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Pacific Life Re, the global life, longevity and morbidity reinsurance firm, has completed a UK £3.7 billion longevity swap transaction for the Prudential Staff Pension Scheme, in an arrangement that was entered into using a Guernsey captive structure. Pacific Life Re has been growing its activity in the longevity swap, risk transfer and reinsurance market…
Read MoreThis story originally appeared on RetailMeNot. While the average family size in the U.S. remains well below its peak in the 1960s, the number of children per household has been steadily increasing for decades. In 2019, married-couple households with kids under age 18 had 1.98 kids on average, according to U.S. Census Bureau data. At…
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Tropical storm Eta is turning north and heading for the Gulf Coast of Florida, where the storm is expected to deliver a second soaking blow to the state, having caused flash flooding further south in its initial path. Tropical storm Eta’s journey around the Caribbean, Florida straits and Gulf of Mexico has been a long…
Read MoreThe association’s annual report details a difficult year. Original Article Posted at : https://www.accountingtoday.com/news/nasba-bouncing-back-from-the-pandemic
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“Holding space means being physically, mentally, and emotionally present for someone. It means putting your focus on someone to support them as they feel their feelings. An important aspect of holding space is managing judgment while you are present. Like when you tell a patient that they have stage IV pancreatic cancer and that it…
Read MoreLast week, New Jersey’s legislature took the first step towards making recreational marijuana legal when Senator and Majority Whip Nicholas P. Scutari (D) and Senate President Stephen M. Sweeney (D) introduced Senate Bill 21 (S21), New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act. If enacted, S21 would legalize and tax recreational marijuana in…
Read MoreIt’s not too early to start planning how to make your firm better next year. Original Article Posted at : https://www.accountingtoday.com/list/four-ways-to-reset-your-accounting-firm-for-2021
Read MoreBiden’s plan; virtual currency question moves up; the magnificent seven audits; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-changes-upon-changes
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If you are a doctor (or med student/health professional) and are human, you’ve probably made a medical mistake. You’ve probably not received emotional support for the mistake. Maybe you’ve never told anyone about a mistake that still haunts you today. The truth is that almost all physicians have admitted to medical mistakes sometime in their…
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The pandemic affected almost every link in the property/casualty value chain, but the industry weathered the stress well, according to Triple-I’s chief actuary, James Lynch. “The U.S.’s property/casualty (P/C) insurers provided premium relief, retained employees, and weathered a capital market downturn while navigating this year’s COVID-19 pandemic,” he said at the Casualty Actuarial Society’s (CAS)…
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