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Aditya Dutt, the leader of RenaissanceRe’s insurance-linked securities (ILS) and third-party capital management businesses, is set to take on the role of Partner and President of Bermuda-based reinsurance and ILS focused investment fund manager, Aeolus Capital Management Ltd. As we wrote last week, it was announced that Dutt would be leaving RenRe for another opportunity,…
Read MoreThe best time to make changes? When everything you’ve ever known has been turned upside down. Original Article Posted at : https://www.accountingtoday.com/opinion/better-every-day-its-time-for-accounting-firms-to-pivot
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I am a voyeur of human anatomy. Not in a perverse sense, but rather as part of my profession. In a single day, I can watch a heart beating in its chest cavity in one operating room, walk two doors down to view an exposed brain, and then cross the hallway to an abdomen incised…
Read MoreHow much mortgage can you afford on your salary? The answer depends on other factors, too. Get the full story here. Original Article Posted at : https://themortgagereports.com/67364/how-much-mortgage-can-i-afford-on-my-salary
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Insurance-linked securities (ILS) investors and catastrophe bond funds valued the diversification opportunity that was the recent EUR 100 million European peril focused recently completed Windmill II Re DAC (2020) transaction sponsored by Achmea, according to catastrophe modeller RMS. Diversification opportunities are always readily welcomed by cat bond funds and their investors and in 2020 this…
Read MoreMortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall. Original Article Posted at : https://themortgagereports.com/67547/mortgage-rates-today-july-13-2020-plus-lock-recommendations
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A quarter of the physician workforce in the United States consists of international medical graduates (IMGs). This year 4,222 non-U.S. citizens matched in first-year residency positions. I am an IMG from Guatemala, where I completed medical school. In March of 2014, I matched to an internal medicine residency in the United States. The road has been…
Read MoreThe coronavirus seems to be changing every aspect of life, even taxes. The pandemic prompted the IRS to push back the filing deadline for 2019 tax returns to July 15, and tax changes will continue into next year. The Coronavirus Aid, Relief, and Economic Security Act, more commonly known as the CARES Act, makes the…
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The impacts of the Covid-19 pandemic and costs from the riots and civil unrest in the U.S. have lifted insurance carrier W. R. Berkley’s second-quarter loss burden well above estimates. W. R. Berkley reported an estimated $145 million pre-tax catastrophe loss burden for the second-quarter of 2020. The largest driver of these losses is the…
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Universal Insurance Holdings, the Florida headquartered and expansive primary insurance carrier, has reported suffering above budget losses due to severe weather in the second-quarter of 2020. The carrier reported on Friday that weather related catastrophe events caused it $17 million pre-tax (approximately $12.8 million, after-tax) of losses, after taking into account reinsurance recoveries. As a…
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