Why I Was Wrong to Be Bearish on U.S. Stocks
A year ago I wrote the blog post Why I’m Bearish on U.S. Stocks (for the Second Time Since 2017). Since then U.S. stocks are up 16% (total return)…
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My Most Contrarian Opinion Right Now
I’m not much of a contrarian. By definition, contrarians are wrong most of the time. Fighting the herd only tends to work at the extremes. Here’s one of my…
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Building a Stronger Future Through Prevention, Partnerships, and Preparedness : Risk & Insurance
Munich Re is helping strengthen long-term insurance resilience by combining proactive loss prevention, advanced risk intelligence, resilient building practices, and cross-sector partnerships to reduce losses before disasters occur and…
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Insurers Want a Bigger Slice of the Bank Risk Transfer Boom
Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging instruments. Firms expect to…
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How cyber fraud threatens high-net-worth clients and what brokers need to know
Cyber-enabled fraud has become one of the most consequential financial risks facing affluent individuals and families, and brokers are on the front line. According to the FBI’s Internet Crime…
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Classic Car Insurer OpenRoad Expands to 40 States
OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March….
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The Myth of Owning Your Time
You’ve probably heard it all before. Be your own boss. Control your schedule. Own your time. As attractive as it sounds, it’s a lie. Many people believe that working…
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The 401k Has Been a Success
Here’s a brief history of the 401k plan: The Revenue Act of 1978 included an obscure provision called Section 401k which offered employees the option to defer taxes on…
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The Risk Your New Client Brought With Them : Risk & Insurance
The period immediately following a BOR transition is when the risk is most addressable and the conditions for addressing it are least favorable. Winning a new client through a…
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Zuckerberg Encouraged Growth Over Child Safety, Ex-Meta Executive Testifies at Trial
Arturo Bejar, a vocal critic of Meta’s safety record, made the allegation during his second day of testimony in a landmark trial over claims brought by a coalition of…
