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One of the greatest health challenges in our lives is the phenomenon of burnout. It occurs when there is enough negative stress that persists over time. As many of us know, stress is an integral part of being human. It can be positive (an upcoming wedding or birth of a child) or negative (job loss or…
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Inheritance tax dates back to the Roman Empire, which collected 5 percent of inherited property in order to pay soldiers’ pensions. Today, the practice is widespread. The majority of European countries covered in today’s map currently levy estate, inheritance, or gift taxes. These countries are Belgium, Bulgaria, the Czech Republic, Denmark, Finland, France, Germany, Greece,…
Read MoreAs we grow older, many of us worry about developing dementia. Now, a new blood test may detect if you are at risk for the disease 20 years before symptoms appear. It’s not the usual blah, blah, blah. Click here to sign up for our free newsletter. On July 28, researchers at the Alzheimer’s Association…
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RSA Group, the UK based insurance group, has warned reinsurers signed up to its Group Volatility Cover (GVC) and catastrophe reinsurance that it hopes to be able to pass on Covid-19 pandemic related losses, above certain levels, to each of those programs. RSA has previously warned its reinsurance panel that its aggregate and core catastrophe…
Read Morefizkes / Shutterstock.com First it was toilet paper and hand sanitizer. Then it was baking supplies and hair dye. The pandemic lifestyle is upending shopping trends, lifting grocery prices and surprising even manufacturers and retailers. Americans apparently have moved on from essentials to a comfort phase of pandemic spending. Many things enjoying an uptick in…
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RenaissanceRe, the Bermuda headquartered specialty re/insurer and third-party reinsurance capital manager, has had continued success in raising new funds for its collateralised reinsurance and retrocession focused Upsilon ILS strategy in the first-half of the year. As we explained yesterday, when RenaissanceRe announced its second-quarter 2020 results the company revealed some further capital raising amounting to…
Read MoreLife moves quickly. It’s easy to get distracted. But that can be costly. Miss an important financial date or deadline, and you could be on the hook for a penalty or lose out on a limited-time opportunity to save money. Enter our money calendar series. In this edition, we’ve rounded up the noteworthy money-related dates…
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Tropical storm Isaias has formed in the southern Caribbean overnight and is seen as the first storm of the 2020 Atlantic tropical storm and hurricane season with the potential to pose a hurricane threat to Florida and U.S. East Coast. Tropical storm Isaias is set for a journey through the Caribbean islands, via the Domincan…
Read MoreAlliance Images / Shutterstock.com This story originally appeared on Zippia.com. Nearly 40 million workers had lost their jobs due to COVID-19 by the end of May. While some of those jobs are slowly returning, some may be gone for good. Other jobs are still being cut, with furloughed workers discovering their job loss isn’t so…
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Markel Corporation hopes to see fresh inflows coming into its insurance-linked securities (ILS) business in the second-half of 2020, as the capital markets become less volatile and investor confidence recovers, according to Co-CEO Richie Whitt. As we explained yesterday, insurance-linked securities (ILS) assets under management have declined at Markel’s flagship ILS unit Nephila Capital, falling…
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