LINCOLN, Neb. (Nebraska Examiner) – Who deserves $3.6 million in life insurance proceeds: the family of a Lincoln businessman implicated in a multimillion-dollar fraudulent loan scheme, or the financial institutions ripped off by Aaron Marshbanks? That question was argued Friday in court as the effort continues to resolve more than $34 million in claims against
When it comes to challenges in the property insurance marketplace, in relation to climate, weather, catastrophe losses and insurer’s ability to underwrite property business profitably, typically California or Florida are the poster child, but analyst firm ALIRT Insurance Research believes the issue is more widespread across the United States.ALIRT focuses on State Farm’s recent announcement
SYDNEY–Australian mortgage stress and delinquencies will start to rise, even as the country’s cash rate is tipped to decline by the end of the year, Helia’s chief executive said. The lenders mortgage insurer expects the Reserve Bank of Australia cash rate to fall to 3.85% by the end of 2024 from 4.35% currently, it said
Individuals aged 26-35 exhibit the highest intention to invest in health and life insurance, fixed deposits and mutual funds in the next year, indicating a proactive approach towards financial planning. This was revealed in a study titled ICICI Lombard’s report on emerging trends in health insurance with focus on taxation benefit. At the same time,
Developments like these have enticed high-net-worth individuals from the mainland to use Hong Kong as a base to manage their investments and diversify their portfolio. “I am very impressed by the thoughtful and excellent quality of service provided by financial advisers in Hong Kong,” said a businesswoman from Guangzhou who only wanted to be identified
A question asked often is whether or not private sector investment is on track. The answer at best is a shoulder shrug, as the signals available differ. It is usually argued that when the government spends big on infrastructure, it crowds in private investment. Construction means more business for sectors like steel, cement, capital goods,
Personal finance is the art of managing one’s money to achieve financial goals and maintain financial well-being. It involves budgeting, saving, investing, and making informed decisions about income and expenses. Essential aspects include creating a budget to allocate funds wisely, establishing an emergency fund for unforeseen circumstances, and strategically managing debt. Insurance and retirement planning
2023 was an excellent year for investors. The Nifty 50 gave good returns of around 20% and mid and small-caps did even better. Gold sparked investors’ portfolios with around 13% returns. In 2024, with interest rates expected to go down, will debt funds take the crown? What is the outlook for gold and equities in
The arrival of the new year signifies a new beginning, a blank canvas filled with thrilling possibilities. There’s no better way to commemorate this occasion than by sharing the warmth and joy of exchanging gifts with families. The festive atmosphere surrounding the new year adds an extra layer of significance to gift-giving, creating an experience
January isn’t just about resolutions; it’s a chance to plant the seeds for a prosperous year. You can make 2024 a year of smart financial decisions, which can be convenient and easy to implement. Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration