Welcome To ResourceShark™ Blog
ResourceShark™ Blog houses our network of website's blog postings. Here you will find a variety of topics ranging from international law to travel destinations and everything in between! If after reading our blogs you find yourself needing help from a professional in that field, please navigate to our home page and use our business directory to find a professional in your area!
Swiss pension funds, or Pensionskassen as they are known, could now allocate a greater percentage of their capital to insurance-linked securities (ILS), if they wanted to, as infrastructure investments have been carved out of the alternatives bucket. In the past, Swiss pensions were only allowed to allocate up to 15% of their assets into an…
Read More
“A lot of times, people don’t know what they want until you show it to them.” – Steve Jobs I was rusty. I felt rusty, at least. It had been forever, seemingly, since I attended patients as an emergency physician. A couple of years earlier, I’d been sailing along happily in my clinical career when…
Read MoreHave you noticed a company called Phoenix Financial Services on your credit report? If you have, this has probably been accompanied by calls from them to collect on a debt. You probably have also had a drop in your credit score. This is because collection accounts on your credit report can have a significant impact…
Read MoreA majority of retirees — 53% — have a last will and testament. But most lack six other crucial legal documents. In fact, amid the coronavirus pandemic, 30% of retirees have none of these crucial documents — not even a will — according to the 20th annual Transamerica Retirement Survey of Retirees. It's not the…
Read More
SCOR Investment Partners, the asset management company of the global reinsurance group SCOR, has raised fresh capital for its insurance-linked securities (ILS) strategies in the first-half of 2020, lifting its ILS assets managed to $2.4 billion. The increase in ILS assets under management at SCOR Investment Partners came as it began leveraging the fronting capabilities…
Read MoreThe Brookings Institution issued a report in 2019 saying that about one-quarter of all American jobs “will have experienced high exposure to automation” by 2030. That’s another way to say that robots and artificial intelligence will remove nearly 25% of jobs from the workforce. Nearly a quarter-century ago, Jeremy Rifkin startled America with his book…
Read More
The traditional and alternative capital sides of the global reinsurance market both declined by around 3% in the first-half of 2020, according to the latest data from broker Willis Re. At the same time, the pressure on traditional reinsurance companies ramped up further as dwindling investment yields drove down their returns on equity (RoE). Willis…
Read MoreOriginally published by Sarah Foster on Bankrate.com. Many Americans say that their financial situation has stayed about the same since President Donald Trump took office, according to a new Bankrate survey, even as a pandemic-induced recession put the most workers out of a job since the Great Depression. But some Americans don’t have optimism for…
Read More
Having struggled with sector results over the last three years, the global reinsurance sector is going to fail to earn its cost of capital in 2020, according to rating agency Standard & Poor’s. S&P maintained its negative credit outlook for the global reinsurance sector today, saying that “we expect to take additional negative rating actions…
Read MoreThis story originally appeared on SmartAdvisor Match. You work hard to earn your income, but where do you stack up against others in your city and across the country? In 2018, the working households that comprised the top 20% of earners nationwide made at least $125,322 throughout the year. In contrast, the working households in…
Read More