Fitch Issues ‘Storm Warning’ for Reinsurers

On September 6, 2009

Fitch Issues ‘Storm Warning’ for Reinsurers

Life has been jolly good for the Bermuda reinsurers who provide billions of dollars to back up property insurers just in case hurricanes come crashing ashore in the U.S. A recent brush with Hurricane Bill washed away a few inches of sand on that island's beaches, but otherwise caused very little damage. As already reported by BNET Finance, earnings have been decent and there seems to be little in the way of hurricane activity looming across the Atlantic. The storm season is more than half over and the worst of it, when waters in the Caribbean are at their warmest, has already gone by. Enter Fitch Ratings with its own tropical blast. "Reinsurers may struggle to replenish capital if they suffer...
On September 6, 2009

AIG: Deciphering the Asset Sales

The new chief executive of American International Group may be talking about keeping the company together and making it profitable, but the glacier that once was the world's largest insurer continues to split apart, calving icebergs out into the sea. In the latest news over the Labor Day weekend, AIG sold off a piece of its asset management unit to a Hong Kong investment firm. The sale is a bit of a puzzlement. AIG is retaining the bulk of its asset management, about $480 billion, while apparently selling off nearly $89 billion in foreign operations in 32 countries. But the head of its asset management operations, the highly respected Win Neuger, is part of the sale. One gets the feeling that...
On September 6, 2009

Selling Friends, Followers and Fans Online: Crafty or Shady?

On Facebook, most people make friends the old-fashioned way -- by sending a request to be added to someone's posse of pals. Now, an Australian marketing company hopes to save you time and energy by simply buying you a few thousand buddies. The service from uSocial is mostly meant for businesses, celebrities and other individuals looking to expand on the social network, and Facebook isn't happy about it.


On September 6, 2009

What Do Venture Capitalists Want? | BTalk Australia

[podcast] Is now a bad time to be looking for venture capital for your business? What can you do to improve your chances? How do you ensure that you're not giving away too much to the people who have the cash?


On September 5, 2009

15 Places to Make Money Creating Your Own Products

Creating your own products used to mean a significant up-front investment — purchasing a minimum amount of the product as dictated by the manufacturer, paying for warehousing, packaging, point-of-sale systems, and other overhead costs. And that was all before you even took a single order! Thankfully, for many types of products, print-on-demand technologies [...]
On September 5, 2009

Are You Blogging To Me?

This is a guest post by Igor Kheifets. If you want to guest post on this blog, check out the guidelines here. One of the most common mistakes I see aspiring bloggers make is never thinking about who are they blogging to. Usually, a person just creates a blog about something he is passionate about and starts posting. But whether you’re blogging for fun or to make money (or both) – it is essential to think about who are blogging to.

Grab the "Make Money Blogging" eBook here!
Original Post:Are You Blogging To Me?

On September 5, 2009

Twitter and the New Social Marketing Game

People around the world interact with Alecia Dantico all day. Usually, though, they don't know whether she's young or old, male or female. What her followers on Facebook and Twitter know is that's she's a friendly, sometimes sassy, blue and gold tin of Garrett Popcorn.
On September 4, 2009

California Insurers Deny One of Five Claims

California health plans denied 22 percent of claims since 2002, according to a report by a state agency. State Attorney General Jerry Brown is launching an investigation.
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