Kaith Re Ltd., the transformer vehicle owned by global reinsurance firm Hannover Re, has issued seven series of private catastrophe bond notes, all Seaside Re (Series 2025), for a total of $84 million of notes sold to investors.Hannover Re remains a key facilitator to ILS market participants and its clients, through the matching of reinsurance … Read more
Image Source: 123rf.com More than 4.1 million Americans will turn 65 this year, and many will make the decision to retire. Notifying your employer of your retirement is a common courtesy that is slightly different than resigning or quitting a job. If you’re preparing your retirement letter to your employer, there is some etiquette you … Read more
Visa has unveiled a new cloud-based payment platform, which aims to revolutionise the industry by transforming almost any device into a cloud-connected payment terminal. Called Visa Acceptance Cloud (VAC), the platform will allow acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players move payment processing software from being embedded … Read more
This week’s main blog discussions include … Five key impacts of #Brexit five years on Five years ago, on 31 January 2020, the UK left the European Union. BBC Verify, the BBC’s fact checking service, just wrote a really interesting report on the impact. They cite analysis in five key areas: trade, immigration, travel, laws … Read more
A Medevac plane that crashed in Northeast Philadelphia killed one person on the ground and left 19 others hospitalized, in addition to killing all six people on board the aircraft, the city’s mayor said on Saturday. “This is a tragedy in our City. People lost their lives and many injured in this horrific crash and … Read more
