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The estimate of insurance and reinsurance market losses from a severe east coast low pressure storm that struck Australia at the beginning of February, has risen some 21% at the second reporting to A$958 million, according to PERILS AG. Sydney flooding image from ABC News’ Oscar Coleman. PERILS latest estimate, which is its first update…
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A new report from NEB discussing Brazil’s green economic recovery in the post-COVID world, titled, “New Economy for a New Era: Elements for Building a More Efficient and Resilient Economy in Brazil” Who: Joaquim Levy – Former Brazil Finance Minister and Managing Director of the World Bank Caio Koch-Weser – Former World Bank Managing Director […]
The post Brazil’s Post-Covid Green Economic Recovery appeared first on ValueWalk.
Read MoreWearing a face mask might be among the best ways to prevent the spread of the coronavirus. But some types of masks are significantly more protective than others. It's not the usual blah, blah, blah. Click here to sign up for our free newsletter. Recently, Duke University put more than a dozen types of masks…
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Zurich Insurance Group (Zurich) reported its results for the second-quarter and first-half of 2020 today, revealing an elevated level of catastrophe claims, with the U.S. civil unrest and rioting a key driver of impacts. Zurich reported growth in commercial insurance and an ambition to take advantage of the improvements being seen in pricing around the…
Read MoreOwning a home is a great way to build wealth over time, but some retirees find that becoming renters better suits their lifestyle and bank account. Homeownership carries many financial responsibilities. In addition to paying off a mortgage, you have to maintain homeowners insurance, pay property taxes and budget for ongoing maintenance. Renting relieves you…
Read MoreKey Findings When a person lives in one state but works in another, they may have tax liability in both states, but typically receive a tax credit to eliminate double taxation of that income. Seven states, however, tax people where their office is even if they do not actually work in the state, and these…
Read MoreWelcome to our “Social Security Q&A” series. You ask a question about Social Security, and a guest expert answers it. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It could result…
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QBE, the Australian headquartered global insurance and reinsurance group, said this morning that its claims from the Covid-19 pandemic have taken it very close to attaching its aggregate reinsurance cover. The company also explained that it expects any business interruption claims from the pandemic will be covered under its catastrophe reinsurance treaties. QBE reiterated its…
Read MoreThis story originally appeared on FlexJobs.com. Job seekers are often told that who you know is important when trying to land a job. And while that saying is true, who you know — your professional network — can do much more than help you find a job. Your network can also help you with many…
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According to global reinsurance giant Swiss Re’s latest data, the first-half of 2020 saw US $31 billion of global insured property losses from disasters, up by roughly 35% on the prior year. Of US $75 billion of economic losses to property from natural catastrophes and man-made disasters, only some 40% were covered by insurance and…
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