Speaking during today’s third-quarter earnings call for specialty insurance and reinsurance group Lancashire Holdings, the firm’s Chief Underwriting Officer Paul Gregory said he expects the company will…
Fed Officials Signal Possible September Rate Cut Amid Labor Softness: Three Fed policymakers — Daly (SF), Cook (Board), and Kashkari (Minneapolis) — expressed concern about a slowing…
A majority of short-term U.S. treasury rates decreased, while a majority of long-term rates increased this week. The 30-year treasury rate had a decrease of 0.01%. The…
Aon’s CEO Greg Case said today that he is hopeful the catastrophe bond his firm worked on for Jamaica will help the country in its recovery after…
Connecticut is collecting a duo of fiscal wins this week with two upgrades from both Moody’s and Fitch. Both of the credit rating agencies cited improvements in…
After 2008, there was a small community who always predicted repeats of The Financial Crisis. The problem the doom-mongers faced was the back side of “The Minsky…
Jamaica’s $150 million IBRD CAR Jamaica 2024 parametric World Bank catastrophe bond has been marked down on secondary pricing sheets and the US National Hurricane Center forecast…
Chicago is lending cash to its underfunded pensions so they have enough money to avoid asset sales to cover retirement checks as they wait for property taxes…