadian headquartered alternative asset manager that has around $575 billion of assets under management, is expanding in the reinsurance space with an annuities strategy through which it expects to secure up to $10 billion of additional float at the start. Brookfield is just the latest of the very large…
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Oxbridge Re Ltd., the Cayman Islands based reinsurance firm, is optimistic about the opportunities it will see for its fully-collateralised reinsurance sidecar vehicle Oxbridge Re NS Ltd. The company is also optimistic about the prospects for its reinsurance business, which of course will benefit from hardening rates at renewals over the coming year. Oxbridge Re…
Read MoreThis story originally appeared on NewRetirement. At NewRetirement we understand how hard it is to save enough cash for retirement. We hear awful stories of seniors suffering financially. However, many of you have paid off or paid down your mortgages and actually have substantial savings in your home equity. If you are rich in home…
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Having already increased the target size of its first catastrophe bond by one-third, Allied World Assurance Company (AWAC), a global insurance and reinsurance company and part of the Fairfax Financial group, has now lifted the target a little more, with the latest marketed size of the 2001 CAT Re Ltd. (Series 2020-1) transaction now $210…
Read MoreThis story originally appeared on FlexJobs.com. It’s a delicate dance: You want to talk about your past and present accomplishments. But say too much, and you may come across as bragging. Don’t say anything at all, and no one knows about the great work you’ve done. So, how do you successfully market yourself in a…
Read MoreEarn extra money on Rakuten (formerly known as Ebates) — a site that gets you up to 40% cash back when you shop at your favorite stores like Target, Macy’s and Kohl’s. As a bonus for joining Rakuten before Dec. 31, 2020, you’ll earn $40 when you spend at least $40 within the first 90…
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Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance and transportation investment firm, has increased its stake in specialist tech-focused provider of personal insurance to high-net-worth clients Vault, participating in an acquisition of the company from owner Allied World. Hudson Structured, which enters into insurance and reinsurance investment business as HSCM Bermuda, had been…
Read MoreA new resource aims to help educate them on new requirements in those two areas. Original Article Posted at : https://www.accountingtoday.com/news/pcaob-guides-audit-committees-on-estimates-specialists
Read MoreVoters turned down Proposition 15, which would have changed how property taxes are assessed. Original Article Posted at : https://www.accountingtoday.com/articles/california-rejects-changing-tax-cap-law
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