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The current hard market phase in insurance and reinsurance “has legs” as the levels of capital remain constrained in both traditional and alternative capital markets, analysts at Barclays have said. Market volatility due to the Covid-19 pandemic, as well as the losses it has and is causing, are both adding to a “multi-year squeeze on…
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Issuance of new catastrophe bonds continued apace through early July, helping total cat bond and related ILS issuance reach $9.6 billion as of this time, according to Artemis’ Deal Directory data. While the demand from investors for higher-returns is increasingly evident, as both spreads and multiples-at-market accelerated over recent weeks. Investor returns from the catastrophe…
Read MoreBanks always look for new sources of profit — and often find them at the expense of regular customers in the form of new and increased fees. Free checking accounts are increasingly hard to find in traditional banks. And often they are only granted to customers with high bank balances. In recent years, there have…
Read MoreBignai / Shutterstock.com This story originally appeared on Zippia.com. A major component of the $2 trillion CARES Act, a financial aid package built to soften the economic blows of the pandemic, was the Paycheck Protection Program. The mission of the PPP is to help small businesses keep the lights on and workers employed with forgivable…
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Reinsurance broker Guy Carpenter has made a string of appointments in its UK focused property facultative broking team, with a number of key hires poached from its rivals. The hires form part of a wider realignment process at Guy Carpenter’s facultative broking arm GC Fac, the company said this morning, as it structures its product…
Read MoreHere are the ten most popular news articles, week ending 19th July 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read articles on Artemis.bm,…
Read MoreBorrowers or their accountants can fill out the forgiveness application and the tool produces all government-mandated forms automatically. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-and-cpa-com-provide-ppp-loan-forgiveness-tool
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“Could COVID-19 be an opportunity that brings the plight of health care professionals finally to the forefront? Protect us so we can protect you. Do your part and stay home. Flatten the curve to give health care professionals a chance. Donate PPE. Donate food. And yet through this war, we, health care professionals, along with…
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It’s scary. Like 9/11, we have a new reference point touching everyone on the planet: life before COVID-19 and life after. Regardless if you get it or don’t, the unknowns and secondary consequences are scary. Life before COVID was scary, too, minus the urgency. Before COVID, we sensed the weight of living on a sick…
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The field of medicine is always changing. In fact, half of what students learn in medical school will either be wrong or outdated five years after they graduate. As future physicians, medical students must learn to adapt to these changes. In fact, the medical school curriculum itself has evolved greatly over the years. In addition…
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