April 14, 2021

World

COVID-19 Super Savers Need to Carefully Navigate in a Post-Pandemic World

6 days ago

A little over a year ago, COVID-19 hit the United States, altering the fabric of our daily lives and turning the average American’s personal finances upside down. Within weeks, 52% of all households slashed their spending.  From all the upheaval and radical change emerged a new generation of risk-averse, financially conservative people: Meet the super savers.

After COVID reached the United States, we saw a pronounced jump nationwide in the personal savings rate — the amount of people’s disposable income that gets saved or invested. For the last two decades that savings rate sat at just under 10%. In April

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12 Most Valuable Insurance Companies In The World

2 weeks ago

In this article we are going to list the 12 Most Valuable Insurance Companies In The World. Click to skip ahead and jump to the 5 Most Valuable Insurance Companies In The World.

Despite the negative stigma attached to it, insurance remains one of the most important industries in the world. Its importance comes to light in case of loss of life, fire, loss of real estate, natural disasters and health problems. Insurance companies charge premiums to their customers on a monthly basis, which is based on the level of risk that the insurance company calculates on different

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World Insurance Associates Announces Leadership Expansion and New Rankings

1 month ago

TINTON FALLS, N.J.–(BUSINESS WIRE)–World Insurance Associates LLC (World), a Top 100 insurance brokerage, announced today the expansion of its leadership team to include a Chief Financial Officer, Chief Marketing Officer, Chief Placement Officer, Deputy General Counsel, Head of Employee Benefits, and a Senior Vice President and Vice President of Mergers & Acquisitions. World’s growth strategy includes building a world-class team to deliver on its value proposition of bringing a quality product portfolio combined with an outstanding experience to its partners and clients.

World appointed Brian Fitzgerald, CPA, as Chief Financial Officer. He will oversee all financial and accounting

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Business this week | The world this week

1 month ago
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Bob Sternfels was selected by the partners at McKinsey as their new global boss, following the defenestration of Kevin Sneader in the leadership ballot. Mr Sneader had tried to introduce more oversight of the firm’s consultancy work after several scandals dented its reputation, not least the advice it gave to Purdue Pharma on how best to push sales of OxyContin. Mr Sternfels says he is committed to continuing the reforms Mr Sneader started.

Oil prices

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How competitive chops can put you on the path to success in the world of finance

1 month ago

I was fortunate to grow up with parents that had two different qualities – my mother was a teacher and education was her highest priority.  But her kindness, unconditional love, and support enabled me to have confidence at a very young age. 

My father was – and still is – in the finance and had a strong work ethic both in business and in his personal life. He would work endless hours at his business, but he also prioritized his health and limited stress through exercise.  He ran every day, regardless of the weather – something I came to appreciate

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To thrive in the world of money management, women may need to go it alone

1 month ago

I never wanted or expected to run an investment management business. 

What I wanted was to manage my equity income strategy in the way that I knew it should be managed – employing a diligent research process to generate significant, dependable dividend income and to control for risk by investing in a diversified portfolio of cash-flow oriented stocks.

I also wanted my work to reflect my belief that clients deserve the opportunity to define their own objectives, to understand their investments, and to know their portfolio manager. 

Whether they have a question or just want to talk, they can pick

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